Revolutionizing Energy: Tecpetrol’s Sustainable Approach to Crypto Mining in Argentina
Tecpetrol, a prominent Argentinian oil producer, unveils its strategy to venture into crypto mining utilizing associated gas.
Headquartered in Buenos Aires, Tecpetrol engages in oil and gas exploration and production across Argentina and several other LATAM countries, including Venezuela, Bolivia, Ecuador, Mexico, Peru, and Colombia.
According to Rio Negro, the company intends to leverage associated gas from its oil fields near Vaca Muerta to generate electricity. This power will be directed towards fueling rigs for crypto mining operations.
While Tecpetrol has not disclosed the specific cryptocurrencies it plans to mine, the company has entered into a partnership with a firm specializing in similar operations for U.S.-based companies.
Read More… [Source: CryptoNews.com]
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