Bitcoin Miners Find Alternative Way To Mine Bitcoin

Published on: 24.05.2021

Bitcoin miners have found an alternative way to mine the leading cryptocurrency.

A report from Reuters states some oil drill  companies and bitcoin miners has forged a partnership to enable mining with natural gas.

Bitcoin miner uses unwanted natural gas by oil drilling companies and convert this into electricity to power the trailers with mining rigs to mine bitcoin.

The team up can result to a positive environmental impact for the crypto mining industry and will also help take off the load from miners that uses non renewable energy resources.

#SmartCrypto

Market Stats:
BTC Dominance: 53.3%(+0.54%/24h)
ETH Dominance: 16.71%(-0.31%/24h)
Defi Market Cap: $86.47B(+31.37%/24h)
Total Market Cap: $2322.73B(-2.37%/24h)
Total Trading Volume 24h: $68.4B(+42.16%/24h)
ETH Market Cap: $387.64B
Defi to ETH Ratio: 22.31%
Defi Dominance: 3.54%
Altcoin Market Cap: $1084.72B
Altcoin Volume 24h: $42.08B
Total Cryptocurrencies: 29454
Active Cryptocurrencies: 9847
Active Market Pairs: 82578
Active Exchanges: 754
Total Exchanges: 8400
BTC: 62862.51$(0.03%/1H)
ETH: 3180.92$(0.24%/1H)
AVAX: 34.65$(-0.73%/1H)
BNB: 590.91$(0%/1H)
MATIC: 0.69$(-0.51%/1H)
FTM: 0.71$(-0.07%/1H)
ADA: 0.45$(-0.24%/1H)
DOT: 6.56$(0.04%/1H)
UNI: 7.62$(-0.24%/1H)
CAKE: 2.67$(-0%/1H)
SUSHI: 1$(-0.03%/1H)
ONE: 0.02$(-0.04%/1H)