Olenox and CS Digital Merge to Develop Low-Cost Bitcoin Mining

Olenox and CS Digital Ventures have announced a merger that will combine their expertise in energy services and bitcoin mining. The merged entity will focus on developing off-grid data centers, which would enable low-cost bitcoin mining by utilizing electricity at costs approaching $0.02 per kWh.

According to CS Digital's CEO, Bernardo Schucman, this approach is part of a new phase in Bitcoin mining, referred to as the 'third era'. He believes that 2026 may mark its beginning and that it will involve large-scale development of off-grid data centers built closer to energy generation sites.