{"id":71648,"date":"2026-04-26T08:13:23","date_gmt":"2026-04-26T08:13:23","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/olenox-announces-merge-with-cs-digital-to-develop-low-cost-off-grid-bitcoin-mining-opportunities\/"},"modified":"2026-04-26T08:13:23","modified_gmt":"2026-04-26T08:13:23","slug":"olenox-announces-merge-with-cs-digital-to-develop-low-cost-off-grid-bitcoin-mining-opportunities","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/olenox-announces-merge-with-cs-digital-to-develop-low-cost-off-grid-bitcoin-mining-opportunities\/","title":{"rendered":"Olenox Announces Merge With CS Digital to Develop Low Cost, Off-Grid Bitcoin Mining Opportunities"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Olenox announced a possible $55M merger with CS Digital Ventures to scale off-grid <span>bitcoin mining<\/span>.<\/li>\n<li>The deal targets a 3rd era of <span>bitcoin mining<\/span>, using off-grid data centers to hit $0.02 per kWh.<\/li>\n<li>In 2026, the merged entity would integrate Olenox\u2019s energy tools to lead off-grid <span>Bitcoin mining<\/span>.<\/li>\n<\/ul>\n<h2>Olenox To Merge With Brazilian CS Digital, Targeting Low-Cost <span>Bitcoin Mining<\/span> and AI Data Center Opportunities<\/h2>\n<p> <span>Bitcoin mining<\/span> might experience a resurgence as companies adopt new, non-conventional approaches to maximize the performance of their investments while lowering operational costs.<\/p>\n<p>Olenox, a Nasdaq-listed company providing oil and <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-gas\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">gas<\/a> energy services and other energy technologies, has announced a possible merger with CS Digital Ventures, a company that offers custom <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-bitcoin-mining\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin mining<\/a> and artificial intelligence (AI) solutions.<\/p>\n<p><\/p>\n<p>The merger, which values CS Digital Ventures at $55 million, would be completed in several tranches and would anticipate what CS Digital\u2019s CEO Bernardo Schucman has called \u201cthe third era of <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-bitcoin-mining\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin mining<\/a>.\u201d<\/p>\n<p>Explaining the meaning of the term, he <a href=\"https:\/\/www.nasdaq.com\/press-release\/olenox-industries-announces-proposed-merger-cs-digital-create-scalable-grid-digital\" target=\"_blank\" rel=\"noopener noreferrer\">declared<\/a>:<\/p>\n<blockquote>\n<p>\u201cI believe 2026 may mark the beginning of a new phase: the large-scale development of off-grid data centers built closer to the point of energy generation, where, under certain conditions, it may be possible to generate and utilize power at costs approaching $0.02 per kWh.\u201d<\/p>\n<\/blockquote>\n<p>These affordable energy fees would be attainable as the resulting company operates in environments where energy is curtailed and in sites where there is no transmission infrastructure available to transport it to the grid.<\/p>\n<p><strong>\u201cOur combination with Olenox is intended to pursue that opportunity and build what we believe can become a leading platform in scaling off-grid mining. Our ambition is significant, and so is the opportunity in front of us,\u201d<\/strong> Schucman concluded.<\/p>\n<p>These kinds of initiatives are now surging, with Itau, one of Brazil\u2019s largest banks, recently investing in Minter, which also designs and operates mobile <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-bitcoin-mining\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin mining<\/a> solutions located at energy generation locations. But the merged company between Olenox and CS Digital would have an advantage, as it would integrate the energy generation task of the equation by combining Olenox\u2019s energy platform with CS Digital\u2019s capabilities.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/olenox-announces-merge-with-cs-digital-to-develop-low-cost-off-grid-bitcoin-mining-opportunities\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Olenox announced a possible $55M merger with CS Digital Ventures to scale off-grid bitcoin mining. The deal targets a 3rd era of bitcoin mining, using off-grid data centers to hit $0.02 per kWh. In 2026, the merged entity would integrate Olenox\u2019s energy tools to lead off-grid [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":71649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71648"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71648"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71648\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71649"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}