DALLAS, Might 4, 2021 /PRNewswire/ — EZ Blockchain helps Silver Vitality, the Texas-based main oil and fuel service supplier, with the groundbreaking new resolution to fuel flaring and monetization of stranded pure fuel with the assistance of Bitcoin mining.
The Set up
EZ Blockchain put in the primary cellular knowledge middle full of MicroBt Whatsminer crypto mining tools on the web site of a Silver Vitality shopper in Alberta, Canada in February 2021.
Consequently, the challenge dimension reached virtually 1MW of energy consumption, all of which is processed from 250 MCFd of stranded pure fuel utilizing a fuel electrical generator. The challenge set up took three days and the info facilities had been totally operational by March 2021.
Joel Gordon, Silver Vitality president and CEO, stated: “We have had the privilege of working with EZ Blockchain during the last 12 months. Their help in getting our mine up and working was invaluable, saving us numerous hours and maximizing uptime. Since begin up, we have now been capable of lean on their staff 24/7 to assist with mine optimization and troubleshooting. They’re a trusted associate in our mining operations.”
Silver Vitality made it their mission to “bridge the hole” between know-how and oil area manufacturing practices. When it got here to resolving fuel flaring, nevertheless, the business has waited a long time and not using a viable resolution.
Silver Vitality reached out to EZ Blockchain with the intention to offer the EZ Smartbox cellular knowledge facilities and associated administration providers to their oil area shoppers as an answer to fuel flaring and stranded fuel as a brand new revenue stream.
“Immediately oil and fuel producers are implementing Bitcoin mining within the oil area as part of their ESG coverage extra usually. Bitcoin mining’s monumental energy consumption can resolve environmental issues brought on by fuel flaring and leaking wells. Since Silver Vitality is an oil and fuel service firm, it was a pure symbiosys for EZ Blockchain to work with them,” stated Sergii Gerasymovych, co-founder and CEO of EZ Blockchain.
About Silver Vitality
Silver Vitality was based in Dallas, Texas and supplies oil area providers to grease and fuel producers throughout North America. With larger tech adoption within the oil and fuel markets, Silver Vitality represents the services that present particular and vital achieve to shopper oil fields. Learn extra about Silver Vitality on their web site https://silverenergy.com/
About EZ Blockchain
EZ Blockchain began in 2017 and relies out of Chicago, IL. The corporate is a full-service crypto mining facility administration firm that builds and operates bodily infrastructures for blockchain-based mining, which has positioned the group to develop sustainable vitality options from a singular vantage level using flared fuel, stranded fuel to energy technology. Learn extra about EZ Blockchain and their tasks and investments on their web site https://ezblockchain.net/
SOURCE EZ Blockchain