Olenox Industries (NASDAQ: OLOX), an integrated energy and infrastructure company, reported that its CS Digital Ventures operations mined approximately 15.03 Bitcoin in September 2026, achieving an average operational hashrate of 1.04 exahashes per second and 68% uptime. The results, which are preliminary and unaudited, reflect third-party hosted mining operations rather than the company's planned gas-powered infrastructure.
The mining activity was affected by seasonal power curtailments and reduced equipment speeds to protect miners from summer heat, with normal operating speeds expected to resume in November, subject to conditions. This operational update comes on the heels of Olenox's completion of the Wildboy and Odin acquisitions, which expand its energy platform and support its longer-term strategy of converting company-controlled natural gas into computing power at or near the point of generation.
The announcement is significant because it provides investors with the first glimpse of Olenox's Bitcoin mining output following its acquisitions, even as the company transitions toward its envisioned gas-powered infrastructure. By integrating energy production with digital asset mining, Olenox aims to reduce energy costs, monetize available gas resources, and expand into additional computing applications. This vertical integration could potentially lower the cost of Bitcoin production, making the company more resilient to price volatility in the cryptocurrency market.
Moreover, the September results underscore the challenges of seasonal power curtailments in the mining industry, which can impact output and uptime. Olenox's ability to maintain 68% uptime despite these hurdles demonstrates operational resilience, but the company's future success will depend on its ability to execute its gas-to-computing strategy. The Wildboy and Odin acquisitions are a key part of that plan, as they expand the company's energy platform and provide access to natural gas resources that can be used to power mining operations.
For investors, the update offers insight into Olenox's progress and the potential of its integrated model. As the company moves toward its planned gas-powered infrastructure, the market will be watching to see if it can deliver on its promise of low-cost, reliable computing power. The full press release can be viewed at https://ibn.fm/Nz2Bl.
Olenox Industries Inc. (NASDAQ:OLOX) is a vertically integrated U.S. energy company operating across multiple business lines, including oil and gas, energy services and energy technologies, including the proprietary Olenox process. The company is focused on acquiring, optimizing and scaling energy-related infrastructure and operating assets, with a strategic focus on bringing low-cost natural gas to high-value end uses, including digital infrastructure and next-generation computing. The latest news and updates relating to OLOX are available in the company's newsroom at https://ibn.fm/OLOX.
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