An Updated Look at Energy Companies’ Bitcoin Mining Entry

April 28, 2022, 12:00PM EDT

• 13 min read

Quick Take

  • Several companies with deep energy backgrounds became publicly traded bitcoin mining firms in 2021.
  • They have successfully scaled up the operations over last year with ongoing expansion plans across the U.S.
  • In this piece, we take an updated look at their mining strategies and growth so far and how they catch up with industry incumbents.

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