Denver startup turns oil well emissions into cryptocurrency, wins millions in VC

A Denver startup is creating cryptocurrency using the natural gas at oil wells, aiming to mint a fortune while eliminating most of the wells’ harmful air-polluting emissions. Oil companies, which often don’t have a way to sell natural gas from remote wells, reduce flaring of the gas into atmosphere, while the startup, Crusoe Energy Systems …A Denver startup is creating cryptocurrency using the natural gas at oil wells, aiming to mint a fortune while eliminating most of the wells’ harmful air-polluting emissions. Oil companies, which often don’t have a way to sell natural gas from remote wells, reduce flaring of the gas into atmosphere, while the startup, Crusoe Energy Systems …Read More