BITCOIN MAGAZINE
Oil And Gas Giant Shell Signs Two-Year Sponsorship With Bitcoin Magazine
November 10, 2022 — 11:49 am EST
Written by Bitcoin Magazine
forShell (NYSE: SHEL), one of the world’s largest oil and gas companies, has signed a two-year partnership with Bitcoin Magazine to sponsor the 2023 and 2024 Bitcoin Conferences.
Representatives from Shell will speak on the mining stage about improving the energy costs of bitcoin mining using the company’s own lubricant and cooling solutions.
Shell announced last August that it would be expanding into immersion cooling solutions to fuel its data centers. In the release, Shell explained that data centers, such as those used to mine bitcoin, account for 1% of global energy consumption, of which one-third of that comes from cooling solutions.
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