# First cryptocurrency mine in Colorado
**URL:** https://www.mineralrightsforum.com/t/first-cryptocurrency-mine-in-colorado/69514
**Category:** Colorado Mineral Rights
**Created:** [January 26, 2023, 4:43pm UTC](https://www.mineralrightsforum.com/t/first-cryptocurrency-mine-in-colorado/69514 "2023-01-26T16:43:50Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Paul\_Denney](https://www.mineralrightsforum.com/u/Paul_Denney)
#### Post date: [January 26, 2023, 4:43pm UTC](https://www.mineralrightsforum.com/t/first-cryptocurrency-mine-in-colorado/69514/1 "2023-01-26T16:43:50Z")
Fremont County, Colorado, home of the “Oldest, Continuously Producing Oil Field in the World,” Florence Oil Field, not since 1892 a significant part of the nation’s oil supply has a new first. The first cryptocurrency mine in Colorado. The Fremont Energy #2 Pathfinder began selling stranded gas to AXP Energy to generate electricity to run computers for “mining” cryptocurrency in August 2022. Since Florence Oil Field lacked an outlet for natural gas the _oil well_ had been shut-in for 10 years. Fremont is pleased with its new production.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [January 26, 2023, 8:20pm UTC](https://www.mineralrightsforum.com/t/first-cryptocurrency-mine-in-colorado/69514/2 "2023-01-26T20:20:12Z")
Mineral owners should watch and make sure they are getting paid on both the oil and the gas.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [April 26, 2023, 4:44pm UTC](https://www.mineralrightsforum.com/t/first-cryptocurrency-mine-in-colorado/69514/3 "2023-04-26T16:44:45Z")
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