Rolling Mining: Gemini Drives Bitcoin Forward with a Cybertruck
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Gemini showcased a Tesla Cybertruck at the Bitcoin 2025 Conference, capturing attention with its unique features. The truck, known as the “Cyberbeast,” was adorned with striking black-and-gold Bitcoin vinyl and was connected to a compact Bitaxe Gamma miner. Attendees experienced live Bitcoin mining as it took place right in the truck’s bed.
Cybertruck’s Mining Demonstration Captivates Audience
As per conference updates, the Cyberbeast variant features an impressive 845-horsepower tri-motor system and has the capability to tow up to 11,000 pounds, making it more than just a transport vehicle.
During Gemini’s demonstration, the truck powered the Bitaxe device using its battery pack and managed a quick recharge. The miner connects via Wi-Fi, operates quietly, and requires only a standard household outlet to function.
Solo Satoshi Units Energize The Rig
According to Solo Satoshi, the manufacturer of the Bitaxe Gamma, over 10,000 of their open-source miners were sold in April alone, contributing more than 10 petahashes (PH) to the global Bitcoin network.
Mining Bitcoin from the Cybertruck ⚡️ @SoloSatoshi pic.twitter.com/4rlyemPToV
— Gemini (@Gemini) May 28, 2025
The Gamma model is designed for energy efficiency, drawing power similar to that of a space heater and compact enough to fit into a backpack, making it a popular choice among home users looking to avoid noisy machinery in their living spaces.
Sweepstakes Links Trading to Entries
Gemini connected this initiative to a sweepstakes in the United States, running from May 19 to June 18, 2025. Individuals 18 years and older are eligible to enter. Two winners will each receive a Cybertruck “Cyberbeast,” valued at $113,735, along with $2,000 for travel and cash to assist with tax obligations.
Participants earn one entry for each $50 spent on the Gemini Credit Card or traded on the Gemini Exchange, with a maximum of 20,000 entries available—10,000 from card usage and 10,000 from trading activities.
Image: Gemini
Mining Confronts New Challenges in 2025
Data from April 2024 indicates that the mining reward decreased from 6.25 BTC to 3.125 BTC following the halving, effectively halving earnings overnight.
Hashprice—the daily revenue per terahash—dropped from $0.12 last year to $0.049 this April. Concurrently, network difficulty surged to a record 123 trillion, demanding energy-efficient equipment for sustained operations.
BTC is currently trading at $105,692. Chart: TradingView
Despite the increased challenges, network strength continues to rise. Reports indicate that the total Bitcoin hashrate reached 831 exahashes per second (EH/s) this month, with peak levels close to 921 EH/s, up 77% from the 2024 low of 519 EH/s.
New mining rigs and rising Bitcoin prices are boosting these figures, with Bitcoin recently approaching a new all-time high near $112,000.
Gemini’s Cybertruck mining demonstration is not merely a publicity stunt; it hints at a future where mining could occur outside traditional warehouse settings. For now, it shines on stage, allowing photographers and crypto enthusiasts to envision mobile mining’s potential.
Featured image from RM Sotheby’s, chart from TradingView
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