According to Techub News and reported by Block Space, Halliburton, the world's second-largest oilfield services company, has invested in Austin-based startup 360 Energy, entering the Bitcoin mining sector.
360 Energy (also known as 360 Mining) has joined Halliburton Labs' collaborative ecosystem as part of its energy technology accelerator program. In addition, Halliburton Labs has also become an equity investor in the company. This collaboration aims to enhance off-grid mining capabilities and expand the application of 360 Energy's on-site computing technology.
This Texas-based company specializes in converting stranded and flared natural gas into power for modular Bitcoin mining data centers.
