Petroleum Company Plans to Install 1 Million Bitcoin Miners

Bitcoin Magazine

Nevada-based Black Rock Petroleum Company has entered into agreement with Optimum Mining Host to deploy and operate up to 1 million Bitcoin mining machines.

The miners would be hosted in Alberta and sourced from China, per a press release issued in July but that this week received new attention from the CBC, Canada’s largest public media company.

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Black Rock’s proposed mining operation would span three natural gas producing sites located in Alberta. The first 200,000 machines would be deployed at the Quirk Creek Gas Plant, a recently announced planned acquisition by Black Rock. The firm has planned to allocate 300,000 machines to a second site in Alberta, with the remaining 500,00 allotted to a third site yet to be identified.

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