Currently, natural gas is in high demand from Bitcoin miners and AI data center operators. Mohamed El-Masri, managing partner of Hodler Investments and CEO of PermianChain, a tokenized energy trading platform, believes that recovering energy from natural gas combustion could be a $16 billion business opportunity.
He said that most of the current demand for natural gas can be met by converting natural gas (a stranded energy) produced by natural gas combustion into convertible energy for mining operations and high-performance computing. El-Masri said: "The world burns 147,000,000,000 cubic meters of natural gas each year, and if this natural gas is sold to the market, the potential sales revenue or cash flow could be equivalent to $16 billion per year."
El-Masri explained: "It turns out that the valuation of natural gas for Bitcoin mining or the equivalent price per MCF or MMBtu is 12 times higher than any metric used by countries." Converting idle energy into financial assets highlights the power of crypto mining and RWA tokenization in promoting sustainable development. (Cointelegraph)