What is flare gas mining?
Flare gas mining is generating electricity from natural gas that an oil well would otherwise burn off, and using it to mine Bitcoin at the well site.
How it works
Generators and containerized machines are moved to the well. The gas runs the generators, and the mine moves on when the gas runs down.
Why it matters
It gives stranded gas a buyer where no pipeline exists, and burning gas in an engine destroys methane more completely than a flare does.
Related terms
All terms: the Bitcoin mining glossary.
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