Gazprom’s subsidiary, Gazpromneft, which is one of the world’s top 10 oil companies, is going to start mining cryptocurrency.
The scheme is quite simple: combustible associated gas (which was previously simply burned) from one of the oil production facilities in the Khanty-Mansiysk District will provide the operation of a small power plant owned by the company, and that, in turn, will use the obtained energy to power a mining farm.
Gazpromneft, along with Rosatom, is one of the few Russian state-owned companies whose management has decided to use part of the produced energy for the needs of the booming crypto mining industry, which, as you know, is in great need of it.
However, it is worth clarifying that Gazpromneft will not be directly involved in the production of cryptocurrency. Apparently, the well-known Russian IT company Vecus will become its partner – a joint pilot operation for the extraction of cryptocurrency “minerals” took place last fall.
Later, as reported in Gazpromneft, Vecus posted on the website information about a shipping container with 150 ASIC Antminer S7 devices of the Chinese company Bitmain, the world’s largest manufacturer of equipment for mining cryptocurrency. With the help of these devices, in just one month, it was possible to produce 1.8 BTC, having spent about 50,000 cubic meters for this. gas.