According to Block Space reports, Halliburton, the world's second-largest oilfield services company, has invested in Austin startup 360 Energy, entering the Bitcoin mining sector.
360 Energy (also known as 360 Mining) has joined Halliburton Labs' collaborative ecosystem as part of its energy technology accelerator program. Additionally, Halliburton Labs has become an equity investor in the company. This collaboration aims to enhance off-grid mining capabilities and expand the application of 360 Energy's on-site computing technology.
The Texas-based company specializes in converting stranded and flared natural gas into power for modular Bitcoin mining data centers.
