PowerCompute, Inc. (Nasdaq: PWCM) reported preliminary, unaudited Bitcoin mining results for the month ended October 31, 2026. The company mined approximately 9.0 Bitcoin during October, marking an increase of 11.1% compared to the 8.1 Bitcoin mined in September 2026. This production figure also represents a 20% year-over-year increase, as the company mined 7.5 Bitcoin in October 2025.
As of October 31, 2026, PowerCompute’s active hashrate reached approximately 800 PH/s. This represents an 11.4% increase from the approximately 718 PH/s recorded at the end of September 2026. The company attributed this growth to the installation of approximately 900 more efficient miners on its existing 26 megawatts of power capacity.
At the end of the reporting period, PowerCompute held 65.7 Bitcoin, valued at approximately $5.1 million based on a Bitcoin price of roughly $77,000. This balance translates to approximately $2.00 per share of common stock outstanding, which stood at 2,535,061 shares as of October 31, 2026. Additionally, the company generated approximately $46,000 in revenue from energy sales in October 2026 by selling power to the grid during periods of economic curtailment at its Oklahoma site.
PowerCompute, formerly LM Funding America, Inc., is headquartered in Tampa, Florida, and operates 26 megawatts of interconnected electrical infrastructure across Bitcoin data center facilities in Oklahoma and Mississippi.
