Home CryptocurrencyUK Oil Company Union Jack has planned bitcoin with stranded gas

UK Oil Company Union Jack has planned bitcoin with stranded gas

by Hammad khalil
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Union Jack Country’s first “Oil-to-Crypto” mudification projects.

This step can be normally cash flow from wells that the wound is otherwise underdeveloped, the company said in an operation report on Thursday.

The project is being included in partnership with Rethalin Energy and Texas-based 360 energy, which converts stuck or flared gas into data centers on an on-shaped data center.

Under a non-bining letter of intentions, companies aim to deploy in-field computing techniques of 360 to start mining bitcoin directing on West Newton A site, subject to regulatory approval.

On being successful, the new project executive chairman David Brahmhal may also lead Jack to “start a new bitcoin treasury strategy”.

West Newton: Discovery but still uncontrolled

Union Jack Further Drilling is one of the largest onshore gas in Britain in the next years.

However, this site is in grip due to planning delay and regulator inaccuracy, which has slowed down the development of the infrastructure required to bring the gas to the market.

https://www.youtube.com/watch?v=xkvojawp688

Brahmhal said, “Regulatory uncertainty has obstructed unrighteous,” Bramhil said, projects such as West Newton have determined their commercial appeal with an assumption.

Inspired by the full scale approval and waiting for the infrastructure, the Union Jack planned to use gas on the gas for mining rigs, which generates initial revenue with relying on traditional development deadline.

“The box has been forced to think and develop on onshore developers and producers,” Brahmhal said. He described the proposed bitcoin mining venture as “innovative” and offered “strong scope for a permanent return”.

A change in how the energy is masked

Union Jack Oil mining initiatives are experimenting with many oil and gas firm bitcoin mining, which will be ruined or for flared gas.

Model gas is to be converted into electricity on the site and use it, use it in mining rigs, delays and costs of connecting grids or booking pipelines. Specific provisions like 360 Energy and Cruce are working on this approach modular and scalable.

The strategy is being deployed elsewhere. In the US state of North Dakota, Conocophilips started a pilot program to supply additional gas to bitcoin miners instead of provoking it.

In Argentina, the oil firm Tecpetrol started using the remaining gas from its drilling operation to run

And in June 2025, the Canadian company Agreefed began an operation in Alberta, with a plan to expand two more sites to give electricity to 120 bitcoin mining rigs with electricity.

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