The post How Is Bluebird Mining Planning to Mine 30+ BTC Without Running Miners? appeared on BitcoinEthereumNews.com.

756 Bitcoin miners are locked up under a streaming agreement.
Aim to earn more than 30 BTC in three years through streaming contracts.
Invests 1 million new capital in Bitcoin with a two-treasury strategy in gold and Bitcoin.
A UK-listed gold explorer, Bluebird Mining Ventures Ltd, has gone as far as acquiring 756 ASIC Bitcoin mining rigs, something that is audacious in the world of cryptocurrency. The transaction, which was agreed upon in July 2025, consists of a combination of Bitmain and Canaan equipment, whose total hashrate is 63.7 PH/s. The new streaming deal also incorporates this acquisition, where Bluebird will take a percentage of any future bitcoin production; this is expected to hit 30 BTC in the next three years. Source – investegate  Listed in the London Stock Exchange as BMV, the company is paving the way in a mixed approach that incorporates its conventional gold mining activities and a Bitcoin treasury approach. In contrast to traditional mining projects, Bluebird will not undertake the management of the mining rigs itself but will enjoy the income of the Bitcoin that it generates through a designed streaming agreement. This will not increase the balance sheet liabilities of the company as will as reduce the chances of operational risks. Bluebird’s Strategic Shift: From Gold to Digital Gold The streaming model helps Bluebird acquire exposure to Bitcoin without needing to mine Bitcoin, which is complicated. In three years, the streaming deal has the potential to bring in more than thirty Bitcoins, depending on the circumstances of the network and the specifics of the contract. Noticeably, Bluebird will not incur any extra expenses after signing the streaming deal. Source – X btcNLNico The move is part of the overall treasury policy of Bluebird, which involves converting future gold revenues into…

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Filed under: News - @ July 15, 2025 12:20 am