Bitcoin miner Crusoe Energy Systems raises $505 million - BitcoinEthereumNews.com
Bitcoinबिटकॉइन माइनर क्रूसो एनर्जी सिस्टम्स ने $ 505 मिलियन जुटाए04 / 22 / 2022बिटकॉइन एथेरियम समाचार Bitcoin miner Crusoe Energy Systems raised $505 million in a Series C round to accelerate the growth of its mining operations powered by natural gas that is typically burned as a waste product of oil extraction. The Denver-based company got $350 million in equity financing from G2 Venture Partners and an additional $155 million in credit facilities from SVB Capital, Sparkfund and Generate Capital, according to an anouncement on Thursday. The company currently operates 86 “Digital Flare Mitigation” data centers, which bring energy demand to places where excess natural gas is being flared, like oil drilling operations. It plans to expand them in the US and internationally. This setup has been touted as a win-win situation. The miners use excess natural gas, in theory reducing methane emissions while generating a profit. Crusoe recently launched a pilot project with oil and gas behemoth Exxon in North Dakota and is considering setting up similar ones in Alaska, Nigeria, Argentina, Guyana and Germany. अपना क्रिप्टो दैनिक संक्षिप्त प्राप्त करेंn दैनिक वितरित, सीधे आपके इनबॉक्स में। In the market for flare mitigation and modular data center technologies, Crusoe is the “clear leader in scale,” said