Cuentas partners with Power Upp USA on West Texas methane-powered bitcoin mining project

Bitget2026/09/23 13:31

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Cuentas entered a Power-as-a-Service, colocation agreement with Power Upp USA for a proposed West Texas bitcoin mining operation.
Project targets onsite electricity from methane, associated gas tied to oilfield operations, aiming to lower power costs versus grid-based mining.
Phase 1 targets about 1.5 BTC monthly, about $130,000 revenue at average bitcoin price above $86,000, profit up to $43,000.
Phase 2 targets up to 24 megawatts, about $1.3 million monthly revenue, profit about $430,000, subject to staged deployment results.
Mining profits earmarked to subsidize Bitcoin Mobile wireless service through customer rewards, enhanced mobile services, cybersecurity, VPN.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cuentas Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609230930PRIMZONEFULLFEED9832516) on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cuentas partners with Power Upp USA on West Texas methane-powered bitcoin mining project

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