BitMine Immersion Technologies, Inc. (OTC: BMNR) is a U.S.-based blockchain and digital asset technology company, historically focused on Bitcoin mining operations, third-party equipment hosting, immersion cooling technology, and mining equipment sales. The company operated facilities in low-cost energy regions (e.g., Texas, Trinidad) and emphasized immersion-cooled mining for efficiency. In 2025, BitMine shifted strategically toward becoming a major Ethereum treasury holder, accumulating millions of ETH (reported ~3.7-4 million ETH holdings worth billions as of late 2025 announcements), while maintaining some Bitcoin mining/advisory activities. Services include consulting, treasury management, and equipment sales. As of December 22, 2025, the company is active with a public focus on Ethereum accumulation and digital asset ecosystem participation.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




February 27, 2026 Bitcoin mining roundup: Network hashrate rebounds to 1.12–1.15 ZH/s amid new ASICs and expansions; Bitfarms confirms full pivot to AI/HPC by 2027; Bitdeer sells entire BTC treasury to fund AI growth; IREN records high production; Hut 8 secures $200M loan; Cipher emphasizes HPC shift; Soluna expands hosting; and more.

