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As the Bitcoin halving event nears, Texas-based Bitcoin mining company Giga Energy has taken a bold step forward, expanding its operations into Argentina. The firm aims to tap into Latin America’s vast resources of wasted energy from natural gas flaring.
This move marks a significant milestone for Giga Energy, according to co-founder Brent Whitehead, who shared the news on March 26 via LinkedIn.
Giga Energy Expands into Argentina
The process of gas flaring, a common practice in oil extraction, burns the excess methane gas on-site instead of releasing it into the atmosphere. Giga Energy has devised a sustainable solution by converting this excess gas into electricity to power its Bitcoin…
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