Toronto, Canada, July 23rd, 2026, Chainwire

CoinRabbit and GoMining have released a joint report on Bitcoin mining profitability, arguing that how mined Bitcoin is managed has become just as important as how much is produced.

The report underscores how the post-halving landscape is reshaping what defines success in the mining sector. With the block reward now reduced to 3.125 BTC and network difficulty hovering near record levels, operational efficiency alone is no longer sufficient. According to the report, the next phase of Bitcoin mining will be driven by smarter capital allocation, stronger treasury management, and long-term conviction in the asset. These findings align with a broader shift across the mining industry, where several publicly traded miners have moved in recent quarters to retain more mined Bitcoin on their balance sheets rather than selling it immediately at market prices — an approach that mirrors corporate treasury strategies adopted elsewhere in the sector.

The Four Pillars of the Bitcoin Mining Efficiency Mindset

The report outlines a structured framework built on four key pillars:

1) Operational Cost Efficiency — Low-cost power procurement, high uptime, efficient cooling, and disciplined maintenance remain the foundation of any viable mining operation. These factors determine baseline production costs and are essential for staying competitive.

2) Collateralization Over Liquidation — Rather than selling freshly mined Bitcoin to cover expenses, effective operators are using it as collateral. This strategy enables them to meet short-term cash needs while retaining full ownership and long-term exposure to the asset's value. The approach has become more feasible as crypto lending infrastructure has matured, offering miners regulated and overcollateralized alternatives to outright liquidation.

3) Operational Liquidity and Tax Optimization — Bitcoin-backed lending offers flexibility to cover recurring operating costs — including power, hosting, and payroll — while avoiding taxable sales. At the same time, it preserves the deductibility of operational expenses.

4) Long-Term Vision and Capital Discipline — Sustainable operators treat mining as a disciplined, capital-intensive business. They maintain the flexibility to hold Bitcoin through market cycles and reinvest in hardware upgrades when opportunities arise, avoiding forced sales during downturns. This mindset has separated well-capitalized operators from those forced to scale back or restructure during prior downturns, a pattern observed across multiple Bitcoin halving cycles.

The full report is available for download here.

Industry Reactions

Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit, commented:

"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 — all within a single ecosystem. Since 2020, CoinRabbit has ensured 100% capital reserve, keeping clients' funds safe and never reused. For more information, visit coinrabbit.io.

About GoMining

GoMining is an all-in-one Bitcoin ecosystem that makes it simple and secure to mine, earn, and use Bitcoin daily. The platform serves 5 million users and ranks among the top-10 Bitcoin miners by hashrate globally, with data centers in the U.S. and internationally. The company makes Bitcoin accessible through tokenized hashrate, daily BTC rewards, and an expanding suite of payment and earning products. For more information, visit gomining.com.

Contact: CMO Irene Afanaseva, CoinRabbit — [email protected]