Cuentas Announces West Texas Energy Recovery, Bitcoin Mining and Bitcoin Mobile Strategy

Cuentas announced a Power-as-a-Service and colocation agreement with Power Upp USA for a proposed West Texas Bitcoin mining operation using recovered oil-field methane gas. Phase 1 contemplates one containerized mining unit, 2.4 megawatts of contracted power and about 420 ASIC miners, projected to yield roughly 1.5 BTC per month, or about $130,000 in revenue and up to $43,000 in profit. Phase 2 would scale to roughly 24 megawatts and 4,200 miners with projected revenue of about $1.3 million per month, but all figures are forward-looking and the company explicitly cautions that no future production or profitability is guaranteed.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.