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Elite Mining Inc. Can Now Capture Flare and Stranded Gas Due to New Partnership With AXP Energy Limited

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Press Release

updated: Aug 30, 2021 05:00 PDT

Elite Mining Inc. (EMI) — recently named one of the top five blockchain startups reducing energy requirements — aims to revolutionize how cryptocurrencies are mined by using clean energy at scale. Elite Mining Inc.’s recent partnership with AXP Energy Limited will allow the company to capture flare and stranded gas to expand its mining operations to remote locations throughout the United States. 

Stranded gas, according to the U.S. Department of Energy (DOE), is gas that is wasted or unused in a natural gas field due to either economic or physical limitations. A joint DOE and National Technology Lab report stated that the largest volume of flaring is taking place in the Bakken Shale of North Dakota because of the lack of availability of pipeline infrastructure….

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