Difficulty Adjusts Up (Barely)

Mining difficulty inched higher with an adjustment of ~0.61%. This is now a record-breaking 8 consecutive positive adjustments – dating back to October 2024:

• 4.1%

• 3.9%

• 6.2%

• 0.6%

• 1.6%

• 4.4%

• 1.2%

• 0.6%

The average adjustment during this period is ~2.84%. However, four of the past five adjustments have been 1.6% or less. Hashrate will continue to increase in 2025, but we believe that many of the adjustments will be on the smaller side – similar to the recent adjustments.

The 8 consecutive positive adjustments can be attributed to the following reasons (in order of importance):

• Recovery from Q3 Miner Capitulation

• Advancements in Machine Technology

• Additional Hashrate Deployments

Hashprice Consolidating

With the recent Bitcoin dip, Hashprice – the primary metric of Bitcoin miner revenue – has dropped to $0.053/Th/Day. Nevertheless, this is more than 40% greater than the “post-halving” low made in August of 2024.

Miners that have survived the 3.125 epoch up to this point are efficient enough to endure short-term drops in revenue.

Blockware: Zero Lead Time Antminer S19 XP Hydro Special

The Antminer S19 XP Hydro is a great opportunity to quickly upgrade your Bitcoin mining fleet in preparation for the Strategic Bitcoin Reserve.

• 257 TH/s

• 20.8 W/TH

• $14/T

• $3,598 per Machine

• $0.078/kWh hosting

Here’s why we’re fired up about these machines:

1. Turnkey Mining: These hydro-cooled Bitcoin miners are available for purchase with zero lead time.

2. Above Average Efficiency: At 20.8 W/T, you’ll be mining more efficiently than most of the public mining companies.

3. Cost Effective & Profitable: At $14/T, the barrier to entry with this machine is low! But you’re not sacrificing profitability either — the XP Hydro profits ~$150 in BTC per month at current prices.

The leftmost column in the table below shows how a single machine performs under current market conditions. With no change in the Bitcoin Price or Hashrate, these machines will ROI in roughly 2 years.

The other columns show how the profitability of these machines increases as the price of Bitcoin increases. If you’re bullish on Bitcoin, these machines are a great way to position yourself.

Click here to contact our team for more information.

On-Chain Analysis: Long-Term Holders

Check out this video where Blockware Head Analyst, Mitchell Askew, breaks down the distribution of Bitcoin supply — and why we may be headed towards a supply squeeze.

To learn more about Bitcoin mining with Blockware, fill out this form on our website.

The table below provides a full pricing list for all the ASICs available through Blockware at this time. For those seeking to purchase ASICs in bulk (with or without hosting), contact sales@blockwaresolutions.com or reach out here.

If you’re looking to purchase individual machines, you can use our self-service marketplace to pay with BTC and start mining immediately!

All content is for informational purposes only. This Blockware Intelligence Newsletter is of general nature and does consider or address any individual circumstances and is not investment advice, nor should it be construed in any way as tax, accounting, legal, business, financial or regulatory advice. You should seek independent legal and financial advice, including advice as to tax consequences, before making any investment decision.