PANews reported on December 22 that according to Blockspace, Halliburton, the world's second largest oilfield service company, has invested in Bitcoin mining company 360 Energy through its R&D department. 360 Energy (also known as 360 Mining) has joined Halliburton Labs' "collaborative ecosystem" as part of its energy technology accelerator program. In addition, Halliburton Labs has become an equity investor in 360 Energy. 360 Energy is headquartered in Austin, Texas, and operates 285 quadrillion hashes of Bitcoin mining infrastructure at oil well sites in Texas, using natural gas that would have been stranded or burned to mine Bitcoin.