Wyoming Project Turns Flared Gas into Bitcoin Power and Emissions Cuts

Compass Mining, a provider of Bitcoin mining infrastructure, has launched its first off-grid natural gas-powered mining site in Wyoming in collaboration with 360 Energy. The 3.3-megawatt (MW) facility, operational as of September 2025, utilizes older-generation hardware such as the Antminer S19-series to extend the lifecycle of underutilized equipment. This initiative aligns with Compass Mining’s strategy to expand its geographic footprint and diversify energy sources, positioning off-grid solutions as a key component of its institutional-grade offerings Compass Mining Partners With 360 Energy on Off-Grid Site in Wyoming to Repurpose Wasted Natural Gas^[1]. The project is part of a broader industry trend to monetize stranded natural gas, with global flaring reaching 150 billion cubic meters in 2024. By repurposing wasted gas, Compass Mining aims to address evolving economic challenges in Bitcoin mining while reducing emissions Compass Mining Partners With 360 Energy on Off-Grid Site in Wyoming to Repurpose Wasted Natural Gas^[1].

The partnership leverages 360 Energy’s Apex gas offtake system, which converts stranded, flared, or uneconomic natural gas into reliable power for energy-dense computing. This approach not only captures stranded gas but also enhances oil production and creates new revenue streams for energy operators. Chris Alfano, CEO of 360 Energy, emphasized that the collaboration demonstrates how Bitcoin mining can directly benefit oil and gas companies by reducing emissions and providing uncorrelated income. The project is one of several efforts to integrate advanced computing with traditional energy production, a strategy 360 Energy describes as central to its mission of helping operators “earn more and flare less” Compass Mining Partners With 360 Energy on Off-Grid Site in Wyoming to Repurpose Wasted Natural Gas^[1].

Compass Mining’s off-grid initiative builds on its existing on-grid operations and expands its portfolio of directly managed facilities. The company’s vertical integration strategy aims to strengthen its infrastructure capabilities while addressing the industry’s need for cost-effective, scalable solutions. Karoon Mackenchery, Senior Director of Mining Services at Compass Mining, highlighted that the Wyoming site serves as a testbed for new operational models, which the company plans to replicate across additional locations. This expansion is expected to enhance Compass Mining’s appeal to institutional clients seeking diversified, low-cost mining infrastructure Compass Mining Partners With 360 Energy on Off-Grid Site in Wyoming to Repurpose Wasted Natural Gas^[1].

The project’s success is tied to broader developments in Wyoming’s energy sector, including state-funded initiatives to repurpose stranded gas and reduce emissions. For example, the Wyoming Energy Authority’s Energy Matching Funds have allocated $36.4 million to 11 projects in 2025, many of which focus on carbon capture and gas monetization. While Compass Mining’s site does not directly receive such funding, it aligns with Wyoming’s strategic focus on leveraging its natural resources for economic and environmental benefits. The state’s regulatory environment, which has expedited approvals for coal and gas projects under recent administrations, further supports the viability of off-grid mining ventures .

The partnership underscores the growing convergence of Bitcoin mining and energy innovation. By repurposing wasted gas, Compass Mining and 360 Energy address two critical challenges: the industry’s reliance on volatile energy markets and the environmental impact of gas flaring. This model could gain traction as oil and gas companies seek to offset declining demand for fossil fuels by monetizing byproducts. The Wyoming project also highlights the role of technology in bridging traditional energy sectors with digital asset production, a shift that could redefine the economics of both industries Compass Mining Partners With 360 Energy on Off-Grid Site in Wyoming to Repurpose Wasted Natural Gas^[1].

Compass Mining, which operates 20 hosting facilities and manages 5.9 exahash of hashrate, positions itself as a leader in decentralized Bitcoin mining infrastructure. Its collaboration with 360 Energy reflects a strategic pivot toward off-grid solutions, which it views as essential for maintaining profitability amid fluctuating energy prices. The company’s mission to “make Bitcoin mining accessible to everyone” is reinforced by its focus on repurposing older hardware and reducing entry barriers for institutional clients Compass Mining Partners With 360 Energy on Off-Grid Site in Wyoming to Repurpose Wasted Natural Gas^[1].