CeraPhi
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GeothermalWell-Constructed Solution: Geothermal to Power Bitcoin Mining
The mining of cryptocurrency, or bitcoin, is an energy-intensive process, and entrepreneurs are looking at several technologies—including innovative geothermal energy techniques—to power their operations. Among the latest is a service from a California-based renewable energy group, RenewaBit, which has joined with CeraPhi Energy, a Houston, Texas-based company, to produce geothermal energy with integrated crypto mining […]
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Press Releases
RenewaBit and CeraPhi Energy Make Oil & Gas Well End-of-Life Profitable with ‘GreenFlash’ Service Retrofitting Wells to Produce 100% Baseload Geothermal Energy with Integrated High Yield Crypto Mining Offtake
SAN DIEGO, California (February 8, 2022) – RenewaBit, Inc. and Houston Based CeraPhi Energy, LLC announced today their GreenFlash service that retrofits oil and gas wells to produce 100% clean geothermal energy with integrated crypto mining offtake that seamlessly commercializes produced energy at ultra-high yield prices. The GreenFlash service solves the key financial and environmental […]
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