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Turning Gas to Bitcoin

July 1, 2021

“We’re focused on aligning all of those computing resources with the future of the climate and the future of the planet.”

Chase Lochmiller, Crusoe Energy

Sometimes when I hear about something that seems strikingly unusual, I remark, “Wait – WHAT???”  When I learned about Colorado-based Crusoe Energy it was one of those moments and I was curious to learn more.   Chase Lochmiller, an MIT grad with a background in plasma physics and data science, and co-founder Cully Cavness with a background in oil and gas and geothermal energy, put their skills together to create a way to convert wasted and polluting natural gas “flaring” to power Bitcoin mining.  Creative, inventive, and now well a well-funded and fast-growing company.

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