AUSTIN, Texas – Ionic Digital Inc. (“Ionic Digital” or the “Company”), a digital infrastructure and cryptocurrency mining company, today issued its unaudited Mining and Operations Update for October 2025.
For the month of October, Ionic Digital mined 102.24 Bitcoin (“BTC”), representing a 4.05% decrease from the month prior, while maintaining an Efficiency of 30.1 (J/THs). The decline in production was primarily driven by a 3.3% drop in daily block count as compared to last month, and continued pressure from a 4.88% increase in global hash rate, which outweighed this month’s 1.15% increase in Ionic Digital’s average hash rate to 7.84 EH/s. While fleet efficiency remained steady at 30.1 J/THs, the active miner count decreased by 2.81% from the month prior, largely from reductions at Midland and Cedarvale.
Ionic Digital continues to maintain its zero-debt position and execute on its HODL strategy, and this month liquidated 54.0 BTC, down 20.6% month-over-month, to cover operating costs and maintain a healthy cash flow. The Company generated net proceeds of $6.32 million through the sale of a portion of its mined BTC at an average price of $117,098 per BTC and held 2,662.4 BTC on its balance sheet at month-end, representing an increase of 49.4 BTC over the prior month.
| Key Mining and Operating Metrics Summary1 | |
| Metric | October 2025 |
| Capacity (MW)2 | 381.0 |
| BTC Mined3 | 102.24 |
| Average BTC Mined/Day4 | 3.30 |
| Daily Average Hash Rate (EH/s)5 | 7.84 |
| Efficiency (J/THs)6 | 30.1 |
| BTC Sold7 | 54.0 |
| Total BTC Holdings8 | 2,662.4 |
1. Mining and Operating Metrics Summary: The key metrics disclosed in the mining and operating metrics summary are unaudited
2. Capacity: Total current capacity available at hosted and directly owned sites as of October 31, 2025
3. BTC Mined: Gross BTC mined of 102.24 BTC. No hosting fees were paid in BTC for October 2025
4. Average BTC Mined/Day: Average BTC/Day in prior month was 3.55
5. Daily Average Hash Rate: The reported Hash Rate is derived from internal performance data. Hash Rate values reflect miner downtime and voluntary curtailment
6. Efficiency: Represents the capabilities of 101,382 active miners during the reporting period
7. BTC Sold: For an average net price of $117,098 per BTC
8. Total BTC Holdings: BTC Holdings excludes 2.4 BTC earned but in transit as of month-end, a reduction of 1.1 BTC from prior month. The BTC balance at the end of the prior month was 2,613.0 BTC.
About Ionic Digital
Ionic Digital is a digital infrastructure and cryptocurrency mining company. We are an established bitcoin miner, developing practical and innovative approaches to energy monetization. With facilities across the United States, we focus on delivering the next generation of energy-efficient, cost-effective computing through sustainable bitcoin mining while supporting grid flexibility by adapting operations to changing energy demand. Follow us on X or LinkedIn.
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