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Winklevoss Capital invests in a company that wants to use excess natural gas to power cryptomining

Messari

May 7, 2019 ⋅  1 min read

Crusoe Energy Systems Inc. provides flare mitigation services and is developing mobile modular data centers for crypto mining, The Block reports. Crusoe raised $4.5 million in seed round funding led by Bain Capital Ventures, which also included Winklevoss Capital Management. Crusoe plans to transform excess natural gas into electrical power and set up small data centers near well-sites for mining.

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