Klever
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
  • Login
  • Register
Klever News
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
Klever News
Home Global
Gazpromneft, third-largest Russian oil company, partners with BitRiver to mine Bitcoin

Gazpromneft, third-largest Russian oil company, partners with BitRiver to mine Bitcoin

In a partnership with BitRiver, a bitcoin mining company, Gazpromneft, Russia's third-largest oil company, will mine bitcoin with excess resources.

by Warren Manuel
June 20, 2022
in Global, Opinions
Reading Time: 2 mins read
3k
A A
0
Share on FacebookShare on Twitter

Russian third-largest oil producer Gazpromneft has entered the bitcoin mining industry. With the help of a bitcoin mining company BitRiver, Gazpromneft will deliver energy resources to new and remote oilfields.

US authorities sanctioned BitRiver previously for reportedly assisting Russians in circumventing sanctions. Gazpromneft, Russia’s third-largest oil company, is partnering with bitcoin mining company BitRiver to establish mining operations at oil fields, according to a memorandum from the St. Petersburg International Economic Forum.

You might also like

K5: a bright future ahead with the community being the biggest inspiration 

K5: a bright future ahead with the community being the biggest inspiration 

February 3, 2023
7.3k
Klever is your go-to DeFi solution 

Klever is your go-to DeFi solution 

February 1, 2023
7.3k

BitRiver will work with Gazpromneft on developing data centers for receiving energy from remote mining organizations at either new oil fields with no infrastructure or remote sites with high transport costs.

“Over the next two years, BitRiver intends to implement projects to create its own data centers for power-intensive computing with power scaling up to 2 [gigawatts], including [petroleum gas], which will additionally provide high and stable power consumption.”

BitRiver CEO Igor Runets is quoted as saying.

Interesting enough, BitRiver is not new to Russian business. In April, the Treasury Department sanctioned BitRiver adding the company to its Office of Foreign Asset Control (OFAC) list for aiding “Putin’s brutal war of choice.”

Although BitRiver and Gazpromneft’s partnership is innovative, they were not the first companies to take this approach. It was reported in March that Exxon Mobil, the largest oil company in the United States, was piloting Bitcoin mining operations. There were reported plans to reduce further the company’s burned gas, or flared gas.

In a similar move, bitcoin mining company Crusoe Energy plans to move generators and equipment to Muscat, Oman in the Middle East in order to capture flared gas and reduce emissions.

Tags: bitrivergazpromneftoilrussia
Previous Post

Vueling becomes first low-cost airline in Europe to accept crypto payments

Next Post

KLV Mainnet Migration is coming

Warren Manuel

Warren Manuel

As the Head of Marketing for Klever, I use my digital marketing and development skills to help grow the brand across many different channels, expanding the brand's reach, generating leads, and helping improve conversions, and repeat business.

Related Stories

K5: a bright future ahead with the community being the biggest inspiration 

K5: a bright future ahead with the community being the biggest inspiration 

by Maluh Bastos
February 3, 2023
0
7.3k

Klever K5 Wallet’s launch has been the buzz in the last few days. The new and improved Klever Wallet app...

Klever is your go-to DeFi solution 

Klever is your go-to DeFi solution 

by Maluh Bastos
February 1, 2023
0
7.3k

The DeFi world is growing fast. Therefore, having a trustable and effective platform to navigate this universe can help users...

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

by Maluh Bastos
January 31, 2023
0
7.3k

KleverChain’s launch in 2022 was one of the biggest accomplishments for the Klever Ecosystem.  Klever’s very own blockchain is bringing...

Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

by Warren Manuel
January 30, 2023
0
7.3k

The integrity of democratic voting systems is crucial for the functioning of a healthy democracy. In recent years, there has...

Next Post
KLV Mainnet Migration is coming

KLV Mainnet Migration is coming

K4 to K5, Klever Wallet leaps forward

K4 to K5, Klever Wallet leaps forward

Please login to join discussion
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recommended

Ethereum

Coin of the Week: Ethereum (ETH)

November 14, 2021
7.5k
Tron (TRX)

Coin of the Week: Tron (TRX)

May 19, 2022
7.5k

Popular Story

  • Stand a chance to win your share of 10,000 KLV

    Stand a chance to win your share of 10,000 KLV

    8335 shares
    Share 3334 Tweet 2084
  • Test drive Klever Wallet, K5 and Win 1000 KLV & 1 KFI

    7021 shares
    Share 2808 Tweet 1755
  • Bitcoin battles back from record losses to $21,000

    5914 shares
    Share 2366 Tweet 1479
  • Klever showcases its blockchain ecosystem on a Time Square billboard

    5358 shares
    Share 2143 Tweet 1340
  • K5 adds new blockchain and KleverSafe support in the latest Android version

    5070 shares
    Share 2028 Tweet 1268

Follow us on Twitter

Klever News

Join the Klever community
Growing together we are stronger.
Be sure to follow us on social media to stay up to date.

Categories

  • Announcements
  • Coin of the Week
  • Education
  • Exchange
  • Games
  • Global
  • Hardware Wallet
  • Market Updates
  • NFTs
  • Opinions
  • Sponsored
  • Wallet
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recent News

K5: a bright future ahead with the community being the biggest inspiration 

K5: a bright future ahead with the community being the biggest inspiration 

February 3, 2023
Klever is your go-to DeFi solution 

Klever is your go-to DeFi solution 

February 1, 2023
  • Sponsored Content
  • Advertise
  • Contact Us
  • RSS Feed

© 2022 Klever News - Premium Crypto news & insights by Klever Finance.

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version