Abstract: A bit includes a body portion having a first shape, a first length, a first end and a second end. A collar portion having a second shape, a thickness, a first surface disposed adjacent a second end of the body portion and a second surface forming a ledge for seating against a surface of a rotary cutting head of a mining machine. A shank portion, has a diameter and a second length. A first end of the shank is secured to the second surface of the collar portion. A groove formed around the shaft portion closely adjacent the second end thereof. A bit tip disposed adjacent the first end of the body portion to contact a hard surface. The bit tip tapers to a pointed end. A connecting means is disposed in the groove for connecting the bit to the working machine. A plurality of fins is disposed along an outer surface of the body portion.