Allied Energy Corp signs definitive agreement with Enerhash USA for flare gas crypto mines
Oil and gas company Allied Energy has signed a definitive agreement with Enerhash USA and River Energy Group to develop flare gas-powered crypto mines.
The initial development for this project will be at Allied’s Thiel Well in Texas. This will include a 1MW site in its first phase, to grow to 3MW by the end of 2023. According to the companies, the Thiel Well site will serve as a ‘base model’ for the planned 20MW flare-gas project across Texas. In the MoU, the companies set aspirations for mining capacity as high as 100MW. Read More..
