The Bengal Energy to mine BTC utilizing stranded gas pits in the Australian outback

March 31, 2022


Canadian oil and gas miner Bengal Energy is all set to start its trial program of accessing previously stranded gas sources with portable BTC mining rigs. Canadian oil and gas firm, Bengal Energy is starting Bitcoin mining as a means of utilizing the untapped power from its gas holes in the far stretches of the Australian frontier. As per reports, it is gathered that Australian, Bengal Energy is set to perform a chief strategy where around 70 BTC mining rigs will be set up inside a small building. In the regional mining enterprise, it is known as a donga which will be developed near a series of recently out-of-operation gas wells in the Cooper Basin.

As per Bengal Energy’s supreme operating officer Kai Eberspaecher, the firm obtained the gas wells from its regional oil and gas extraction members, Santos Energy and Bridgeport Energy. A trial donga will be equipped with 66 mining rigs that can develop roughly 0.005 BTC per day which equates to about $235. If the trial blooms, Bengal Energy will seek to increase its BTC mining outcome by 10 to 20 times, which means the entire income will be between $2000 to $5000 per day.

Bengal Energy joins the prospering list of mining firms comprising ConocoPhilips and Exxon Mobil, that are pursuing to suppress the entire ability of stranded energy through small BTC mining strategies. The BTC Mining Council totalled a sustainable energy mix of 58.5% for the multinational industry in the 4th quarter of 2021. Miners in Norway are even utilizing waste heat to dry out lumber.

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