Just-In: Argentine Oil Giant Turns Gas Flares to Crypto Goldmine

Buenos Aires-based oil producer Tecpetrol has unveiled plans to mine cryptocurrencies using associated gas from its oil fields near Vaca Muerta. This initiative is set to commence between the end of October and the beginning of November. The company, a significant player in the oil and gas sector in Argentina and other LATAM countries, aims to convert associated gas into electricity to power mining rigs, thereby addressing environmental concerns related to gas flaring.