Olenox Unveils Three-Phase Plan to Power and Expand Bitcoin Mining Fleet Through Gas-To-Power-To-Compute Strategy

Olenox Industries outlined a three-phase gas-to-power-to-compute strategy targeting electricity at $0.015/kWh versus its current ~$0.06/kWh, a potential 75% rate reduction via behind-the-meter generation. The plan would potentially relocate existing Bitcoin miners in Texas to self-generated power from its Wildboy (British Columbia) and Pecos-area (Texas) energy platforms, then expand the fleet from ~9,700 to 20,000 miners. Execution is heavily conditional: the company must raise substantial financing, deploy enough generators to reach 75 MW of capacity, and secure equipment and power availability.

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