We always have a few updates to share, and February has a project that’s near and dear to our hearts. Here are our major announcements, along with a few key highlights:

NEW! Mining Calculator

The Megawatt Bitcoin Mining Investment Calculator is online and ready for testing! 

This calculator is designed to help you test scenarios, stress assumptions, and compare optimization strageties that fit your profile the best. It’s free to use and built so you can quickly test assumptions and see how inputs drive outputs.

It provides a number of variables you can use to find your optimal investment. This is not just basics like hashrate, power cost, and time horizon, but also more granular inputs like pool fees, network growth, and of course personal investment goals.

Our goal is simple: give clients a clear view of the economics so they can move forward with confidence. You can try countless variations to find your best setup. If you come across any questions or run into a feature that can be improved, please reach out to us as well.

Next-Generation ASIC Capacity Available Today!

Last month, we announced open capacity in our newest build. What’s more, we’re offering next-generation MicroBT ASICs, the highest efficiency machines in our fleet. Since these M60S+ and M60S++ miners are online and hashing, you can start mining BTC the same day you purchase. We’re also looking forward to incoming deliveries of the new M70 series Whatsminer units, and will have more details on availability in March.

If you’re interested in expanding your fleet or getting started with us, please get in touch with us today to start the conversation.

New Client Dashboard

We’re gotten a few questions about our new dashboard, scheduled for release the first half of this year. Keep an eye out for updates as we aim to increase transparency and efficiency for clients.

• Bitcoin Network Set for Major Drop in Difficulty Bitcoin’s total network hashrate is set to drop around 12% this weekend, bringing major relief to miners. Historic levels of curtailment in the US due to the recent winter storm, along with a cycle of bringing older machines offline, has led to block times well over 11 minutes and the largest drop in difficulty since the famed “China Mining Ban” of 2022.

• Near Record Power Demand from Winter Storm As a deep freeze gripped much of the East and Midwest, the PJM power interconnection experienced a near record power demand of 141 GW. So high was the draw that operators were at one point predicting a new record. With tight generation conditions and elevated prices highlighting strain on infrastructure, we’re proud to say that Bitcoin miners curtailed over 3 GW during the storm, according to our estimate.
  

• The once-in-a-decade Winter Storm Fern led to curtailment on the PJM, MISO, and ERCOT grids for miners across the US. We ran a rough calculation that nearly 4 GW of power could have been curtailed, balancing the grid as demand for power spiked. We expect more data to come out about this major event, and how it contributed to stability during the deep freeze.
  

• Last month, we shared progress on Indiana House Bill 1042. This month, we can say we’re even closer. Much discussion has been had and Indiana Senate intends to vote on the bill this month. Fingers crossed as we continue to make Indiana a better candidate for the mining industry and Bitcoin at large.

  Thank you for being a part of Megawatt. Have feedback or want to contribute to our next newsletter? Drop us a note < [email protected] >

Looking to upgrade or expand? Here’s what’s available:

Available for Go-Live Today:

These options are on-site and ready to go, contact us for available quantities and pricing.

Models available for Spot Orders

Here are some options from our trusted manufacturers at MicroBT, Auradine, and Canaan. Some models can still be delivered within 2025 if you’re looking to offset 2025 tax burdens!

Upcoming Inventory - Reserve Today