In Adams County, this novel mashup of old-school legacy fossil-fuel extraction and futuristic digital-currency creation is a bit too new — at least for now.
Hyoung Chang, The Denver Post
“Operators are required to update their site plan with the COGCC if they introduce new equipment that substantially changes the location,” she said. “Also, operators must file a gas capture plan if the operator changes the disposition of the gas.” He gets that it’s ecologically preferable to more cleanly burn natural gas in a generator than to flare it at the wellhead, Maxey said, but the county still needs to make sure it’s being done in accordance with its land use rules, oil and gas regulations and building codes.
in northern Colorado four years ago. The network, known as Third Creek, served dozens of smaller energy producers in Adams, Arapahoe, Denver and Elbert counties, providing a crucial link between wells and buyers.Ed Ingve of Renegade Oil and Gas Co. stands near a Bitcoin mining data canter in Elizabeth, Colorado, on Friday, July 15, 2022.
Ingve admits that a contractor he was doing business with had failed to stop cryptocurrency operations at his Adams County wells but that he has since disassembled the data center and the generators. But he’s not done mining bitcoin. The site is in a vast field east of the metro area. Ingve asked that its specific location not be made public.
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