This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Marathon Digital Holdings may be in exploratory talks with Exxon Mobil and Saudi Aramco to colocate Bitcoin mining units at oilfields, leveraging flare-gas for power. If confirmed, this partnership could revolutionize gas-to-Bitcoin operations while addressing ESG concerns. Marathon’s CEO has hinted at discussions with major energy companies, signaling potential scalability.
- Marathon's flare-gas Bitcoin mining pilot in Texas has demonstrated viability, using stranded shale gas and earning methane abatement credits.
- Exxon's prior collaboration with Crusoe Energy diverted 18 million cubic feet of gas monthly, cutting CO₂-equivalent emissions by up to 63%.
- Regulatory momentum, including the U.S. methane emissions fee and Texas bills, is pushing oil producers to monetize flare-gas via Bitcoin mining.
📎 Related coverage from: cryptoslate.com
Related Tags: Bitcoin