{"id":440741,"date":"2026-04-21T06:44:36","date_gmt":"2026-04-21T13:44:36","guid":{"rendered":"https:\/\/climatescience.press\/?p=440741"},"modified":"2026-04-21T06:44:38","modified_gmt":"2026-04-21T13:44:38","slug":"yorkshire-gas-field-to-launch-bitcoin-mining-pilot-using-early-flows-to-fund-development","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=440741","title":{"rendered":"Yorkshire Gas Field to Launch Bitcoin Mining Pilot Using Early Flows to Fund Development"},"content":{"rendered":"
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\"\"<\/figure>\n<\/div>\n\n\n

Reabold Resources (a UK-listed oil & gas investment company) has just received an Environment Agency licence to carry out limited (\u201cgentle\u201d) fracking and well workover at the West Newton A site near Hull. <\/p>\n\n\n\n

The field is one of the largest onshore gas discoveries in Britain in recent decadesReabold Resources (a UK-listed oil & gas investment company) has just received an Environment Agency licence to carry out limited (\u201cgentle\u201d) fracking and well workover at the West Newton A site near Hull. <\/p>\n\n\n\n

The field is one of the largest onshore gas discoveries in Britain in recent decades, with estimated resources of up to 8 billion cubic metres of gas \u2014 theoretically enough to meet roughly a tenth of the UK\u2019s annual gas demand if extracted all at once (though real-world recovery rates and production profiles mean the actual contribution would be spread over years and smaller).<\/p>\n\n\n\n

Instead of immediately piping the gas into the national grid, Reabold is exploring a pilot project: build a small on-site gas-fired power station using the initial flows of gas after the upcoming workover. That electricity would power a Bitcoin mining data centre.<\/p>\n\n\n\n

Bitcoin mining is being positioned as a quick-revenue, flexible first step \u2014 not the permanent, exclusive fate of the entire field.<\/em><\/strong><\/p>\n\n\n\n

_____________________________________________________________________________________<\/p>\n\n\n\n

Giant Yorkshire Gas Field \u2018To Mine Bitcoin Instead of Boosting British Energy\u2019<\/strong><\/p>\n\n\n\n

Reabold Resources plans to build data centre powered by West Newton field near Hull<\/strong><\/p>\n\n\n\n

A giant new natural gas field in Yorkshire is to be exploited for mining Bitcoin rather than boosting Britain\u2019s energy supplies. The Telegraph<\/a> has the story.<\/em><\/strong><\/p>\n\n\n\n

Reabold Resources has been awarded a licence to carry out \u201cgentle\u201d fracking in the West Newton field near Hull, which is estimated to contain up to eight billion cubic metres of gas.<\/p>\n\n\n\n

That would be enough to meet more than a tenth of the UK\u2019s annual needs and makes it one of the largest onshore fields discovered in Britain, with the potential to bolster energy security<\/a> for years to come.<\/p>\n\n\n\n

However, Reabold instead plans to construct a small gas-fired power station on the site and use the energy produced to \u201cmine\u201d Bitcoin.<\/p>\n\n\n\n

\u201cA private gas supply means we can run a data centre to mine Bitcoin relatively cheaply,\u201d said Sachin Oza, the co-chief executive of Reabold Resources, which has just been given a drilling licence by the Environment Agency.<\/p>\n\n\n\n

\u201cInitially, this would help fund the further development of the gas field and prove the concept \u2013 meaning it could become the precursor to a far larger data centre.\u201d<\/p>\n\n\n\n

The scheme has angered environmental groups opposed to new gas fields and fracking in particular.<\/p>\n\n\n\n

It is also likely to raise questions in the Government after the war in Iran prompted fears of fuel shortages<\/a> in the UK.<\/p>\n\n\n\n

Bitcoin mining is one of the most energy-intensive of all digital activities. A power station would need to burn around 150,000 cubic metres of gas \u2013 the volume of 50 Olympic swimming pools \u2013 to generate the electricity needed to create one Bitcoin.<\/p>\n\n\n\n

Reabold\u2019s West Newton gas field is so large that it could theoretically power the creation of 50,000 Bitcoins.<\/p>\n\n\n\n

Alternatively, it could help provide gas for the whole of the UK. The drilling site lies within a couple of miles of National Gas\u2019s transmission pipeline and so could easily be connected.<\/p>\n\n\n\n

Lorraine Inglis, a leader of an anti-fracking campaign group in southern England, said: \u201cThe West Newton permit exposes everything that is wrong with the UK\u2019s current approach to energy and climate. A new onshore gas field in 2026 is fundamentally at odds with our climate commitments.<\/p>\n\n\n\n

\u201cUsing that gas to power Bitcoin mining is not energy security or any genuine public benefit but the deliberate burning of fossil fuels for one of the most energy-intensive and socially questionable activities at a time of high bills and missed climate targets.\u201d<\/p>\n\n\n\n

Ed Miliband, the Energy Secretary<\/a>, imposed a ban on full-scale fracking last year. The process involves injecting high-pressure water laden with chemicals into rock to create cracks through which gas can flow.<\/p>\n\n\n\n

The ban emerged after a fracking operation near Blackpool generated a series of minor earthquakes.<\/p>\n\n\n\n

Read the full story here<\/a>.<\/em><\/strong><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Reabold Resources (a UK-listed oil & gas investment company) has just received an Environment Agency licence to carry out limited (\u201cgentle\u201d) fracking and well workover at the West Newton A site near Hull. The field is one of the largest onshore gas discoveries in Britain in recent decades, with estimated resources of up to 8 billion cubic metres of gas \u2014 theoretically enough to meet roughly a tenth of the UK\u2019s annual gas demand if extracted all at once (though real-world recovery rates and production profiles mean the actual contribution would be spread over years and smaller). 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