Natural Gas Power
Mining Cost Model

Revealing the physics behind 3.29 and its economic impact.

Core Conclusion

The One Metric That Matters

3.29 represents the natural gas volume required to generate 1 MWh at 100% Efficiency.

Unit: mcf

"Derived from physical constants. Not an estimate."

How is "3.29" Calculated?

01

Energy Density

1 mcf ≈
1.037 MMBtu
02

Heat Rate

1 MWh =
3.412 MMBtu
03

Result

3.412 ÷ 1.037
= 3.29

Quick Formulas

Formula 1

Gas Volume per 1000 kWh?

3.29 ÷ Efficiency
Formula 2

Fuel Cost per 1000 kWh?

Price × (3.29 ÷ Efficiency)

Interactive Calculator

$3.50
$1.00 $/mcf $10.00
40%
Low (20%) High (65%)

Gas Volume (mcf)

3.29 ÷ Eff
--
$

Fuel Cost / MWh

--
$ / MWh

Physical Constraint Curve

Physics strictly follows y = 3.29/x

Cost Sensitivity

Low efficiency amplifies high gas prices.

Scenario Comparison

Current Price: $3.50

Scenario Eff Vol (mcf) Cost ($)

Investment Essence

"Gas for 1000 kWh
= 3.29 ÷ Efficiency"

Gas Price

Just an Amplifier

Efficiency

The Core Variable

1 / 9