Difficulty Adjustment Streak Poised to Break

The historic streak of eight straight positive adjustments to Bitcoin mining difficulty is likely coming to an end; the next projected adjustment is a decrease of ~1.49%.

The negative adjustment is likely a result of the extremely cold temperatures across North America leading to increased downtime and curtailment for North American miners.

Precious Metals Miner ($CRML) Accumulating Bitcoin

While this is not Bitcoin mining specific news, a publicly traded precious metals miner, Critical Metals Corp., has announced the adoption of a corporate Bitcoin strategy. They will be raising $500,000,000 through convertible notes in order to acquire BTC.

This company mines physical commodities, but it’s the scarce, digital commodity that they want to use as their primary store of value. The Peter Schiff’s of the world must have their head in a spin seeing this. $CRML is simultaneously inflating the supply of precious metals while also decreasing the available supply of Bitcoin. This is a speculative attack.

Read their press release here.

Antminer S21 XP Profitability

With Bitcoin knocking on the door of new all-time highs, here’s an updated snapshot on the profitability of Bitcoin mining. This table looks at the latest machine to hit the market, the Antminer S21 XP.

5 machines produce a monthly profit of ~$1,577. The effective cost of production is ~$42,000, which means the operating margin is north of 150%!

Blockware’s “Mining as a Service” (MaaS) allows you to mine Bitcoin without lifting a finger. We have S21 XP’s plugged in at our datacenters right now — and they’re available for purchase!

Click here to check out our Marketplace where you can see real-time analytics on our miners, and make an immediate purchase using BTC or fiat.

If you’d like a more hands-on mining experience, fill out this form on our website. One of our Account Executives will be in touch and they can walk you through our entire product and service offerings!

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.

Strategic Bitcoin Reserve Analysis

Blockware Head Analyst, Mitchell Askew, was joined by Brandon, Founder of Green Candle, to discuss the implications of a Donald Trump Presidency on Bitcoin.

Check it out!

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.