Post
Topic
Board Bitcoin Discussion
Re: Saudi Aramco, world’s 3rd largest company, plans to start mining Bitcoin?
by
Caldear
on 02/08/2021, 03:43:37 UTC
Saudi Aramco's plan and interest does not prove that it will be implemented.
If large oil companies use the excess gas generated from oil extraction to mine Bitcoin, it can depress the profit of mining, so that miners do not use coal or other fossil fuels for mining, which is good for the environment and beneficial to the future development of Bitcoin.