Olenox Industries Reports May 2026 Bitcoin Production, Its First Monthly Operating Update Following the Closing of the CS Digital Acquisition

Olenox Industries reported its first monthly Bitcoin production update after completing the CS Digital acquisition on May 28, 2026. For May the combined operations credited ~18.6 BTC to the company’s pool, with an average realized hashrate of ~1.30 EH/s and ~81% fleet utilization. The installed fleet comprises 9,584 S21-class miners (~35 MW / ~2.19 EH/s nameplate) at ~16 J/TH. Management emphasized a strategy to convert Olenox’s natural gas into on-site compute to target sub-$0.02/kWh power costs, a structural cost advantage if realized. The release signals near-term production baselines, seasonal curtailment plans (low-power mode in summer), and the intention to provide monthly updates — all relevant to miner supply dynamics and cash-flow visibility for the combined energy-mining platform.