Petroleum Company Plans to Install 1 Million Bitcoin Miners

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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.

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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