Blockchain mine at oil or gas facility
AssigneeUpstream Data Inc.
InventorStephen Barbour
Life of this patent
Estimating the term…
Abstract
Methods and systems of operating a blockchain mining device using natural gas produced at a hydrocarbon production, storage, or processing site/facility. A generator may be retrofitted to an existing prime mover used to pump the well, and the generator may be used to power the blockchain mining device. Portable mining devices may be hooked up to a casinghead gas supply at a remote, isolated oil facility. Power loading levels may be modulated by adjusting mining transaction levels to correspond with combustible gas production levels.
Claims25
A blockchain mining system connectable to a network that stores or has access to a blockchain database with transactional information for a digital currency, the blockchain mining system comprising:
- one or more generators connectable to a source of combustible gas to receive a continuous flow of combustible gas to power the generator;
- one or more step-down transformers connected to the one or more generators;
- and
- a blockchain mining device connected to receive power from the one or more generators and the one or more step-down transformers;
- in which:
- the blockchain mining device has a plurality of mining processors and is connected to a network interface;
- the network interface is configured to, in use, be connected to receive and transmit data through the internet to the network;
- and
- the plurality of mining processors are connected to the network interface and adapted to mine transactions associated with the blockchain database and to communicate with the blockchain database.
A blockchain mining method for mining transactions for a network that stores or has access to a blockchain database that stores transactional information for a digital currency, the blockchain mining method comprising:
- using a source of combustible gas to produce electricity, via one or more generators and one or more transformers, to operate a blockchain mining device in which:
- the generator is connected to the source of combustible gas to receive a continuous flow of combustible gas to power the generator;
- the blockchain mining device has a plurality of mining processors and is connected to a network interface;
- the network interface is connected to receive and transmit data through the internet to the network;
- and
- the plurality of mining processors are connected to the network interface and adapted to mine transactions associated with the blockchain database and to communicate with the blockchain database.
Dependencies are inferred from the claim text.