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An oil firm down in Buenos Aires simply had an epiphany…
See, Tecpetrol is planning to drill at the least 35,000 barrels of oil per day at its facility, and in that course of, there’s going to be a bunch of extra fuel that is created.
However the infrastructure wanted to seize, transport and promote that extra fuel is pricey! Too costly to justify constructing out.
So the corporate has simply been burning (aka “flaring”) the fuel on web site.
However here is Tecpetrol’s new resolution:
As an alternative of flaring the surplus fuel (which is akin to lighting cigars with hundred-dollar payments), the corporate is now placing it to work.
How? Crypto mining!
And yeah, we hear you! This ain’t about to make crypto the poster youngster for sustainability (not by an extended shot).
However hey, it is higher to have them convert it into vitality and mine crypto than merely watch it go up in smoke, straight into the ambiance.
If 100% inexperienced renewable vitality is the tip objective, and that is only a stepping stone in that transition?
We will get behind it.
