RE: Huge news16 Feb 2026 18:46
16/2/2026
11:22:35 As I've posted previously I'm a shareholder in Beacon, does that qualify me to express an opinion? Or are you the self appointed arbiter of who may or may not post? You seem broadly defensive of the company - perhaps you're closer to them than most? Perhaps you could ask them how they plan to produce gas at WN to make money when Oza has recently posted the following in reference to bit coin mining profitability."Grid power ($0.080.12/kWh): Hash cost ~$5070/PH/s ? Deep underwaterIndustrial tariff ($0.050.07/kWh): Hash cost ~$3550/PH/s ? Breakeven at bestFlare/stranded gas ($0.020.04/kWh): Hash cost ~$1525/PH/s ? ProfitableWellhead gas ($0.010.03/kWh): Hash cost ~$1020/PH/s ? Significant margin"So do they plan to sell gas at the equivalent of 1-3p per kWh rather than sell into the grid at market rates, currently about 5-8p per kWh. Is the bitcoin project only feasible if WN cannot flow at sustained rates to enable a grid connection? So may questions so few answers.
Kim ADVFN