Gemini rolled into the Bitcoin 2025 Conference with a Tesla Cybertruck that did more than turn heads. The truck, dubbed the “Cyberbeast,” was painted in black-and-gold Bitcoin vinyl and hooked up to a compact Bitaxe Gamma miner. Attendees watched live as the setup mined Bitcoin right in the back of the truck.
Cybertruck’s Mining Demo Steals The Show
According to conference reports, the Cyberbeast edition brings an 845-horsepower tri-motor system and can tow up to 11,000 pounds. It isn’t just for hauling gear.
In Gemini’s demo, the truck powered the Bitaxe device through its own battery pack and even handled a quick recharge. The miner itself connects over Wi-Fi, works quietly, and only needs a normal household outlet.
Solo Satoshi Units Power The Rig
Based on reports from Solo Satoshi, the maker of the Bitaxe Gamma, over 10,000 of their open-source miners sold in April. That added 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 energy-efficient. It draws about the same power as a space heater and can fit in a backpack. That makes it a favorite for home users who don’t want a noisy machine in their living room.
Sweepstakes Ties Trading To Entries
Gemini linked this stunt to a sweepstakes in the US running from May 19 to June 18, 2025. Anyone 18 or older can enter. Two winners will each get a Cybertruck “Cyberbeast” valued at $113,735. They’ll also receive $2,000 for travel and cash to help cover taxes.
You earn one entry for every $50 spent on the Gemini Credit Card or traded on the Gemini Exchange. You can rack up to 20,000 entries total—10,000 from card use and 10,000 from trading.
Image: Gemini
Mining Faces New Challenges In 2025
Based on data from April 2024, the mining reward fell from 6.25 BTC to 3.125 BTC after the halving. That cut earnings in half overnight.
Hashprice—the revenue you make per terahash per day—slid from $0.12 last year to $0.049 this April. Network difficulty climbed to a record 123 trillion. Miners now need gear that sips power to keep running.
Despite the tougher math, network strength is rising. Reports show the total Bitcoin hashrate hit 831 exahashes per second (EH/s) this month, with peaks near 921 EH/s. That’s up 77% from the 2024 low of 519 EH/s.
New rigs and higher Bitcoin prices are pushing the numbers up. Bitcoin itself flirted with a new all-time high close to $112,000 in recent weeks.
Gemini’s Cybertruck mining setup is more than a stunt. It suggests a future where mining could happen outside warehouse farms. But for now, it plays best on stage, where photographers and crypto fans can get a glimpse of what mobile mining might look like.
Featured image from RM Sotheby’s, chart from TradingView
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