November 22, 2024

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Iran court orders the release of seized crypto mining equipment

1 min read
Iran court orders the release of seized crypto mining equipment

Iranian authorities

On the flip side, Denver-based Crusoe Energy aims to help Oman, a gas-rich Middle Eastern country, cut down on gas flaring — the burning of natural gas associated with oil extraction.

Crusoe Energy announced plans to open up a pilot project in Muscat, Oman, to repurpose the gas flaring energy into powering mining computers. This initiative will aid Oman’s goal of zero-gas flaring by 2030.