This Is the "Polymarket" for Bitcoin Miners

Sergey Klentsov of BiXBiT joins Jesse to explain why Whatsminers have so little custom firmware support, and how a failed hashboard no longer has to take a whole machine offline.They break down 20+ tuning profiles, remote hashboard disabling for remote sites, how the firmware fee works without invoices, AI-based predictive maintenance, and how fast hashrate returns if Bitcoin hits $500k.TIMESTAMPS:0:00 Introduction0:22 20+ profiles & auto temperature tuning1:07 Keep mining when a hashboard fails2:08 Ambient temperature auto stop & resume3:26 How immersion cooling led BiXBiT to firmware5:07 Why so few firmwares exist for Whatsminer8:46 Faster ramp-up mode for large fleets10:31 How the 2.8% firmware fee works14:25 AI, AMS monitoring & predictive maintenance19:38 Texas immersion site at 45°C for 100+ days21:37 Pool plans & mixing hashboards25:15 Public miners pivoting to AI27:20 How fast hashrate returns at $500k Bitcoin29:54 Where to find BiXBiTSERGEY KLENTSOV:LinkedIn: https://www.linkedin.com/in/sergey-klentsov-b8010517a/BiXBiT: https://bixbit.io/enBiXBiT Firmware: https://bixbit.io/en/firmwaresBiXBiT AMS Monitoring: https://bixbit.io/en/amsSPONSORS:SoloMining. Home and solo mining made easyCode: HASHRATEUPhttps://solomining.deAltair Technology. ASIC hardware, replacement parts and mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/HashrateUp Hardware Deals: https://t.me/hashrateupFree 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #Whatsminer #ASICFirmware

Is hashrate the next major commodity? Francisco Quadrio Monteiro (BD & Strategy at POW.RE) joins Jesse to break down how a Bitcoin hashrate OTC desk prices risk, who is buying hashrate today, and why hashprice could land around $70–80 within the next 12 months.Since leaving Paraguay, POW.RE has shifted to trading physically delivered hashrate. Francisco explains why difficulty is now the only real risk factor in BTC-denominated contracts, why past data is a poor guide in today's market, and why Bitcoin treasury companies like Strategy should be deploying capital into mining.TIMESTAMPS:0:00 Introduction1:21 How POW.RE got its name2:15 From Paraguay to hashrate trading3:37 Modeling difficulty: the secret sauce4:33 Why past data can't predict hashrate anymore6:07 The $100 hashprice thesis8:11 Francisco's call: $70–80 hashprice in 12 months8:49 Why each new megawatt moves difficulty less10:02 Hashprice in BTC vs USD terms10:55 Where unplugged ASICs are going13:12 What matters most in a hashrate contract14:51 Who's buying hashrate right now16:22 Hosting providers buying hashrate for uptime17:56 The eCash hard fork explained20:10 Mining + DCA: lower-volatility accumulation23:32 Why you should pay your hosting bill weekly25:32 What asset managers can learn from mining26:20 Treasury company growth assumptions vs cost to mine29:20 Why Strategy should be mining Bitcoin32:04 Why the ability to spend Bitcoin matters34:38 Block space is as scarce as Bitcoin35:29 Lightning, stablecoins & the security budget36:39 Block space forward markets37:23 Making solo mining more exciting41:29 Lightning payouts straight from the pool43:09 Orange-pilling Dad with an S9 heater44:34 Business ideas & the future of FPPS pools46:48 OutroKEY TOPICS:• Hashrate as a commodity and BTC-denominated contracts• Hashprice outlook and difficulty modeling• Who buys hashrate: fork speculators, political signaling, hosting providers• Mining + DCA as a lower-volatility accumulation strategy• Block space scarcity, Lightning payouts and the mining x gambling crossover🔗 Francisco Quadrio Monteiro:LinkedIn: https://www.linkedin.com/in/fquadriomonteiroX: https://x.com/f_monteiro98POW.RE Hashrate Desk: https://pow.re🛠 Sponsored by:Altair Technology – ASICs, parts, PSUs, PDUs & consulting | Code: HASHRATEUP | https://altairtech.io📲 HashrateUp Hardware Deals: https://t.me/hashrateup📩 Free 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #Hashrate #Hashprice #HashrateUp #BitcoinDerivatives

Curtailing your mine can cost you more than running it. Dan Lawrence, CEO and co-founder of OBM, started mining in a garage in Maryland in 2017 and built Foreman to stop driving an hour to reboot machines. Today Foreman turns Bitcoin miners on and off based on power prices, profitability and grid stress. Now Dan is building Vantage, a platform that reads the utility meter every 10 seconds and shows miners what their power bill really looks like.Dan explains why demand charges punish miners who shut down, how one peak early in the month sets your bill for the entire cycle, and why many sites overshoot demand response events and give up production for nothing. He says the era of 100 to 300 MW Bitcoin mines in North America is ending, and the future belongs to smaller sites on stranded wind, underutilized transformers and co-located power.I also ask Dan about how customers vote on Foreman's roadmap, why OBM won't build firmware or run a pool, whether AI-built software can replace fleet management, the total addressable market problem of a Bitcoin SaaS company, what the AI pivot means for large miners, and why ASIC manufacturers are now mining their own machines.Nothing discussed is financial advice. Do your own diligence before making mining or hosting decisions.Guest: Dan Lawrence, CEO & Co-Founder of OBM (Foreman)OBM: https://obm.ioForeman: https://foreman.mnEmail: [email protected]: https://t.me/foreman_danTimestamps:0:00 Intro1:25 What Foreman is and what it does3:35 From garage miners to fleet management4:40 How customers vote on the roadmap5:44 OBM, Foreman and Vantage explained6:49 Paying for power the day after you use it8:58 No firmware, no pool: why partnerships win10:24 Can AI-built software replace fleet management?12:33 The TAM problem of Bitcoin SaaS15:04 Hashrate volatility and the AI pivot16:08 Stranded wind and smaller sites in North America17:35 Sponsor: Altair Technology17:56 Why giant Bitcoin mines are over21:53 Manufacturers mining their own machines23:19 Off-grid solar and niche customers25:06 Why miners don't switch software27:16 Vantage: real-time meter data every 10 seconds29:46 Demand charges: paying for capacity you don't use31:34 Billing cycles most miners don't understand32:38 Overshooting demand response events33:43 Wrap-upSponsored by:Altair Technology. ASIC hardware, replacement parts and mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/HashrateUp Hardware Deals: https://t.me/hashrateupFree 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #Foreman #OBM #DemandResponse #EnergyCosts #MiningSoftware #HashrateUp

HashrateUp Hydro Hosting is live: enterprise-grade, hydro-cooled hosting in Texas, now open to small miners starting at just one machine.👉 Get started: https://hashrateup.comAfter three years of selling miners and connecting clients directly with hosts, I've decided to aggregate smaller allocations for a facility that usually only works with large orders. In this video, I explain why I waited, why I think now is a great time to mine, and how to calculate your real cost to mine one Bitcoin.My thesis: with AI competing for power, slowing ASIC efficiency gains and constrained hashrate growth, hashprice can move sharply higher. I think it's heading toward $100.TIMESTAMPS:0:00 Intro: HashrateUp Hydro Hosting0:40 Why I avoided aggregated hosting until now2:30 Proof of Prudence: cost vs. risk3:45 Why now is a great time to mine5:45 How to calculate your cost to mine 1 BTC7:30 Bitcoin price outlook: CAGR, Saylor, Strive10:00 Calculator walkthrough12:00 Hashprice assumptions & the halving14:00 Hosting terms16:30 Transparent metering & billing18:00 The site & available models19:00 How to get started📲 HashrateUp Hardware Deals: https://t.me/hashrateup📩 Free 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/Not financial advice. Bitcoin mining involves hardware, operational and price risk.#BitcoinMining #HydroHosting #BitcoinHosting #Hashprice #HashrateUp

Public Bitcoin miners shed about 75 EH/s in the first half of 2026, roughly $1.5 billion worth of mining hardware, as their power moves to AI. In this NEWS episode, Jesse breaks down who is leaving, where the hashrate is going and what it means for the miners who stay.Hashprice is back at $38.88, but a +6.3% difficulty adjustment is coming. Ethiopia cuts miners' power by 75%, CleanSpark's $6.6B lease turns out to be with Meta, and public miners carry $35B in AI debt. Meanwhile the US keeps losing hashrate while Pakistan, Venezuela and Paraguay come back online, Foundry's founding CEO steps down and Binance shuts its mining pool.Nothing discussed is financial advice. Do your own diligence before making mining or hosting decisions.Sources:Ethiopia cuts miners' power by 75%: https://news.bitcoin.com/mining/ethiopias-bitcoin-mining-boom-just-ran-into-a-water-problem/AI infrastructure debt reaches $35B: https://forklog.com/en/news/debt-financing-for-miners-and-ai-firms-reaches-35-billionCleanSpark names Meta as Sandersville tenant: https://thedeepdive.ca/cleanspark-reveals-meta-behind-6-6-billion-ai-lease-requires-2-23-billion-financing/Bitcoin's Great Unplug: https://news.bitcoin.com/bitcoins-great-unplug-1-5-billion-in-hardware-behind-the-ai-pivot/Global Hashrate Heatmap Q4 2026: https://hashrateindex.com/blog/global-hashrate-heatmap-update-q4-2026-c/Foundry CEO steps down: https://cryptobriefing.com/foundry-ceo-mike-colyer-steps-down/TeraWulf expands Muskie to 1 GW: https://news.constructconnect.com/terawulf-expands-kentucky-data-center-power-commitment-to-1-gwBinance shuts down its mining pool: https://cointelegraph.com/news/binance-shut-down-crypto-mining-pool-novemberTimestamps:0:00 Hashprice $38.88 and a +6.3% difficulty adjustment0:00 Hashrate back to May levels0:00 Ethiopia cuts mining power by 75%0:00 $35B in debt behind the AI build-out0:00 CleanSpark's $6.6B Meta lease0:00 Sponsor: Altair Technology0:00 Bitcoin's Great Unplug: $1.5B in hardware0:00 Where hashrate is moving: Q4 heatmap by country0:00 Foundry CEO steps down as block share falls0:00 TeraWulf expands to 1 GW0:00 Binance shuts down its mining pool0:00 Hydro hosting aggregation, starting from one machine0:00 Outlook: hashrate vs difficultySponsored by:Altair Technology. ASIC hardware, replacement parts and mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/HashrateUp Hardware Deals: https://t.me/hashrateupFree 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #Hashrate #AIPivot #MiningPools #Ethiopia #CleanSpark #BitcoinNews #HashrateUp

Cheap power means nothing if the government turns against you. Giannis Andreou, CEO of Bitmern Mining, started hosting Bitcoin miners in the UAE on agricultural power below 6¢/kWh, was forced out when the government banned that power, moved to Ethiopia, and is now watching the same story repeat as the Ethiopian government takes over mining and large operators pack up and leave.Giannis breaks down what went wrong in both countries, why it took 45 days to get his miners out of the UAE, how Ethiopia's uptime fell to 70% before things got worse, and why exporting miners from Ethiopia comes with a 35% tax. His conclusion: own the land and the infrastructure, or don't build on it at all.We also cover his pivot to buying two farms in Texas (5.5 MW and 8 MW), why AI data centers pay 17 to 25¢/kWh while he found power at 3.9¢, why he stopped retail hosting, a 20 MW joint venture opportunity in Brazil, and how he borrowed against mined Bitcoin to pay for power at $25K and held it to $107K.Nothing discussed is financial advice. Do your own diligence before making mining or hosting decisions.Guest: Giannis Andreou, Founder & CEO of Bitmern MiningBitmern Mining: https://www.bitmernmining.comBitmern on YouTube: https://www.youtube.com/@bitmernminingGiannis on X: https://x.com/gandreou007Giannis on Instagram: https://www.instagram.com/gianisandreouGiannis on LinkedIn: https://www.linkedin.com/in/giannisandreou/Timestamps:0:00 Intro0:46 From crypto YouTuber to Bitcoin miner2:23 Central banks and the case for mining4:21 Greece, Cyprus and the banking crisis6:39 Why the UAE in 20237:35 Agricultural power below 6¢/kWh8:43 Renting farms vs building your own9:29 How to choose a hosting partner11:07 Leaving the UAE: 45 days to move miners12:30 UAE loopholes and $600K per MW capex13:38 Ethiopia: from great to complete disaster15:02 The lesson: own the land and the farm15:45 Sponsor: Altair Technology16:16 Why 30 minutes from the airport is a red flag17:40 The pivot: buying 5.5 MW and 8 MW in Texas18:37 Bitcoin mining vs AI: 3.9¢ vs 25¢/kWh21:12 Why he stopped retail hosting22:56 Finland, Norway and the hidden costs abroad23:44 Ethiopia's 35% export tax on miners24:44 Manufacturer JVs and 20 MW in Brazil25:51 Is Bitcoin mining becoming institutional only?27:31 Why hashrate didn't drop at $60K28:36 Will Bitcoin average above $120K?30:31 Borrowing against BTC to pay for power32:51 Communicating downtime to customers34:18 Bribes, quotas and the 20% energy rule35:24 Wrap-upSponsored by:Altair Technology. ASIC hardware, replacement parts and mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/HashrateUp Hardware Deals: https://t.me/hashrateupFree 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #Ethiopia #UAE #BitmernMining #TexasMining #MiningHosting #HashrateUp

Texas is ending 4CP. The incentive that saved flexible miners roughly $50,000 per MW per year is likely in its final season, and ERCOT is moving toward 12CP by 2028. Haley Thomson, Director of Energy at Luxor, explains what that means for Bitcoin miners and who ends up paying for the grid.Haley breaks down how 4CP actually works, why firm loads are pushing for change, and how 18+ GW of new battery storage has compressed capacity prices across ERCOT. We also cover why Bitcoin mining is close to the perfect grid-balancing load, how batteries and miners compare as grid assets, and how Luxor performed what's likely the first 4CP curtailment of GPUs in ERCOT.We also walk through the Luxor Energy dashboard live, from tracking load against breakeven to iMiner underclocking, 4CP buffer settings and what it really costs to be online during a peak. At the time of recording, 4CP season 2026 was likely already over.This episode is not sponsored by Luxor. Nothing discussed is financial advice. Do your own diligence before making energy or mining decisions.Guest: Haley Thomson, Director of Energy at Luxor TechnologyLuxor Energy: https://luxor.tech/energyHaley on Hashrate Index: https://hashrateindex.com/blog/author/haley/Luxor: https://luxor.techTimestamps:0:00 Intro0:45 Can AI provide grid flexibility?1:31 The first GPU 4CP curtailment in ERCOT3:45 What 4CP is worth: ~$50K per MW per year6:02 How 4CP works and who pays for the grid8:54 Why Bitcoin mining is the perfect flexible load11:45 Adding 60 GW of renewables: the transmission bottleneck14:00 Why firm loads want 4CP gone16:43 How miners lower off-peak energy prices20:57 Renewables, congestion and transmission costs24:54 12CP explained: what changes for miners29:29 Curtailing at $0 power: the solar mismatch31:04 How 18 GW of batteries reshaped ERCOT36:22 Battery vs Bitcoin mine39:10 Capex: batteries vs hydro vs air-cooled mining41:49 Luxor Energy dashboard walkthrough43:54 iMiner: raising breakeven from $75 to $90/MWh45:28 4CP buffer settings and risk48:58 What missing a 4CP peak really costs51:54 The AI pivot and tier-zero data centers55:11 Where to find Haley and Luxor EnergySponsored by:Altair Technology. ASIC hardware, replacement parts and mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/HashrateUp Hardware Deals: https://t.me/hashrateupFree 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #ERCOT #4CP #LuxorEnergy #HashrateUp

Matteo Spinosa, founder and CEO of Doefin, built the first accessible prediction market for Bitcoin miners to hedge difficulty. Doefin lets miners and traders take a directional view on network hashrate — or lock in revenue certainty before difficulty spikes — using a Polymarket-style venue where price equals probability.In this episode, Matteo breaks down why Bitcoin miners have historically been unbankable and uninvestable: difficulty volatility has run twice as volatile as the S&P 500, making cash flow impossible to forecast. Doefin gives miners a primitive tool to stabilize revenue, or to speculate on where hashrate is going.We cover how the Oracle works (SHA-256 validation of Bitcoin block headers, secured by the network itself), why settlement is non-custodial via cbBTC on Base, and how a miner can hedge a specific amount of petahash against a difficulty increase. Matteo also walks through a live demo of the platform, explains the "For Miners" hedging tool, and shares why Doefin stays out of scope regulation-wise with legal opinions in the UK and Mauritius.Doefin launched to the public one week before recording, already has seven miners trading (roughly 0.15 BTC in volume), and is building toward a full forward curve for hashrate.Guest: Matteo Spinosa, CEO and Founder of DoefinDoefin: https://www.doefin.com/Matteo on X: https://x.com/MatteoDoefinDoefin on X: https://x.com/DoefinOfficialTimestamps:0:00 Intro: what is Doefin and the gap it fills4:00 Price equals probability explained9:30 The Oracle problem: how difficulty is validated15:00 Liquidity and finding the first miners20:30 Licensing, non-custodial structure and regulation25:00 Platform demo: deposits, markets and taking a position32:00 The "For Miners" hedging tool walkthrough38:00 What's next: forward curve, Asia and scalingSponsored by:Altair Technology. ASIC hardware, replacement parts and mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/HashrateUp Hardware Deals: https://t.me/hashrateupFree 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #Hashrate #DifficultyHedging #Doefin #PredictionMarket #HashPrice #HashrateUp

Elmeri Suomi runs a heating company that happens to mine Bitcoin. His product, the SunBit Bitcoin Boiler, drops one or two hydro-cooled ASICs into a water tank, heats a house to 60°C, and lets the mining revenue pay the power bill — in the best case leaving the homeowner in profit on their heating. He started in water-to-air heat pump sales, began mining as a hobby in 2020, and founded SunBit in 2023 once the two worlds clicked.In this episode we get into the economics that make consumer-scale mining work at 7–12¢/kWh power: not fat mining margins, but offsetting an oil bill that can run 3,500 litres a year at €1.80/litre. Elmeri walks through the ROI (two years best case, five years worst), why he explains everything in cents per kWh instead of hashprice, and how spot-price optimisation and solar over-production feed into the tank.We also cover why he abandoned immersion after too much grey hair — dissolved cooling paste, dead S21s and oil everywhere — and landed on hydro; why the boxes are Antminers, not Whatsminers (60°C is all you need once you're past Legionella at 52–55°C); the 3×25A wiring that lets it fit a normal Finnish home; the first installs in Kotka and Nokia plus the first international job in the Netherlands; and the pre-seed raise now funding a 100 kW industrial version.Guest: Elmeri Suomi, CEO & Founder of SunBit OySunBit: https://sunbit.fi/enSunBit on X: https://x.com/SunbitOySunBit on LinkedIn: https://www.linkedin.com/company/sunbit-oy/Timestamps:0:00 Intro: a heating company that mines Bitcoin4:30 Where the savings really come from — offsetting the oil bill11:00 Explaining hashprice vs cents per kWh, pool and Lightning17:30 Skepticism, "is this legal?" and the remote-managed mini-PC23:00 Why hydro beat immersion — the grey-hair story29:00 First installs, the total market and the pre-seed raiseSponsored by:Luxor. Mining pool, firmware, hardware trading and hashrate toolshttps://luxor.tech/Altair Technology. ASIC hardware, replacement parts and mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/HashrateUp Hardware Deals: https://t.me/hashrateupFree 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #HeatReuse #BitcoinBoiler #SunBit #Finland #HydroCooling #HomeMining #ASIC #Bitcoin #HashrateUp

Hash price is holding at elevated levels, but Bitcoin mining is entering a very different kind of market. Public miners are shedding hashrate, AI infrastructure keeps absorbing power, and for the first time in years the network may be facing a genuine period of declining hashrate.In this news roundup: Zcash mining economics are exploding as Z15 Pros generate multiples of current Bitcoin mining revenue, Tether walks away from a $120M mining investment in Uruguay after a power dispute, Bitdeer approaches 9% of Bitcoin block rewards, and AWS + Nvidia plan another 2 million GPUs as AI infrastructure keeps expanding.We also look at Sweden's VAT crackdown on crypto miners, Bitdeer's $100M Texas land acquisition for AI/HPC expansion, Canaan pausing mining operations in Ethiopia, and Demand's new Stratum V2 transaction acceleration model that could change how mining pools compete for hashrate.The bigger question: if AI keeps winning the competition for power in developed markets, where does Bitcoin mining go next — and what happens when pools have to fight over a shrinking hashrate pie?🛠 Sponsored by:Altair Technology — ASIC hardware, replacement parts & mining infrastructureCode: HASHRATEUPhttps://altairtech.io/aff/125/Luxor — Mining software, firmware & hashrate toolshttps://luxor.tech/Timestamps:0:00 Intro — Hash price & difficulty outlook1:22 Zcash mining surge — Z15 Pro economics4:43 Tether's $120M Uruguay mining bet collapses7:04 Sponsor: Altair Technology7:30 Bitdeer nears 9% of Bitcoin block rewards8:00 AWS + Nvidia plan another 2 million GPUs8:48 Bitcoin miners outperform the AI trade9:32 Sweden's VAT crackdown on crypto miners11:52 Bitdeer buys 200 acres in Texas for AI/HPC expansion12:42 $31.6T projected data center spending through 205014:05 Sponsor: Luxor14:40 Public miners shed 56 EH/s as AI retrofits accelerate15:12 Canaan pauses Bitcoin mining operations in Ethiopia16:04 Demand brings transaction acceleration to Stratum V217:14 Bitcoin's first declining-hashrate environment17:58 Final thoughts & mining market opportunities📊 HashrateUp Hardware Deals: https://t.me/hashrateup📩 Free 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/#BitcoinMining #HashPrice #Zcash #ArtificialIntelligence #BitcoinHashrate #Bitdeer #Tether #DataCenter #StratumV2 #MiningPool #BitcoinNews #HashrateUp