Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are ...

Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are ...

In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a large number of well sites, a recent report shows that roughly a half dozen Colorado oil and gas companies are leveraging gas-to-bitcoin flare mitigation systems and these firms are raking in a lot of bitcoin. Report Shows at Least a Half Dozen Colorado-Based gas and Oil Firms Are Leveraging Gas-to-Bitcoin Mitigation Solutions On August 29, 2022, the Colorado Sun author Mark Jaffe reported on Colorado-based gas and oil companies teaming up with bitcoin....


Related News

Flare Finance Brings DeFi to XRP, LTC, and DOGE

Decentralized finance is seen as the next big thing in the cryptocurrency market. However, several top cryptocurrencies are unable to be a part of DeFi and bring value to their holders. This could change very soon as Flare Finance will launch its product on Flare Network. Leveraging the Flare Network, Flare Finance is expected to bring smart contract functionality to XRP, LTC, and DOGE coin making that fully programmable money. Flare Finance DeFi Products Flare […]

Flare Finance to Integrate XDC Across All Products

In a massive development, Flare Finance has announced that XinFin Network’s native token XDC will be integrated across all its products. Flare Finance will list XDC against all its F-Assets which at this point in time include FDOGE, FXRP, FADA, FALGO, FLTC, FBCH and FXLM. With FlareWrap integration, XDC would be bridged to Flare Network, […]

Flare Finance Announces Partnership with XinFin Network

Flare Finance has announced a partnership with XinFin Network which could be one of the most significant events of crypto space in 2021. While a lot has been spoken about interoperability and bridging communities, Flare Finance is on the way to becoming the epicentre of communities. With this partnership, Flare Finance and XinFin Network would […]

Flare Raises $11.3M in New Investment Round

Flare, the blockchain network running on the Federated Byzantine Agreement (FBA) consensus mechanism, has raised $11.3M in its latest fundraising round. Contributions to Flare came from a slew of prominent names in crypto including Digital Currency Group, Coinfund, Kenetic Capital, LD Capital, cFund, Borderless Capital, Wave Financial, and Backend Capital. Angel investors who participated in […]

XRP’s DeFi Moment? On-Chain Numbers From Flare Tell A Different Story

Momentum around XRP may be entering a new phase as emerging on-chain data shows a growing activity within its broader ecosystem. Recent metrics from Flare, a network designed to bring smart contract functionality and DeFi capabilities to assets like XRP, suggest that decentralized finance participation tied to the network could be gaining traction.  What The […]