Olenox Mines 15.63 Bitcoin in August, Aims for Lower Power Costs
Olenox Industries Inc. reported mining approximately 15.63 Bitcoin in August 2026, marking its second monthly operating update following its acquisition of CS Digital Ventures, LLC on May 28, 2026.
The company achieved an average operational hashrate of around 1.03 exahashes per second during the month across its mining-pool accounts, representing about 67% of its fleet's economic capacity. This was due to seasonal heat-related curtailment and low-power-mode operation at its Texas hosting operations.
Olenox's installed fleet consists of 9,584 S21-class ASIC miners with a total nameplate computing power of around 2.19 exahashes per second and an installed capacity of approximately 35 megawatts. The company operates at a blended hardware efficiency of about 16 joules per terahash.
The majority of Olenox's mining fleet is currently operated at third-party hosting facilities under profit-sharing arrangements, drawing power from the ERCOT electrical grid. The company aims to achieve power costs below $0.02 per kilowatt-hour for its planned gas-powered digital infrastructure, although this target was not reflected in its August operating results.