We transform stranded gas into new revenue streams for O&G operators. We do this by mining bitcoin.
What We Do
Merkle Mountain monetizes gas in stranded and shut-in midstream sites through sourcing and facilities management.
Acquisition Targeting
Identifying & Assessing Energy Sources Found Anywhere
Treasury Management
Holding Bitcoin Securely in Treasury
Facilities Management
Managing End-to-End: From Sourcing to Operating
Energy Management
Earning Credits & Achieving Net-Zero Status
“We founded Merkle Mountain Mining to discover and harness new energy economics to maximize hashpower, secure the bitcoin network and contribute to the world’s new money and energy future.”
Blake Burris, CEO, Merkle Mountain Mining
“We founded Merkle Mountain Mining to discover and harness new energy economics to maximize hashpower, secure the bitcoin network and contribute to the world’s new money and energy future.”
Blake Burris, CEO, Merkle Mountain Mining
The Merkle Model
We partner with natural gas producers to convert uneconomic wells and flare or vent gas to electricity for powering mining operations.
Sourcing Supply
via Network
Efficient Power
Generation
Targeting 5 to 50
MW Capacity
American
Made
Long-Term
HODL
The Merkle Model
We partner with natural gas producers to convert uneconomic wells and flare or vent gas to electricity for powering mining operations.
Sourcing Supply
via Network
via Network
Efficient Power
Generation
Generation
Targeting 5 to 50
MW Capacity
MW Capacity
American
Made
Made
Long-Term
HODL
HODL
Why it Works
Bitcoin mining beats Henry Hub spot price every time.
Bitcoin mining operations powered by natgas have out-performed in netback vs Henry Hub spot price historically. The price of bitcoin would have to drop below $8,000 to under-perform the average Henry Hub spot price.
Bitcoin mining provides a hedge to O&G commodity prices.
We merge extensive O&G expertise with deep bitcoin mining capabilities to shield and protect operators in today’s macro-economic climate. Bitcoin mining increases present value (PV) by realizing commercial sales sooner, in curtailment situations.
By creating additional revenue streams from stranded and captive assets, Merkle helps operators mitigate risk of prolonged shut-in or stranded assets. Our approach provides a potential hedge to nat-gas prices and creates optionality to hold bitcoin as an asset.
Bitcoin OGs Meet O&G
The Merkle Mining team has 75 years of experience in O&G and 10 years in bitcoin—including energy marketing, trading and transport, energy management, electricity generation and derivative finance.
Oil and Gas Experience
75+ Years
Bitcoin Experience
10+ Years
Mining Bitcoin
on Natural Gas
7+ Years
Major Gas
Production Footprint
Landman Network
Stranded Gas
Access
200+ MW Natural Gas
Vendor Relationships
ASIC Rigs &
Mining Infrastructure
How a Bitcoin Mining Operation Works at the Wellhead:
- O&G operator supplies gas for powering reciprocating gen sets to produce electricity
- Containers location on the pad site house mining rigs which generate bitcoin hashrate (terahashes)
- Mining operation receives daily bitcoin (BTC) production in exchange for hashrate.
- JV partners receive pro-rata distributions based on equity ownership
- The remainder of mined BTC is held over the lifespan of the project for realizing BTC appreciation gains
Contact
Merkle Mountain
Contact our team to learn how we can help you transform stranded gas into revenue.