Toronto, Canada, July 23, 2026 — CoinRabbit and GoMining have released a report on Bitcoin mining profitability, arguing that the way miners manage the Bitcoin they produce is becoming as important as the volume they mine.

The report says the post-halving environment is reshaping how mining operators define success. With the Bitcoin block reward reduced to 3.125 BTC and network difficulty near record levels, the companies said operational efficiency alone is no longer sufficient. Bitcoin’s programmed halvings reduce the block subsidy roughly every 210,000 blocks, meaning miners must absorb lower new-Bitcoin revenue per block unless offset by transaction fees, lower costs, higher efficiency, or stronger balance-sheet management. Instead, miners are increasingly relying on stronger treasury management, capital discipline, and long-term asset strategies to operate under tighter margins.

According to CoinRabbit and GoMining, the next phase of Bitcoin mining will be shaped by smarter capital allocation and long-term conviction in Bitcoin, rather than by mining output alone.

Four Pillars of the Bitcoin Mining Efficiency Mindset

The report outlines a framework built around four main pillars for mining operators.

1. Operational Cost Efficiency

Low-cost electricity procurement, high uptime, efficient cooling, and disciplined maintenance remain the basis of a viable mining operation. The report says these factors determine baseline production costs and remain essential for competitiveness.

2. Collateralization Over Liquidation

The report says effective operators are increasingly using newly mined Bitcoin as collateral instead of selling it to cover expenses. This strategy can allow miners to meet short-term cash requirements while retaining ownership of the asset and maintaining long-term exposure to Bitcoin’s value. As with any secured borrowing, the approach depends on loan terms, collateral levels, and risk controls, since falling collateral values can create margin calls or liquidation risk.

3. Operational Liquidity and Tax Optimization

Bitcoin-backed lending can provide flexibility for miners to cover recurring operating costs such as power, hosting, and payroll, according to the report. CoinRabbit and GoMining said this approach can help operators avoid taxable sales while preserving the deductibility of operational expenses. Tax treatment can vary by jurisdiction and structure, making documentation and professional review important for operators using debt instead of asset sales.

4. Long-Term Vision and Capital Discipline

The companies said sustainable operators treat mining as a disciplined, capital-intensive business. These operators maintain the flexibility to hold Bitcoin through market cycles and reinvest in hardware upgrades when opportunities emerge, while seeking to avoid forced sales during downturns.

The full report is available at CoinRabbit and GoMining 2026 Report on Bitcoin Mining.

Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit, said: “Long-term success is built on conviction in the assets you hold and the discipline to manage them through different market cycles. At CoinRabbit, we are proud to work with clients who share this long-term vision and recognize the value of staying focused through periods of uncertainty. We appreciate the collaboration with GoMining experts and their contribution to sharing deeper industry insights with the mining community.”

Jeremy Dreier, Chief Business Development Officer at GoMining and Managing Director of GoMining Institutional, added: “In the post-halving environment, discipline is critical. The miners that are winning are those with efficient operations and cash put aside for this exact time. This is the best possible moment to deploy capital into expanding your fleet, because it’s cheap to add hash rate when Bitcoin’s price is down. There’s a lot of opportunity in the market. At GoMining, this is our third bear market, and we’ve seen that the operators who are prepared look at these conditions as an opportunity. Those who aren’t prepared are the ones who panic.”

About CoinRabbit

CoinRabbit is a crypto asset management platform built for long-term capital preservation. It enables users to manage liquidity across instant payments, lending, trading products, and the Private Program within a single ecosystem. Since 2020, CoinRabbit says it has maintained a 100% capital reserve, keeping client funds safe and never reused.

More information is available at coinrabbit.io.

About GoMining

GoMining is an all-in-one Bitcoin ecosystem designed to make it simple and secure to mine, earn, and use Bitcoin every day. The company says it serves 5 million users and ranks among the top-10 Bitcoin miners globally by hashrate, with data centers in the U.S. and internationally. GoMining provides access to Bitcoin through tokenized hashrate, daily BTC rewards, and an expanding suite of payment and earning products.

More information is available at gomining.com.

Media contact: CMO Irene Afanaseva, CoinRabbit, [email protected].