Halliburton invests in bitcoin mining company 360 Energy
Halliburton ($HAL), the world's second-largest oilfield services company, has invested in bitcoin mining company 360 Energy through its research and development department. This is a collaborative move between oil and gas companies and bitcoin miners to utilize stranded gas, turning it into an energy source for cryptocurrency mining. ⛏️
### 🌐 Overview:
- 💡 This collaboration allows oil and gas companies to utilize excess gas instead of wasting it, while also opening new opportunities for the bitcoin mining industry.
- 🌍 This model could become a trend as oil and gas companies seek to reduce costs and achieve sustainable growth in the cryptocurrency sector.
- 💼 This is a clear example of traditional industries merging with new technology to scale up and increase economic value.
