US Ambassador Marc R. Stanley applauds Unblock Computing's bitcoin mining plan using flared gas for electricity generation in Argentina.
The initiative is recognised for aiding Argentina's efforts to meet climate goals while promoting efficient energy use.
Unblock Computing, in partnership with Crusoe Energy Systems, receives a significant $15 million investment for its environmentally friendly mining operations.
Ambassador Stanley highlights the collaboration between US and Argentine companies in developing eco-friendly solutions.
The investment is projected to support Crusoe Energy Systems and partners in producing $200 million worth of oil with reduced emissions.