Can marathon digital interests in exploratory conversations with Exxon Mobil and Saudi Aramco to color Bitcoin-Mijnbouwing units on oil fields, tapping flare gas for electricity directly?
Crypto Twitter thinks it’s possiblyAnd if confirmed, the partnership could attack the scale and legitimacy of gas-to-bitcoin activities, as a result of which waste methane changes a monetized digital asset and at the same time tackling ESG problems.
Marathon Stock Pumper Cryptoclepto thinks“It is more likely that at least one of these scenarios will take place in the next 6 to 12 months for $ Mara.”
Although none of the companies has formally announced a deal, Marathon CEO Fred Thiel shed over “discussions with some of the largest energy companies in the world” The profit call of MayAdding that “chunks of flare gas generation” will soon be online where we can implement our Bitcoin mining activities.
The timing is in line with the announcement of Aramco’s May 2025 of 34 new mous with American companies and follows the earlier pilot of Exxon with Crusoe Energy in North Dakota.
Pilot proven, ready to scale
Marathon does not start all the way again. At the end of 2024, it launched A 25-megawatt pilot in Texas with the help of stranded shale gas, in which grid competence is avoided and at the same time eligible for credits for methane reduction. “The AI boys are willing to pay almost every price for energy,” Thiel told Reuters. “By bringing crypto-minus to the rough food, we can avoid that fight.”
The mobile, plug-and-play infrastructure of the company is tailor-made for oil fields. These portable modules otherwise use wide-spreading methane, which is then used to minimize Bitcoin, a process that demonstrated Exxon and Crusoe by scale by distracting 18 million cubic foot gas per month and cutting CO₂ equivalent emissions with a maximum of 63%.
Saudi Aramco has previously refused Any intention to reclaim Bitcoin. In 2021 the company called such reports ‘false and inaccurate’.
However, the Thiel van Marathon recently claimed that the company has 4-5 Gigawatt excess capacity, a scale that could feed tens of thousands of mining installations. If even a small part were to be diverted, this would exceed the total output of many independent crypto facilities.
In the meantime, Exxon has the institutional memory and the data of his two-year-old Crusoe pilot, which could make a new company with a marathon less speculative than it seems.
Why now? A confluence of pressure and opportunities
The legal momentum is building behind the scenes. An American methane emission law kick in this year under the inflation reduction law, so that oil producers are pushed to find ways to reduce or earn their emissions. Flare-Gas-Mijnbouw offers a low-capex, high-upside path to compliance, in particular in combination with carbon offset markets.
Furthermore, accounts in Texas have been specifically approved to encourage bitcoin -mining with flare gas.
At the same time, Bitcoin mini workers are struggling after the April 2025 halving with compressed margins. Marathon, one of the largest listed players in the industry, produced 950 BTC in May, but must now strive for aggressive sub-$ 0.03/kWh energy sources to remain competitive. Flare gas, as soon as a fringe energy input, could be a post-drying lifeline.
Skepticism remains justified. No SEC files, public agreements or official comments confirm the Exxon or Aramco partnerships. Given the denial of Aramco, any attitude in attitudes would probably allow for months of infrastructure structure and reputation calculus.
If Oliemajors Greenlight Bitcoin-Mijnbouw at the well head, will the flare gas conversation shift from “Can it work?” To “How fast can it be scaled?” Marathon, with its turnkey modules and Wall Street -footprint, can be the first in line.
What to view
- Public archives or Mous from Exxon, Aramco or Marathon that confirms pilot collaborations.
- Energy regulator responses to flare gas extraction in the midst of the outgrowth of methane costs.
- Q3 production -updates: the energy costs of marathon and BTC yield per site.
- Community pushback around noise and emissions from Marathon’s Texas Flare site.
“You will find a mix of thermal, a mix of wind, solar energy and some flare gas. It really depends on the market and the partner.
We are in discussion with some of the largest energy companies in the world that have a mix of all those energy sources and nuclear.
With regard to Flare gas, there are many gas activa all over the world that are very applicable to this method …
And what I think you will see us doing more and more in the future is if we continue to work with oil and gas producers in particular, you see chunks of this generation of the Flare Gastype coming online in different parts of the world where we can use our Bitcoin activities, as a way to earn that stranded gas. And we are super enthusiastic about those opportunities. “
Fred Thiel, Marathon CEO
This story is developing. CryptoSlate will update as more details come to the fore.
