BlockchainBaron
Mon Jul 15 2024
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6 answers
858
Is Aramco launching bitcoin mining?
Is Aramco, the giant Saudi Arabian oil company, really venturing into the world of Bitcoin mining? This seems like a remarkable shift in strategy, given their core business of oil extraction and refining. Are they really seeing the potential in cryptocurrency mining as a new revenue stream? What resources and expertise would they need to embark on such a journey? Could this potentially signal a broader trend in the energy sector, moving away from fossil fuels and towards renewable energy sources for mining? And most importantly, how would this affect the already volatile cryptocurrency market? These are just some of the questions that arise when considering the rumor of Aramco's potential foray into Bitcoin mining.
DavidJohnson
Sun Jun 09 2024
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6 answers
1526
What is the most profitable Saudi company?｜That paradise is largely paid for by . From fiscal 2016 through 2023, Aramco has posted an astonishing $722 billion in profits, more than any other company in the world over that span.Aramco
What would you say is the most lucrative Saudi company? Could you elaborate on the reasons behind its profitability? It seems remarkable that from fiscal 2016 to 2023, Aramco has generated an astounding $722 billion in profits, surpassing any other company globally during that timeframe. How does Aramco achieve such high profitability?
