In accordance with the bitcoin mining operation and mining rig reseller, Compass Mining, a brand new documentary will probably be launched that covers the bitcoin mining operations in central Wyoming. The documentary, known as “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere on the Empower Convention in Houston, Texas, on March 31.
Compass Mining and JAI Vitality to Premiere Bitcoin Mining Documentary at Empower Convention in Texas
A brand new documentary movie is popping out that’s centered across the topic of bitcoin mining and its relationship with the oil and gasoline business in Wyoming. The documentary is being aired by Compass Mining and can characteristic the bitcoin power options supplier JAI Vitality. “[The film] showcases how JAI Vitality is harnessing extra power from oil pure gasoline manufacturing to create worth out of in any other case wasted assets,” an announcement from Compass Mining despatched to Bitcoin.com Information explains.
Screenshot of JAI Vitality’s gas-to-bitcoin mining resolution.
The announcement notes that JAI Vitality was particularly constructed to “mine and supply bitcoin mining providers for functions involving stranded, flared, and poor financial pure gasoline streams.” The corporate has a mining facility situated within the state of Wyoming in Casper, and the operation is featured within the film. In accordance with Compass Mining, the state of Wyoming is the place all manufacturing of JAI Vitality’s mining information facilities takes place. William Foxley, the director of the documentary and content material director at Compass Mining, stated the staff is “excited to inform JAI Vitality’s story.”
“Pure gasoline has so many benefits for bitcoin mining. JAI and different miners create worth off an in any other case wasted useful resource,” Foxley defined in an announcement. “With the documentary, we needed to humanize the Bitcoin mining business by bringing the viewer to the scene of motion. Bitcoin mining is revolutionizing the way forward for the oil and pure gasoline business in Wyoming and Texas, and we’re fortunate sufficient to indicate it first on tape.”
The documentary follows the information that was leaked final week that famous Exxon Mobil Company (NYSE: XOM) was working in North Dakota piloting a gas-to-bitcoin mining program with Crusoe Vitality Options. Along with corporations like Crusoe Vitality and JAI Vitality, different companies like Upstream Information, Greenidge Technology, and EZ Blockchain present gas-to-bitcoin providers as effectively. A CNBC report highlights that Exxon Mobil and Crusoe Vitality are eradicating over 10 million cubic ft of methane gasoline per day by mining bitcoin (BTC).
“At Compass, we need to make bitcoin mining accessible to everybody. We love that JAI Vitality is offering an revolutionary resolution to issues within the oil and gasoline business by capturing flared gasoline, changing the gasoline into electrical energy, and producing bitcoin off the stranded power,” remarked Whit Gibbs, the CEO of Compass Mining.