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Bitcoin mining container eliminates stranded gas problem

Summary

Location

Alberta, Canada

Power connection

Natural Gas Generator

Footprint

1 fully-loaded EZ Tank 600

1 EZ Tank 300

Power consumption

0.9 MWs

Site power capacity

28,000 MCF of gas (roughly 4MW of power)

Time from idea to fully operational site

Sept 2020 - March 2021

Installation time

6 days
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Process

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In details

Benefits

Asset monetization of stranded gas

Revenue diversification through Bitcoin

Additional jobs created

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Objective

Oil services company needed a solution to offer clients a better way to monetize their stranded natural gas.

Challenges

Silver Energy’s clients are oil and gas fields across North America. The company targeted one site in Alberta, Canada to install the EZ SmartTanks, where temperature extremes were a foreseeable challenge.

Solutions

EZ Blockchain deployed two mobile data center solutions, the EZ Tank 600 and EZ Tank 300. Both were equipped with frequency drive regulators to lower fan speed during the cold hours.

Conclusion

The company has decreased their operational costs and eliminated a problem of stranded gas, which otherwise needed to be vented or flared. Silver Energy has now partnered with EZ Blockchain to provide stranded gas solutions to its clients.

A new model has been defined that, once scaled, will future-proof and reshape the oil and gas industry.

Testimonial

We’ve had the privilege of working with EZ Blockchain over the last year. Their support in getting our mine up and running was invaluable, saving us countless hours and maximizing uptime. Since start up we have been able to lean on their team 24/7 to help with mine optimization and troubleshooting. They are a trusted partner in our mining operations.

 

Joel Gordon
Silver Energy Services