US Ambassador to Argentina Hails Bitcoin Miner’s ‘Genius’ Flared Gas Power Generation Plans

The U.S. Ambassador to Argentina, Marc R. Stanley, has lauded Unblock Computing’s bitcoin mining inaugural for its innovative usage of flared state successful generating electricity. Ambassador Stanley commended the program for its dual benefits: aiding Argentina successful achieving its clime objectives and promoting vigor conservation.

Argentina’s Climate Goals

The United States Ambassador to Argentina, Embajador Marc R. Stanley, has praised bitcoin miner Unblock Computing’s program to make energy utilizing flared gas. According to Stanley, Unblock Computing and its spouse Crusoe Energy Systems’ ingenious program not lone helps the South American state attain its clime goals but besides saves energy.

The remarks by Stanley, which helium shared via X (formerly Twitter), followed reports that the Argentine Bitcoin miner had secured a $15 cardinal concern to powerfulness its operations astatine Vaca Muerta. Located successful the Neuquén Basin successful bluish Patagonia, Vaca Muerta is said to clasp 1 of the world’s largest shale state reserves.

Expressing his delight astatine the 2 companies’ unsocial mode of generating electricity, the U.S. Ambassador said:

Love seeing U.S. [and] Argentine companies enactment unneurotic to lick problems and assistance the environment. The geniuses astatine Crusoe [and] Unblock Global figured retired a mode to combust methane and make electricity. This not lone helps Argentina conscionable its clime goals, but besides saves vigor and makes money. Brilliant.

Ya somos el 2do minero con state de flare del mundo! @UnblockComputos

Con una inversión de más de $15M en Argentina, junto a @CrusoeEnergy @PampaEnergia y @Petrocuyo hacemos que $200M de petróleo de Vaca Muerta se produzcan con menos emisiones @PluspetrolARG @Tecpetrol pic.twitter.com/zHS5dqm9YG

— Tomas Ocampo (@tomasoc) December 13, 2023

Meanwhile, successful a Dec. 13 station connected X, Tomas Ocampo, the laminitis of Unblock Computing, said the $15 cardinal concern is acceptable to assistance Crusoe Energy Systems and its partners nutrient $200 cardinal worthy of lipid with less emissions.

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