Texan bitcoiners start mining in Argentina, where peso is in freefall

KEY POINTS

• Giga Energy, based in Houston, has teamed up with Exa Tech and Phoenix Global Resources to mine bitcoin in Argentina.
• The province of Mendoza is home to the world’s second-largest shale gas reserve.
• At the small pilot site, Giga is turning otherwise wasted methane gas into energy that’s used to power bitcoin mining rigs.

Rest of article on CNBC - https://www.cnbc.com/2024/03/26/texan-bitcoin-miner-giga-partners-with-phoenix-global-in-argentina.html