Saudi Aramco refutes Bitcoin mining rumors

Saudi Arabia’s state oil company Saudi Aramco has denied rumors that it plans to participate in Bitcoin mining, Report informs referring to the press release of the company.

“With reference to recent reports claiming that the Company will embark on Bitcoin mining activities, Aramco confirms that these claims are completely false and inaccurate,” reads the message.

Earlier, several media outlets specializing in cryptocurrency news reported that Saudi Aramco is interested in Bitcoin mining.