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Blockchain and cryptocurrency media covering and exposing the practical application development on the blockchain industry and undiscovered coins.

British Oil Producer Pioneers Bitcoin Mining Using Natural Gas: Union Jack Oil’s West Newton Initiative

2025-08-08

Main Points: 1. Introduction Union Jack Oil plc, a UK-listed oil and gas exploration and production company, announced on August 7, 2025, that it plans to harness natural gas from its West Newton discovery to power Bitcoin (BTC) mining operations. With the field’s estimated recoverable reserves at around 200 billion cubic feet, this initiative aims to transform what would otherwise be vented or flared gas into a revenue-generating asset. The

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