Asset Optimization Technology 

EnDev Digital LLC offers businesses, Tribal Nations, municipalities and economic development organizations the means to optimize existing energy assets through the creation of digital energy.  Harnessing this energy to power on site data centers creates a unique opportunity to monetize stranded and excess gasses that would otherwise go unused or flared.

How a Wellhead BTC Mining Operation Works:

  1. O&G operator supplies gas for powering on-site generators that produce electricity to power computers referred to as Application Specific Integrated Circuits (ASICs).
  2. Containers are located on the pad site to house the ASICs.
  3. The ASICs are programed to solve the Bitcoin algorithm for confirming valid blocks to the BTC Blockchain under the SHA-256 protocol created by the U.S. National Security Agency (NSA).  This is BTC Mining.
  4. Mining operations receive a BTC Reward in exchange for contributing to the security and confirmation of BTC Blockchain transactions.
  5. EnDev mining partners receive pro-rata distributions based on equity ownership in the project.
  6. The BTC is stored in a digital wallet and can be converted to fungible capital at the discretion of the owner.

 

 

Natural Gas Wellhead BTC Mining Schematic

The lease site operation requires a small footprint for installing ASICs Containers ( data center) alongside natural gas generators. 

The energy management controls and automation are located within the containers alongside the ASICs. 

An inlet meter is set at the Genset which serves as the custody transfer point for natural gas.

A digital wallet is established to allocate BTC to owners.