According to Bitcoin Exchange Guide on December 9, Crusoe, headquartered in Denver, USA, will use excess natural gas to convert into electricity to power data centers and earn additional income through Bitcoin "mining".

▲via Bitcoin Exchange Guide

Information shows that Texas currently has a large amount of excess natural gas, and relevant personnel can simply burn the excess natural gas, but the greenhouse gases produced by doing so exacerbate global warming.
Crusoe, an American energy company, has come up with a way to not waste natural gas by converting excess natural gas into electricity, which is then used to power "data centers," which then earn revenue through Bitcoin "mining." It is understood that the company has already opened eight such companies in the United States and plans to open 30 more in the first half of 2020.
Alex Urdea, chief investment officer of Upper90 Capital Management LLC, said this is a very creative way to solve environmental and economic problems in the oil and gas industry. The company will provide Crusoe with $40 million in project financing. He also said that this approach has also attracted the interest of large natural gas and oil producers. (IT Home)

Bitcoin usage continues to surge in Nigeria despite government warnings

The Central Bank of Nigeria (CBN) has warned that Bitcoin and digital currencies are not legal tender, but Nigerians seem to be unfazed.
Bitcoin Adoption Rises Despite Warnings from APEX Bank, Senate In its December 2019 edition of The Nigeria Banker, the Chartered Institute of Bankers in Nigeria (CIBN) highlighted how Bitcoin is thriving in Nigeria despite the country’s central bank’s anti-crypto stance.
According to its report on digital currencies, the CBN also announced that digital currencies are not legal tender, with the naira being the only legal tender amid concerns about the use of other digital currencies that are changing the global payment ecosystem.
Not just the CBN, the Nigerian Senate has also tried its best to try to get the crowd off the track of Bitcoin and cryptocurrencies. However, people are not really settled with the disappointing government institutions and the persistent economic disparity.
According to the latest report from the Financial Times, it has been six months since Muhammadu Buhari took office as Nigeria's president for the second time, but he still: Nigeria's economy is in decline.
The combination of weak economic growth and a rapidly growing population means that GDP per capita has been falling during Buhari's tenure. Despite some progress in the fight against the Islamist terrorist group Boko Haram, the security situation remains shaky. Clashes between herders and sedentary farmers affect large parts of the country. Crucially, Buhari's reputation for personal integrity has not translated into a noticeably more efficient (or honest) state.
Citizens therefore choose to place their faith in a form of currency that, while unregulated, guarantees absolute financial freedom.
BTC is very popular in Nigeria A few months ago, Bitco reported on the results of a study collected by Binance’s research arm wr. on the popularity of Bitcoin around the world. An analysis of BTC’s Google search popularity ranking by country between 2011 and September of this year showed startling results.
Since 2011, Bitcoin has become popular in several countries and regions including Northern Europe, Russia, New Zealand, the United States, Germany, the United Kingdom, Singapore, and Hong Kong. But since 2017, Nigeria and South Africa have been in the spotlight as global “BTC hotspots.” So much so that these two countries have maintained their top rankings, meaning that most people are aware of this cryptocurrency.
This must have prompted Binance to list Nigeria’s fiat currency, the Naira, as the first fiat-crypto pair on its platform.TWITTER boss Jack Dorsey is keeping an eye on the growth of cryptocurrency in Africa.
Jack Dorsey, CEO of Square and Twitter, is aware of the rise of Bitcoin and cryptocurrencies on the African peninsula. That’s why he announced plans to move to the continent to live for an extended period of time to understand the challenges of starting a company there.
During his visit, he was seen actively participating in local Bitcoin meetups in Ghana, where Bitcoin is gaining surprising traction as a viable form of currency.
Jack Dorsey shows us where he’s headed:
1. He attended a local BTC meetup in Africa
2. His CashApp plan is to provide banking services to the unbanked nationwide, with 40% penetration in economically depressed areas
3. He is hiring cypherpunks & core developers. This could be an opportunity for his payment company to take over and strengthen the African crypto scheme. (Toutiao)