'Green Bitcoin Mining': The Big Profits in Clean Crypto
This story appears in the August/September 2021 issue of Forbes Magazine.
This story appears in the August/September 2021 issue of Forbes Magazine.
Ernst & Young LLP (EY US) is pleased to announce the winners of the Entrepreneur Of The Year® Mountain Desert Region Award. Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies. The Mountain Desert Region program celebrates entrepreneurs from Arizona and Colorado. This group of audacious entrepreneurial leaders was selected by an independent judging panel made up of previous award winners and other business leaders. The Mountain Desert Region award winners were unveiled during a special virtual celebration on July 28, 2021 to honor and celebrate these business leaders who test the limits of the possible and find ways to catapult us from now to next and beyond.
Cited by: DRW Venture Capital (investor)
Hunter Lowe, a 27-year-old electrician from Tennessee, was working for around $10 an hour in his home state and supporting a family of three when he decided to move to North Dakota and look for a new job.
DENVER -- Crusoe Energy, the locally based energy and technology innovator founded by two Kent Denver graduates, has announced plans to grow its Denver headquarters, expanding their footprint and creating 286 new high-paying jobs in Colorado. The company, founded in 2018, currently has 58 employees, 20 of whom are in Colorado.
On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity.
Crusoe has reduced flaring by over 1 billion cubic feet since inception and has the potential to reduce greenhouse emissions by the equivalent of hundreds of thousands of cars
The two founders of Crusoe Energy think they may have a solution to two of the largest problems facing the planet today — the increasing energy footprint of the tech industry and the greenhouse gas emissions associated with the natural gas industry.
Cryptocurrency[1] has become increasingly popular since the creation of the first cryptocurrency, Bitcoin, in 2009. In the years following the creation of virtual currency, federal agencies and federal courts have struggled to maintain consistency in how cryptocurrency should be classified and regulated. In the meantime, interest in the cryptocurrency market has only increased, which has led to some innovative crypto-related technology being used in the oil and gas industry.
Springtime is coming to the North American cryptocurrency mining industry. With access to robust capital markets, cheap power, a stable political climate and increasing participation of technological innovators, industrial-grade mining operations are burgeoning in the United States and Canada, providing competition to Chinese mining pools that now control more than half of the world’s hashing power.