Oil Giant Shell Makes Move Into Bitcoin Mining Industry
One of the largest oil and gas companies in the world, Shell, aims to offer its lubricant and cooling solutions to Bitcoin (BTC) miners. As per the announcement, the conferences will be attended by Shell representatives who are set to speak on the mining stage about improving the energy costs of bitcoin mining with Shell’s lubricant and cooling solutions.
Darin Gonzalez, US immersion cooling lead at Shell Lubricants, said that this company aims to provide carbon reduction alternatives to its customers, adding that “one of the most important benefits of immersion cooling fluid is sustainability and renewable energy.”. Shell is a global group of energy and petrochemical companies headquartered in London, which includes a United States-based wholly-owned subsidiary, Shell USA.
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