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8/2, 7:45 AM (Source: TeleTrader)
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Aramco denies it has plans to mine Bitcoin

Saudi Arabia's oil giant Saudi Aramco denied on Monday reports suggesting that the company plans to start mining Bitcoin.

The oil company issued a statement explaining that the reports are "completely false and inaccurate."

A day before, the report hinted that Saudi Aramco might opt to start mining cryptocurrencies using natural gas, which is usually flared during the oil drilling and production process, for energy.

Breaking the News / BU