According to PANews, Halliburton, the world's second-largest oilfield services company, has invested in the bitcoin mining company 360 Energy through its R&D department.
360 Energy has joined Halliburton Labs' 'collaborative ecosystem' and is part of its energy technology accelerator program.
Additionally, Halliburton Labs has become an equity investor in 360 Energy. 360 Energy is headquartered in Austin, Texas, and operates bitcoin mining infrastructure with a capacity of 285 million terahashes at local oil well sites, using stranded or flared natural gas to mine bitcoin.