DALLAS, May 4, 2021 / PRNewswire / – EZ Blockchain Supports Silver Energy, the Texas– leading oil and gas service provider, with the revolutionary new solution for gas flaring and monetization of stranded natural gas using Bitcoin mining.
EZ Blockchain installed the first mobile data center filled with MicroBt Whatsminer crypto mining equipment at a Silver Energy customer’s site in Alberta, Canada in February 2021.
As a result, the size of the project has reached almost 1 MW of power consumption, which is fully processed from 250 MCFd of stranded natural gas using a gas-fired electric generator. The installation of the project took three days and the data centers were fully operational by March 2021.
Joel gordonSaid the President and CEO of Silver Energy: “We have had the privilege of working with EZ Blockchain over the past year. Their support in getting our mine up and running has been invaluable, saving us countless hours and maximizing uptime. Since the start-up, we have been able to count on their team 24/7 to help with the optimization and troubleshooting of the mine. They are a trusted partner in our mining operations. ”
Silver Energy’s mission is to “bridge the gap” between oilfield technology and production practices. However, to solve the gas flaring problem, the industry has waited decades without a viable solution.
Silver Energy has approached EZ Blockchain with the intention of providing EZ Smartbox mobile data centers and associated management services to their oilfield customers as a solution to flaring and stranded gas as a new revenue stream.
“Today, oil and gas producers more often implement Bitcoin mining in the oilfield as part of their ESG policy. The huge energy consumption of Bitcoin mining can solve environmental problems caused by gas flaring and leaky wells. Since Silver Energy is an oil and gas service, it was a natural symbiosis for EZ Blockchain to work with them, ”said Sergii Gerasymovych, co-founder and CEO of EZ Blockchain.
About Silver Energy
Silver Energy was founded in Dallas, Texas and provides oilfield services to oil and gas producers across North America. With greater adoption of technology in the oil and gas markets, Silver Energy represents the products and services that bring specific and significant gain to customers’ oil fields. Learn more about Silver Energy on their website https://silverenergy.com/
About EZ Blockchain
EZ Blockchain started in 2017 and is based on Chicago, IL. The company is a full-service crypto mining facility management company that builds and operates physical infrastructure for blockchain-based mining, which has positioned the group to develop sustainable energy alternatives from a point of view. single view using flared gas, stranded gas to power generation. Learn more about EZ Blockchain and their plans and investments on their website https://ezblockchain.net/
SOURCE EZ Blockchain