BitgasPower's profile picture. On-site crypto mining turns natural gas into Bitcoin, bypassing costly LNG systems and long transmission lines to monetize energy efficiently in Alberta,Canada

Bitgas Power

@BitgasPower

On-site crypto mining turns natural gas into Bitcoin, bypassing costly LNG systems and long transmission lines to monetize energy efficiently in Alberta,Canada

Alberta spot gas is currently priced at CAD $1.75 per GJ. With a generator efficiency of 3.5 kWh per cubic meter and a gas heating value of 38 MJ/m³, each GJ produces approximately 93 kWh of electricity. This results in a fuel cost of roughly CAD $0.019 per kWh.

BitgasPower's tweet image. Alberta spot gas is currently priced at CAD $1.75 per GJ. With a generator efficiency of 3.5 kWh per cubic meter and a gas heating value of 38 MJ/m³, each GJ produces approximately 93 kWh of electricity. This results in a fuel cost of roughly CAD $0.019 per kWh.

Bitcoin mining uniquely monetizes natural gas value with far greater efficiency than traditional LNG export projects. While LNG delivered into Asia currently clears around USD $9/GJ (CFR), Bitcoin mining can convert the same gas stream directly into digital value on-site,…

BitgasPower's tweet image. Bitcoin mining uniquely monetizes natural gas value with far greater efficiency than traditional LNG export projects. While LNG delivered into Asia currently clears around USD $9/GJ (CFR), Bitcoin mining can convert the same gas stream directly into digital value on-site,…

Alberta Natural Gas gets recovered and back to above CAD$1.00/GJ

BitgasPower's tweet image. Alberta Natural Gas gets recovered and back to above CAD$1.00/GJ

Alberta Natural Gas price in Sept 2025

BitgasPower's tweet image. Alberta Natural Gas price in Sept 2025

Alberta experienced four consecutive days of negative natural gas prices, with rates fluctuating between -$0.85 and -$1 per gigajoule as of September 26, 2025 . Analysts attribute this situation to several overlapping factors: a ramp-up in production associated with LNG Canada…


The best combination:Gas 2x 250kw Genset+90 x S21e hydro Bitcoin miner.All in one, in Alberta now

BitgasPower's tweet image. The best combination:Gas 2x 250kw Genset+90 x S21e hydro Bitcoin miner.All in one, in Alberta now

Alberta Gas spot price was almost zero on Sept 15 gasalberta.com/gas-market/mar… While Bitcoin Mining monetizes Gas price to USD$12/GJ

BitgasPower's tweet image. Alberta Gas spot price was almost zero on Sept 15

gasalberta.com/gas-market/mar…

While Bitcoin Mining monetizes Gas price to USD$12/GJ

Hut 8, the largest Crypto Mining Site in Medicine Hat,Alberta, next to a large Natural Gas Power Plant

BitgasPower's tweet image. Hut 8, the largest Crypto Mining Site in Medicine Hat,Alberta, next  to a large Natural Gas Power Plant

Maga energy, the leading oil and gas producer in Alberta Crypto Mining empowered by Strand Gas.

BitgasPower's tweet image. Maga energy, the leading oil and gas producer in Alberta Crypto Mining empowered by Strand Gas.

Bitcoin Mining can monetize strand gas at USD$ 11.64/GJ by ASIC miner S21e Hydro while Alberta National Gas is struggling at CAD$1.00/GJ. This price is better than international gas price at USD 3.25/GJ and LNG CFR Asia at USD$8.0/Gj

BitgasPower's tweet image. Bitcoin Mining can monetize strand gas at USD$ 11.64/GJ by ASIC miner S21e Hydro while Alberta National Gas is struggling at CAD$1.00/GJ. 

This price is better than international gas price at USD 3.25/GJ and LNG CFR Asia at USD$8.0/Gj

MWM-Tianjin Gas Genset with NOx emission reduction to meet 250mg/CBM of NOx

BitgasPower's tweet image. MWM-Tianjin Gas Genset with NOx emission reduction to meet 250mg/CBM of NOx

Sept 06 2025, Alberta Natural Gas Price is only 20% of International price at same time.

BitgasPower's tweet image. Sept 06 2025, Alberta Natural Gas Price is only 20% of International price at same time.

Loading...

Something went wrong.


Something went wrong.