We help Oil & Gas producers increase the profitability of their assets through participation in the Bitcoin network. You will find our musings on the subject here.
The path to increased profitability created by producers and miners joining forces is very straightforward. Bitcoin miners use gas that is stranded, wasted, or underutilized/undervalued at some point in the natural gas value chain to drive their cost of electricity generation toward $0.
Here is a sampling of GAM coverage from around the web.
Tom Masiero of GAM gives an update from his Bitcoin mining endeavors across Shale Play USA. Tom explains how the Bakken's marketplace has been created due to regulations whereas in Texas capitalism still exists, for now.
Cedric Dahl speaks to GAM's Marty Bent on mining Bitcoin on the oil field.
Although some believe bitcoin mining is a wasteful activity, on today’s show we dig into the relative world of constant fuel production, lumpy demand and bitcoin-based load balancing.
Matthew D'Souza, Wolfie Zhao, Christopher Bendiksen: Bitcoin Mining Panel
Episode 152 - Oil prices & Service companies with Tom Masiero and Rete Browning of Great American Mining
We will keep you up to date on the latest news in the Bitcoin Mining industry, with special attention to its application within the Oil & Gas Industry.