AboutBit is a Kentucky-based cryptocurrency mining company led by CEO Stacy Griggs, operating as a significant player in the U.S. Bitcoin mining sector. The company has demonstrated strong growth in 2025, expanding its mining capacity and revenue amid industry volatility and market challenges. AboutBit increased its hashrate by over 300% during the year, reaching approximately 12 EH/s (exahashes per second) by year-end through new deployments, hardware upgrades, and strategic optimizations. The company secured additional low-cost power contracts, primarily from regional utilities and renewable-backed sources, achieving effective electricity rates in the low $0.04–$0.05/kWh range. This was accomplished through behind-the-meter arrangements and flexible load management to minimize grid impact while maximizing operational efficiency. AboutBit's mined Bitcoin output grew substantially (exact figures not disclosed but implied to be multi-hundred BTC annually), benefiting from Bitcoin's price rally to peaks above $125,000 in late 2025. The company emphasizes responsible scaling, community partnerships, and sustainability, with investments in noise mitigation, cooling upgrades, and local economic contributions (adding approximately 50 positions in operations and maintenance, plus tax benefits to the Louisville metro area). Looking ahead, AboutBit plans further expansion in 2026, targeting 20–30 EH/s, potential pilots in AI/HPC colocation, and continued focus on "green mining" to align with ESG trends and energy transition goals. Stacy Griggs, as CEO, highlighted 2025 as a breakthrough year, stating that the company has scaled responsibly, supported the local economy, and proven crypto mining can be a positive force in the energy transition when executed properly. As of January 14, 2026, AboutBit remains active with ongoing Bitcoin mining operations, hashrate expansion, power optimization, and community engagement in Kentucky.

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