Bitcoin Miners Shift to Natural Gas in Bid for Efficiency and Integration
KryptoByte has proposed a natural gas-focused and flexible power model for Bitcoin mining.
According to data from the Cambridge Centre for Alternative Finance, Bitcoin mining consumes approximately 138 TWh of electricity annually, with natural gas representing about 38.2% of the energy mix.
The report notes that coal's share has declined to under 9%, indicating a shift in the fuel profile used by digital asset computing.
KryptoByte suggests that this computing load is structurally interruptible, allowing miners to curtail power usage during peak demand periods and support grids accordingly.
This combination of high energy use, location flexibility, and interruptibility enables mining operations to be sited directly at energy sources, including otherwise stranded resources.