Mendell Helium PLC - Further re Bitcoin mining & Update on Fort Dodge
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Mendell Helium PLC - Further re Bitcoin mining & Update on Fort Dodge
Mendell Helium to Drill Gas Well to Power Bitcoin Treasury Mining
In this exclusive StockBox interview, we catch up with Nick Tulloch, CEO of Mendell Helium, to discuss a bold strategic move—drilling for methane in Nebraska specifically to power off-grid Bitcoin mining.
🔑 Key Highlights:
Mendell is drilling a low-cost methane well (under $100K) to launch a dedicated Bitcoin mining operation.
The gas is 94% methane, 950 BTU, requiring no processing—ideal for efficient and scalable mining.
This is part of a broader integrated strategy to build a Bitcoin treasury alongside helium production, marking a shift from "season one" (buying BTC) to "season two" (mining it).
Nick outlines how the Nebraska field could support thousands of wells, powering modular mining setups across the region—and how Mendel is weighing partnerships, leasing, or outright equipment ownership to scale fast.
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