Hardware
The latest news, analysis, and updates on Bitcoin mining ASICs and machines that power the Bitcoin network.

As ASIC Prices Shrunk in 2022, the Antminer S19 XP's Price Premium Grew
The Antminer S19 XP's premium to other Bitcoin mining ASICs grew over 2022.

Power Prices and Bitcoin Mining Profitability in Bull and Bear Markets
The importance of minimizing electricity costs only becomes evident during bear markets. In this article, I show how little the electricity price impacted bitcoin mining profitability during the previous bull market and discuss how it incentivized miners to prioritize growth over efficiency.

Timing the Market: Bitcoin Mining ASIC ROIs in 2022
Timing the ASIC market beats time in the market - at least it has in 2022. This article discusses how machine prices have developed over the past year and shows the return differences between purchasing machines on different dates.

Top Public Miners Have 17 EH/s of Hashrate On Order for the Rest of 2022
Public Bitcoin miners have heaps of hashrate on order for the remainder of 2022.

Bitmain Reprices S19 XP Order: Here’s How Much Bitcoin Miners are Saving
Bitmain repriced orders for its S19 XP series, leading to big rebates for Bitcoin miners who purchased these ASICs last year.

Antminer S19 XP Hydro vs S19 Pro Hydro for Bitcoin Mining in 2023
The Antminer S19 XP Hydro and S19 Pro Hydro will have class-leading hashrate and efficiency when they come to market in 2022.

What's Going on With Bitcoin Miner Prices?
Bitcoin miner prices continue to fall even as Bitcoin's price is up. For today's newsletter, we examine what's causing this selling and the ASIC supply glut.

Antminer S19XP Profitability: How the S19XP Stacks up to Other Top ASICs
How profitable is the Antminer S19XP? Here's how Bitmain's newest miner compares to other top-tier Bitcoin miners.