
07 Aug 2025
Reabold Resources - Bitcoin mining to provide early cash flow at West Newton
Rathlin Energy (Reabold 79.8%) has entered into a non-binding Letter of Intent (LOI) with 360 Energy Inc, a natural gas offtake and monetisation solutions provider to evaluate the potential use of produced gas from the West Newton field to generate on-site electricity to power crypto mining activities. The use of natural gas from West Newton to mine for bitcoin has the potential to provide early production and cash flow in advance of the planned full field development, and further enhances the v ....

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Reabold Resources - Bitcoin mining to provide early cash flow at West Newton
Reabold Resources plc (RBD:LON) | 0.1 0 0.0% | Mkt Cap: 5.86m
- Published:
07 Aug 2025 -
Author:
James McCormack | James Midgley -
Pages:
3 -
Rathlin Energy (Reabold 79.8%) has entered into a non-binding Letter of Intent (LOI) with 360 Energy Inc, a natural gas offtake and monetisation solutions provider to evaluate the potential use of produced gas from the West Newton field to generate on-site electricity to power crypto mining activities. The use of natural gas from West Newton to mine for bitcoin has the potential to provide early production and cash flow in advance of the planned full field development, and further enhances the v ....