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TechFlow news, August 7 — According to NLNico, Union Jack Oil and Reabold Resources plan to use stranded natural gas at West Newton for Bitcoin mining through 360 Energy.
Union Jack Oil sees this as part of its future Bitcoin reserve strategy. Reabold Resources believes mining offers a higher return on investment compared to directly purchasing Bitcoin.
According to NLNico, Union Jack Oil and Reabold Resources plan to use stranded gas at West Newton for Bitcoin mining through 360 Energy. Union Jack Oil sees this as part of its future Bitcoin reserve strategy, while Reabold Resources believes mining offers a higher return on investment compared to directly purchasing Bitcoin.
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