Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
Only 800 million of those shares raised $700,000 in cash as the inactive miner searched for an operating restart.
Production and managed hashrate fell in July, while the price and economics of the prepaid capacity remain undisclosed.
None of the first 59 dominant-chain blocks signaled for the proposal, while its enforcing branch mined one successor before stalling.
Bitcoin's BIP-110 enforcement starts at height 961,632, with adoption still waiting on hashpower and economic support.
The miner sold 2,213 BTC and later pledged 18,750 BTC, while the differently dated collateral pools cannot be reconciled.
Bitcoin valuation changes represented 87% of the profit-to-loss swing, while Sandersville still needs substantial capital.
Mining supplied roughly 95% of Q2 reserve growth, while first-half operations and Bitcoin purchases used $129.1 million in cash.
The company is targeting up to $350 million in sales, but lending, digital assets and portfolio companies are expected to carry the forecast.
The 16-year agreement could transform its business, provided a $500 million build stays on schedule.
