Bitcoin mining operations in Texas using natural gas have gained traction as a profitable alternative for oil and gas producers dealing with stranded gas or limited market access.
Recent data highlights that in Texas, selling natural gas through traditional pipelines often yields less than $2 per thousand cubic feet (mcf) due to market dynamics.
By comparison, mining Bitcoin with older mining hardware, such as the S19j Pro or M30s+, can generate approximately $5 per mcf, showcasing a significant value increase of over 120% when utilizing gas directly onsite for mining instead of conventional sales.
The operational strategy behind using natural gas for Bitcoin mining involves mobile data centers or generators that convert gas into electricity to power mining equipment.
This method not only boosts revenue but also offers a practical solution to managing flared or excess gas, aligning with environmental and regulatory needs.

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