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Gemini Powers Bitcoin With A Cybertruck

SCRYPTO MAGAZINE by SCRYPTO MAGAZINE
May 31, 2025
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Gemini Powers Bitcoin With A Cybertruck
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Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Ad Disclosure

Gemini rolled into the Bitcoin 2025 Conference with a Tesla Cybertruck that did greater than flip heads. The truck, dubbed the “Cyberbeast,” was painted in black-and-gold Bitcoin vinyl and hooked as much as a compact Bitaxe Gamma miner. Attendees watched stay because the setup mined Bitcoin proper at the back of the truck.

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Cybertruck’s Mining Demo Steals The Present

In keeping with convention studies, the Cyberbeast version brings an 845-horsepower tri-motor system and may tow as much as 11,000 kilos. It isn’t only for hauling gear.

In Gemini’s demo, the truck powered the Bitaxe machine by means of its personal battery pack and even dealt with a fast recharge. The miner itself connects over Wi-Fi, works quietly, and solely wants a traditional family outlet.

Solo Satoshi Items Energy The Rig

Based mostly on studies from Solo Satoshi, the maker of the Bitaxe Gamma, over 10,000 of their open-source miners bought in April. That added greater than 10 petahashes (PH) to the worldwide Bitcoin community.

Mining bitcoin from the Cybertruck ⚡️ @SoloSatoshi pic.twitter.com/4rlyemPToV

— Gemini (@Gemini) May 28, 2025

The Gamma mannequin is energy-efficient. It attracts about the identical energy as an area heater and may slot in a backpack. That makes it a favourite for dwelling customers who don’t desire a noisy machine of their front room.

Sweepstakes Ties Buying and selling To Entries

Gemini linked this stunt to a sweepstakes within the US operating from Could 19 to June 18, 2025. Anybody 18 or older can enter. Two winners will every get a Cybertruck “Cyberbeast” valued at $113,735. They’ll additionally obtain $2,000 for journey and money to assist cowl taxes.

You earn one entry for each $50 spent on the Gemini Credit score Card or traded on the Gemini Change. You’ll be able to rack as much as 20,000 entries whole—10,000 from card use and 10,000 from buying and selling.

Picture: Gemini

Mining Faces New Challenges In 2025

Based mostly on information from April 2024, the mining reward fell from 6.25 BTC to three.125 BTC after the halving. That reduce earnings in half in a single day.

Hashprice—the income you make per terahash per day—slid from $0.12 final 12 months to $0.049 this April. Community issue climbed to a report 123 trillion. Miners now want gear that sips energy to maintain operating.

BTC is at the moment buying and selling at $105,692. Chart: TradingView

Regardless of the harder math, community power is rising. Reviews present the overall Bitcoin hashrate hit 831 exahashes per second (EH/s) this month, with peaks close to 921 EH/s. That’s up 77% from the 2024 low of 519 EH/s.

New rigs and better Bitcoin costs are pushing the numbers up. Bitcoin itself flirted with a brand new all-time excessive near $112,000 in latest weeks.

Gemini’s Cybertruck mining setup is greater than a stunt. It suggests a future the place mining may occur exterior warehouse farms. However for now, it performs greatest on stage, the place photographers and crypto followers can get a glimpse of what cell mining may appear like.

Featured picture from RM Sotheby’s, chart from TradingView

Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluate by our staff of high expertise specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.





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