Tecpetrol plan to establish gas-powered crypto mining facility 2024
The Argentine oil company Tecpetrol has revealed plans to open a natural gas-powered cryptocurrency mining operation.
The project will be located in Argentina’s Patagonia in the Los Toldos II Este region, to the north of Vaca Muerta. The mine is scheduled to open for business in late October or early November.
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gas-powered crypto
Tecpetrol has started a project to turn waste gas from oil drilling into electricity for the mining of bitcoin. By decreasing gas emissions and flaring—which burns off gas that is difficult to store or transport—the environmental effect is intended to be as low as possible.
natural gas-powered cryptocurrency mining
Our energy is what powers Tecpetrol. It’s the vitality, enthusiasm and drive with which each person carries out their work every day. It’s the dynamic attitude, combined with intelligence and seriousness, that has always been present in the way we tackle challenges and pursue opportunities.
Our leadership has allowed us to pioneer complex energy projects that make a significant contribution to growth and development in the countries where we are present. This is why we’re passionate about bringing our energy into play.
Argentine oil company Tecpetrol
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