Union Jack Oil’s gas-to-BTC shift boosts US crypto mining
The block reward mining industry is witnessing a quiet revolution, with innovative energy solutions reshaping how digital assets are produced. A lesser-known but significant development emerged on August 7, when United Kingdom-based Union Jack Oil announced a pioneering “oil-to-crypto” project at its West Newton gas field in East Yorkshire.
By partnering with Texas-based 360 Energy, the company plans to convert stranded natural gas into electricity to power BTC mining operations, marking…
