MineBest Year of Progress, Recovery, and Looking Ahead to 2026

As we close out the year, we want to take a moment to reflect on what has been a year of continued development and recovery for MineBest — and to share why we are increasingly optimistic about the road ahead in 2026.

The past several years have been among the most challenging in our company’s history. As many of our long-standing partners and clients are aware, MineBest was directly impacted by the unlawful seizure and theft of mining equipment during our China-based operations in 2021. Hundreds of thousands of ASIC miners were taken, triggering a chain of events that resulted in significant operational disruption, financial losses for the company, and — most painfully — the prolonged interruption of mining rewards for affected customers of one of our strategic partners.

We fully recognize how sensitive this topic remains. Many of the customers of our partners have endured more than four years without mining rewards, and we understand the frustration, disappointment, and uncertainty this has caused. This period has weighed heavily on everyone involved, including the MineBest team. However, we remain optimistic and committed to creating a positive future ahead.

Legal Resolution Achieved in China

Following the incident, MineBest initiated formal legal proceedings against the responsible parties in China. This process has been lengthy, complex, and at times difficult — but we are pleased to share a major and meaningful milestone.

After several years of legal proceedings, the court in China has ruled fully in favor of MineBest. The final verdict confirms that all seized assets related to the case are to be returned to MineBest.

In addition, we have received an official letter from the enforcement board instructing local authorities to begin the process of collecting and returning these assets from where they were seized several years ago.

What Happens Next

While this decision represents a significant breakthrough, the enforcement and recovery process is not instantaneous. The ruling itself was issued in China, but a portion of the seized assets are located outside of China. As a result, the recovery involves international legal coordination and enforcement procedures.

Based on guidance from our legal advisors, this process is expected to take several months. For legal and procedural reasons, we are not able to disclose specific operational or jurisdictional details at this stage. What we can say is that the process is active, progressing, and being handled through official channels.

Building for the Future

Looking forward, MineBest’s plan is to develop a new mining operation, structured in a way that fully addresses and satisfies the interests of our affected partners and their customers. This process is currently being carefully calculated and designed with fairness, sustainability, and long-term viability in mind.

While we are eager to share timelines and next steps, we must be clear that no exact dates can be announced at this time, as further actions depend on official authorities and enforcement procedures, as well as other relevant factors. However, based on current legal assessments, 2026 is expected to be the year in which construction and operational activities related to this recovery can begin.

A Decade of Commitment

MineBest has been operating for nearly a decade, navigating multiple market cycles, regulatory shifts, and unprecedented industry challenges. Throughout it all, our belief in Bitcoin mining — and in the long-term fundamentals of Bitcoin itself — has remained unchanged.

This past year has been one of rebuilding, legal progress, and renewed momentum. While there is still work ahead, we enter 2026 with cautious confidence and a strong sense of responsibility to our partners and clients.

We remain committed to transparent communication and will continue to provide updates to our partners as soon as they can be responsibly and appropriately shared.

On behalf of the entire MineBest team, we wish you a healthy, successful, and peaceful New Year — and thank you for your continued patience and trust.

Happy New Year,
The MineBest Team