At the ongoing Bitcoin 2025 conference, Gemini announced a live demonstration combining electric vehicle technology with Bitcoin mining.
The company introduced a Tesla Cyber Truck The “CyberBeast” edition, wrapped in custom Bitcoin-themed vinyl, uses Bitcoin to mine onsite using your Bitaxe device. The display was part of a broader marketing campaign on sweepstakes promotions.
Gemini Mines Bitcoin and Cyber Truck
Specifically, the Gemini demonstration showed how the 845-horsepower tri-motor system and 11,000-pound towing capacity CyberTruck doubles as a mobile mining rig.
Mining bitcoin from Cybertruck⚡️@solosatoshi pic.twitter.com/4rlyemptov
– Gemini (@gemini) May 28, 2025
Interestingly, behind this mining operation was Bitaxe, a compact, energy-efficient Bitcoin miner. This particular model was developed by Solo Satoshi, a provider of home-based Bitcoin mining solutions.
The model used in the demo was Bitaxe gamma. Interestingly, the miners are designed to connect via Wi-Fi, operate quietly and set up easily, making them suitable for home and portable mining.
The demonstration was a product of a partnership between Gemini and Solo Satoshi at the conference. Solo Satoshi builds open source mining hardware for individuals. The company reported more than 10,000 miners sold last month, and donated more than 10. Petahash (pH) Overall Global Hash power.
Gemini Cyber Truck Sweepstakes
Meanwhile, the demonstration was part of it Gemini Cyber Truck SweepstakesIt is open to US residents over the age of 18. The promotion, which will be held from May 19th to June 18th, 2025, will offer two recipients a Tesla Cyber Truck “Cyberbeast” edition, rated at around $113,735 each.
The winner will also receive a $2,000 travel salary and a prize to pick up the vehicle to cover taxes. Participants in particular will earn one entry for every $50 spent on a Gemini credit card or trade on Gemini Exchange.
Each person can accumulate up to 20,000 entries, up to 10,000 from card usage, 10,000 from trading activities, or through alternative ways of entry.
Bitcoin mining trends in 2025
Meanwhile, marketing pushes are Bitcoin mining sector. Half of April 2024 reduced mining rewards from 6.25 BTC to 3.125 BTC, leading to a lower profit margin.
last month, Hashpristhe scale of revenue per Terrahash It fell to $0.049 per second, from $0.12 the previous year. Meanwhile, the network’s difficulty reached an all-time high of 123 trillion, and more energy-efficient setups were needed to maintain profitability.
Despite the challenges, the world’s hashrate continues to rise. As of this month, the network’s total hashrate hit 831 Exalis At every second (eh/s), the peak reaches 921 Eh/s at the beginning of the month.
This is 77% higher than the 2024 low of 519 EH/s due to new hardware rollouts and rising Bitcoin prices. For the context, Recently Bitcoin It claims a new all-time high of nearly $112,000, with some analysts expecting it to reach $225,000 in the second half of 2025.