PANews
PANews|Apr 21, 2026 00:17
[UK Natural Gas Investment Firm Reabold Resources Considers Bitcoin Mining, Sparking Controversy] According to CoinDesk, UK natural gas investment firm Reabold Resources is considering establishing a natural gas-powered Bitcoin mining station at the West Newton A drilling site in northern England as a pilot project for future data center development. The company stated that Bitcoin mining could help fund further development of the gas field and serve as a proof of concept for larger-scale data center operations. Reabold's co-CEO noted that private natural gas supplies enable them to operate data centers for Bitcoin mining at relatively low costs. Local media reported that the gas field is massive, theoretically capable of mining 50,000 Bitcoins.
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