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Oil Giant Shell Makes Move Into Bitcoin Mining Industry – Here's What You Need to Know

One of the largest oil and gas companies in the world, Shell, aims to offer its lubricant and cooling solutions to bitcoin (BTC) miners. ....

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As Oil Giants Turn to Bitcoin Mining, Some Spin Burning Fossil Fuels for Cryptocurrency as a Climate Solution

In a pilot project last year, ExxonMobil used up to 18 million cubic feet of gas per month to mine bitcoin in North Dakota. ....

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ConocoPhillips is powering a bitcoin miner in North Dakota

ConocoPhillips is powering a bitcoin miner in North Dakota
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BSS to host Blockchain Expo with industry experts

The Lamar University Blockchain Students Society invites the public to attend its Blockchain Expo from 6-8 p.m. ....

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Another Oil Giant Joins The Blockchain Bandwagon – Investment Watch

As oil majors rally from last year’s dip in demand and price, most are looking for new technologies to ensure the safety of their future. Driving down costs and enhancing green practices is at the top of these companies’ priority list going into the next decade, and blockchain is offering them a way to do this. The latest company to buy into blockchain technology is Norwegian firm Equinor. Equinor is 70 percent owned by the government, meaning oil production must go hand in hand with environmental policy. To this end, CEO Anders Opedal aims to make Equinor carbon-friendly, the first “net-zero” oil company by 2050. ....

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