Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces

Drilling for oil and gas and mining for bitcoin might seem like an odd couple.

One is more than 150 years old. The other has existed for a little over a decade. One is a staple of industrial development, squarely grounded in the world of atoms. The other is an innovation of a digital era, financial plumbing for the world of bits. One involves sweaty outdoor work. The other involves a lot of math and abstraction inside cavernous air-conditioned data centers.

If the founders of bitcoin miner JAI…


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