Arkose Energy Corp. was founded in 2002 and is headquartered in Texas, It is focused on real world mining operations and utilises digital data mining solutions to fulfill its environmental commitments. One of its key focuses is on reducing flare gas and mitigating emissions by converting its oil and gas production into electricity to power its own data centers for cryptocurrency mining.
The company offers a range of services to the energy sector, including engineering, construction management, and fabrication of modular skids for various applications like test separators and gas scrubbers. It also defines itself as a data mining company, leveraging its energy production to power digital asset mining operations. This vertical integration is intended to create a more efficient and environmentally conscious approach to both energy production and cryptocurrency mining.
Arkose Energy utilises the Hedera network to bring transparency and verifiability to its operations. Data from its energy production and digital mining activities is processed through the Hedera Consensus Service. This creates an immutable and auditable log, allowing stakeholders to verify the company's emissions reduction efforts and the provenance of its energy usage for mining.
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