Reabold Resources is considering a gas-powered Bitcoin mining pilot at its West Newton site in northern England to demonstrate how its gas reserves could support future data centre operations.
The company said the initial mining project would help finance development of the gas field while serving as a proof of concept for a larger computing infrastructure buildout.
“A private gas supply means we can run a data centre to mine bitcoin relatively cheaply,”
Said Reabold co-CEO Sachin Oza.
The proposal has drawn criticism amid concerns about U.K. gas supply, particularly given geopolitical tensions affecting global energy markets.
However, the UK government has said supply risks are limited, noting domestic and diversified sources reduce reliance on imports.
Reabold maintains the project will prioritise national energy security, with bitcoin mining acting as an interim use case before scaling into broader data centre and computing services.
The move reflects a wider trend in the mining sector, where firms are increasingly pivoting toward high-performance computing and AI infrastructure beyond cryptocurrency production.
At the time of reporting, Bitcoin price was $75,615.87.