UK Gas Firm Faces Pushback Over Plans to Mine Bitcoin

UK Gas Firm Faces Pushback Over Plans to Mine Bitcoin

UK Gas Firm Faces Pushback Over Plans to Mine Bitcoin Price data byDecryptNewsBusinessUK Gas Firm Faces Pushback Over Plans to Mine BitcoinReabold Resources faced criticism for plans to use a gas field to mine Bitcoin, but said serving U.K. energy demand remains its main focus.By Logan HitchcockEdited by Andrew HaywardApr 20, 2026Apr 20, 20263 min readBitcoin mining. Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Reabold Resources is "exploring the potential" to use its new gas field site to power a Bitcoin mining operation. The firm initially received pushback after The Telegraph reported it would mine Bitcoin instead of contributing to U.K. energy needs. Shares in the firm, which traded on the London Stock Exchange, jumped more than 7% on Monday. Reabold Resources, a U.K.

Source: https://decrypt.co/364944/uk-gas-firm-faces-pushback-plans-mine-bitcoin