LOW-DEBIT HYDROCARBON FIELDS AS A LOCAL POWER SOURCE FOR BITCOIN MINING IN KARAKALPAKSTAN

Authors

  • Kazbek Radjovich Jaksimuratov

DOI:

https://doi.org/10.5281/zenodo.21718585

Keywords:

low-debit hydrocarbon field; stranded gas; distributed power generation; Bitcoin mining; gas engine; operational availability; Karakalpakstan; Besqala Mining Valley.

Abstract

This article develops a Field-to-Hash screening method for evaluating the conversion of gas
from low-debit, depleting, and transport-isolated hydrocarbon fields into electricity for Bitcoin mining. The
proposed method integrates sustainable gas flow, generator efficiency, Power Usage Effectiveness (PUE),
ASIC efficiency, and annual operational availability. A 10 MW power plant requires approximately 54.5–65.8
thousand m³ of natural gas per day and can support approximately 606 PH/s of computing capacity before
accounting for downtime. The proposed methodology provides a practical preliminary appraisal tool for the
development of Besqala Mining Valley projects.

Author Biography

Kazbek Radjovich Jaksimuratov

PhD, Department of Finance and Financial Technologies
Karakalpak State University named after Berdakh

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Published

2026-07-01