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Published by admin at April 29, 2024

Bitcoin miners and oil and gas execs mingled at a secretive meetup in Houston – here’s what they talked about

In a Houston warehouse, oil and gas execs and bitcoin miners convened to discuss innovative collaborations. Hayden Griffin Haby III, a former oilman turned bitcoin enthusiast, founded Limpia Creek Technologies, which uses stranded natural gas to power bitcoin mining rigs. With China's crypto mining exodus ("Chexit"), Texas became a prime destination due to its abundant energy sources and crypto-friendly environment.

Parker Lewis of Unchained Capital, an advocate for bitcoin in Texas, helped organize the meetup, drawing over 200 attendees. The meetup buzzed with discussions on using excess natural gas for mining, a practice championed by companies like UpstreamData. UpstreamData's portable mining solutions convert wasted methane into profit, making it economically viable for oil and gas firms. Attendees also discussed political activism to protect bitcoin interests, recognizing the need for legislative support. This growing alliance between bitcoin miners and the oil and gas industry showcases the potential for mutually beneficial partnerships and environmental impact reduction.

Read the full news here

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All-climate, high performing industrial loadcenters in 90-900 kW modules!
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for cold climates
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* Direct drive booster fans located in cold aisle never overheat
* Variable speed drives optimize power usage
* Certified to national buildings and electrical standards
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Small, quiet, weatherproof loadcenters for applications up to 45 kW
* Two layers of filtration
* Passive heat recirculation
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* Positive air pressure for optimal cooling
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Slide Learn more Hash Generator™
Natural gas generator + loadcenter in a compete, plumb & play skidded package!
* Two layers of filtration
* Passive heat recirculation
for cold climates
* Positive air pressure for optimal cooling
* Safe working space & Emergency engress
* Switchgear mains included
* Direct drive booster fans located in cold aisle never overheat
* Variable speed drives optimize power usage
* Certified to national buildings and electrical standards
Slide Learn more Hash Hut™
All-climate, high performing industrial loadcenters in 90-900 kW modules!
* Two layers of filtration
* Passive heat recirculation
for cold climates
* Positive air pressure for optimal cooling
* Safe working space & Emergency engress
* Switchgear mains included
* Direct drive booster fans located in cold aisle never overheat
* Variable speed drives optimize power usage
* Certified to national buildings and electrical standards
Slide Learn more Black Box™
Natural gas generator + loadcenter in a compete, plumb & play skidded package!
* Two layers of filtration
* Passive heat recirculation
for cold climates
* Positive air pressure for optimal cooling
* Safe working space & Emergency engress
* Fanless design minimizes maintenance
* Several power input options including 240v, 415v and 480v rated PDUS
* Fire proof enclosure limits electrical fires from spreading

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