Crypto
UK\'s Reabold Resources draws fire over plan to mine bitcoin using gas field, says not a pivot
UK energy investor Reabold Resources is considering installing bitcoin mining equipment powered by gas produced from the West Newton A well in Yorkshire, Coindesk and The Block reported. The company says the idea is a pilot to test using on-site gas as a power source for data centres, not a shift in its core business. Critics question using gas for mining amid energy-supply uncertainty, while environmental groups oppose new gas development and fracking.
