Union Jack Oil eyes Bitcoin as a backdoor to unlock West Newton gas

union-jack-oil-eyes-bitcoin-as-a-backdoor-to-unlock-west-newton-gas
Union Jack Oil eyes Bitcoin as a backdoor to unlock West Newton gas

Union Jack Oil is betting that converting gas into Bitcoin hashrate could generate early cash flow from its West Newton field, where 200 billion cubic feet of gas remains untapped due to bureaucratic delays. In an operations update issued August…

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