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Author: Admin | 2025-04-28
Oil is, the better for shale oil producers. The more shale oil is produced, the more natural gas needs to be flared. Good for Bitcoin miners that want to do that.Oil prices impact BTC only indirectly but are expected to stay rather high in the near future.Shale oil production will probably rise throughout the next year.Mining BTC with flared natural gas is a potential gold mine for miners, with positive effects for the general public. Several big companies are looking into it, and mining with flared gas will likely only grow bigger in the future.BTC mining is an underestimated and little explored way to monetize energy that would usually go to waste. Even the Bitcoin community itself seems to be still learning about how impactful mining really could be.We'll look at the potential impact of BTC mining with non-rivalrous energy and its impact on the power grid in a future article.This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.This article is intended to be used and must
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