The state of Texas just keeps one-upping itself when it comes to embracing digital currencies. After recently unveiling one of the United States’ first Bitcoin ATMs and a candidate for governor accepting bitcoins in his campaign, a new oil and gas data provider in the Lone Star State has begun accepting Bitcoin.
Oilfield Intel LLC, a provider of oil and gas data based in Austin, Texas, will begin accepting bitcoin via the American-based digital wallet, Coinbase. The company is billed as “the newest provider of production, drilling permit, lease ownership, and pipeline information for the oil and gas industry,” focusing mainly on North American production.
