Aspen blockchain is a cryptocurrency mining company based in Texas. We help oil companies monetize stranded or wasted natural gas without having to build pipeline infrastructure. By placing a gas electric generator at the wellhead, we can turn natural gas into the electricity we need to power our computers.
Flared Gas
Fracked wells produce oil and natural gas. When it is not economically feasible to transport the gas to market, exploration companies burn it on site and only deliver the oil. In 2021 $18.1B worth of natural gas was flared, releasing 452M tonnes of CO2.
Bitcoin Mining
Mining computers consume thousands of kWh cycling through trillions of hashes per second. Managing electricity costs is the key to profitability.
Bitcoins from Flares
Aspen uses gas electric generators to power mining computers housed in mobile data centers at well sites.
Company Details
- Founded
- 2021
- Address
- El Paso, Texas, Us
- Industry
- Oil And Gas
- NAICS
-
Oil and Gas Extraction
- Website
- http://aspenblockchain.io
- Keywords
- Miguel Hidalgo.
- HQ
- El Paso, Texas
Aspen Blockchain Questions
Aspen Blockchain's website is http://aspenblockchain.io
Aspen Blockchain's LinkedIn profile is https://www.linkedin.com/company/aspen-blockchain
Aspen Blockchain's industry is
Oil and Gas
Aspen Blockchain's top competitors are
Grupo De La Vega,
Almacenes Distribuidores De La Frontera,
Crea Con Ia,
Coprofusa,
Futuverse,
Datalori,
René & Co.,
Weat Franklin Mountain Section (El Paso Texas),
Carmona Industrial Design,
Undercover Fitness.
Aspen Blockchain's categories are Oil and Gas
Aspen Blockchain's founding year is 2021
