Olenox Mines 15.63 Bitcoin in August, Eyes Low Power Costs

Olenox Industries Inc., an energy and infrastructure company, has released its August operating update, revealing that it mined approximately 15.63 Bitcoin in August 2026.

The company achieved an average operational hashrate of around 1.03 exahashes per second across its mining-pool accounts, representing about 67% of the fleet's economic capacity. This is attributed to seasonal heat-related curtailment and low-power-mode operation at the company's Texas hosting operations.

Olenox's installed fleet consists of 9,584 S21-class ASIC miners with approximately 35 megawatts of installed capacity and around 2.19 exahashes per second of nameplate computing power. The fleet operates at a blended hardware efficiency of about 16 joules per terahash.

The company is targeting power costs below $0.02 per kilowatt-hour for its planned gas-powered digital infrastructure, which was not represented in the August operating results.