Verde Mining is a Texas-based company founded in 2023, headquartered in Midland, Texas, specializing in off-grid Bitcoin mining using flared, stranded, or sour natural gas from oil and gas operations. The company deploys mining sites on oil fields to convert wasted methane gas into electricity for Bitcoin production, reducing emissions while generating economic value for energy producers. Verde Mining offers consulting services and hands-on training courses (3-day on-site training started in January 2023) to teach aspiring miners and energy producers how to fully deploy and operate natural gas-powered off-grid Bitcoin mining sites, including equipment types (e.g., CAT G3412 generators, Upstream Data 360 kW units). They host monthly Midland Bitcoin MeetUp events for community networking and have achieved milestones like the first carbon credit generating site in the Permian Basin (via Verra Registry support). Verde Mining is led by experts like Paul Cockerham (mining engineer) and focuses on sustainability, flare reduction, and practical deployment. As of December 23, 2025, Verde Mining is active with training sessions, carbon credit initiatives, and community events.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




February 27, 2026 Bitcoin mining roundup: Network hashrate rebounds to 1.12–1.15 ZH/s amid new ASICs and expansions; Bitfarms confirms full pivot to AI/HPC by 2027; Bitdeer sells entire BTC treasury to fund AI growth; IREN records high production; Hut 8 secures $200M loan; Cipher emphasizes HPC shift; Soluna expands hosting; and more.

