HashrateUp ⚡

When I say "the S21 costs $7", I mean $7 per terahash. The unit actually costs $1.400. Dollars per terahash is how the industry compares ASIC prices. You take the total price and divide by the hashrate. Simple. But there is a better metric. If you also factor in the efficiency of the machine, you get a number that accounts for both price AND operating cost. An M70 at 14,5 J/T versus an S21 XP at 13,5 J/T might look similar on price per terahash, but the efficiency-adjusted metric shows you exactly what premium you are paying for that extra joule per terahash. The cheapest machine per terahash is not always the cheapest machine to run. 🎬 Full breakdown: https://www.youtube.com/watch?v=d0W9DCEqCws

98% of Bitcoin miners are not actually mining. They are hashing. I sat down with Bob Burnett of Barefoot Mining to discuss the difference, and why it matters now more than ever. When you mine on a traditional pool, you are connected to a proxy, not the Bitcoin network. The pool picks the transactions. The pool builds the block template. The pool receives the coinbase transaction. You provide hashrate and get paid. That makes you a hasher, not a miner. On Ocean, miners can run their own node, have the option to build their own block templates, and signal for protocol changes directly. Barefoot Mining moved over 90% of their fleet to Ocean, and Bob says they make more money doing it. The distinction between mining and hashing becomes critical when protocol upgrades are on the table. BIP 110 miner signaling is a live example. If your pool is signaling on your behalf, are they representing your interests or theirs? Bob puts it simply: if you are in this business, you have to decide who you are and what you want to be. 🎬 Full episode: https://www.youtube.com/watch?v=GovSrfOlsK4

The 20 millionth Bitcoin was mined last week. 16 years for the first 20 million. Another decade for the last million. The wider market does not understand how scarce Bitcoin is about to become. The AI pivot keeps accelerating. NScale (ex-Archon Energy) raised $2 billion with Nvidia, Citadel, Jane Street, Dell backing. Google backstopped TeraWulf with $3.2 billion. These companies built power infrastructure expertise mining Bitcoin, and now AI compute buyers are paying billions for it. Foundry is expanding into Zcash mining as BTC hashprice sits at $30. Even the pools are feeling the squeeze. The story I am most excited about: Eskom, South Africa's state power utility, wants to sell surplus daytime energy to Bitcoin miners. Massive grid backlog and surplus here. If the pricing makes sense, this opens the door for serious mining operations in South Africa. Based in Cape Town, I will be following this very closely. Full episode: https://www.youtube.com/watch?v=NEgErmtK7NY #bitcoin #mining #africa #hashrateup

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