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Ionic Digital's January 2026 Report: A Detailed Overview

Ionic Digital Inc., a prominent player in digital infrastructure, has recently disclosed its unaudited mining and operations update for January 2026. This announcement comes at a time when the company, specializing in supporting the burgeoning demand for AI and high-performance computing, faces fluctuations in its operational metrics.

During this period, Ionic Digital successfully mined a total of 34.68 Bitcoin (BTC), marking a 7.1% reduction compared to the previous month. The primary reasons for this decline can be attributed to a couple of operational factors. First, there was a notable 5.1% drop in network block production, which directly impacted the company's output. Additionally, Ionic Digital executed a planned reduction in its hashrate by 8.4%, which was a strategic decision following fleet consolidation and the decision to wind down operations at its Cedarvale mining site under a ten-year lease agreement. Despite this decrease, the company remains committed to fulfilling its lease obligations.

Interestingly, the reduction in Ionic’s production coincided with a 7.1% decline in the overall global network hashrate, which somewhat alleviated competitive pressures. However, Ionic's share of the global hashrate saw a slight decline of 1.4% month-over-month, indicating that the company’s hashrate contracted at a slightly higher rate than that of the overall network during this period.

The average daily hashrate for January stood at 2.61 EH/s. A significant contributor to this figure was an increase observed at Midland, rising by 5.6%. However, this positive trend was countered by a substantial 20.3% decrease at GXD, a hosted site located in Oklahoma, predominantly due to decommissioning efforts related to planned discontinuation of operations at this site in February 2026. Notably, the Cedarvale site did not contribute to operations during this month.

Fleet efficiency was another focal point in January, with the company's figure resting at 29.7 J/TH. This number reflects continued optimization efforts within a more concentrated operational footprint. In total, 44,445 active miners were utilized during the month, showcasing Ionic Digital's commitment to operational efficiency even amid adjustments.

On the financial front, Ionic Digital maintains a solid footing with a zero-debt position. Notably, the company did not liquidate any Bitcoin during January, allowing it to enhance its holdings. By the end of January 2026, Ionic Digital's total Bitcoin holdings increased to 2,754.8 BTC, up by 35.3 BTC from the previous month.

Key Metrics Summary for January 2026:

• - Capacity: 147.0 MW
• - Efficiency: 29.7 J/TH
• - Daily Average Hashrate: 2.61 EH/s
• - BTC Mined: 34.68
• - Average BTC Mined/Day: 1.12
• - BTC Sold: 0
• - BTC Holdings: 2,754.8

As the digital infrastructure landscape evolves, Ionic Digital remains a vigilant participant, adjusting its operations to align with market demands and ensuring its strategic initiatives are effectively met. The company's adaptability will be crucial as it navigates through uncertainties in mining and broader digital trends. To learn more about Ionic Digital's operations and future updates, potential investors and interested parties are encouraged to visit www.ionicdigital.com or follow the company on platforms such as X (formerly Twitter) and LinkedIn.