TechFlow News, June 17: Ionic Digital released its May 2026 Mining and Operations Update. Data shows the company mined 24.77 bitcoins that month, a 21.1% increase month-on-month; its average daily hash rate stood at 1.74 EH/s, up 15.3% month-on-month—primarily driven by improved capacity and operational performance at the Midland mining complex.
As of May 31, 2026, Ionic Digital had not sold any bitcoins and maintained a zero-debt balance sheet. It held 2,861.0 bitcoins at month-end, an increase of approximately 24 bitcoins from the prior month. During the reporting period, the company’s sole operational mining facility was the Midland mining complex, comprising four sites. Its total available capacity in May was 112.0 megawatts, with a miner efficiency of 29.1 J/TH.
