Green September, Uptober Next

Bitcoin closed out September with its best run in months, climbing toward $87,000.

The bond market is telling a different story. The 10-year Treasury yield passed 5% for the first time since 2007. The US government has to pay more to borrow because buyers want a bigger return before they'll hold its debt.

Bitcoin doesn't have that problem. Its supply is fixed, and nobody has to be paid to hold it. Mining adds a yield of its own: your hashrate pays you in bitcoin every day.

Pre-tax Season Deal

Buy miners here

Finance your operations with a bitcoin-backed loan with Arch Lending

Need capital for more machines? Arch does bitcoin-backed loans, so your stack stays intact while you expand. Collateral held in qualified custody.

Learn more here

Midwest Bitcoin Summit

The team was in Columbus for the Midwest Bitcoin Summit, where Ilya was a speaker and where we also had the chance to meet with our partners. Thanks to everyone who stopped by. It was good to catch up in person.

Let us know which conferences you're attending next. We'd love to connect there.

Big Miners Head to AI - Public miners are moving power to AI, leaving more of each block for miners who stay in Bitcoin. CoinShares reports network hashrate is running well below its usual growth pace, so the same 3.125 BTC per block is split across less competition.

Green September, Uptober Next - Bitcoin is up 7.8% in September, historically its weakest month, following a 25% August. In each year September closed green (2015, 2016, 2023 and 2024), Q4 followed with gains, including 57% in 2023 and 48% in 2024. October is Bitcoin's strongest month on average, which is where the name Uptober comes from.

Coldcard Security Advisory - Coinkite disclosed a seed generation flaw affecting Mk2, Mk3, Mk4, Mk5 and Q. Updating firmware fixes new seeds but does not repair an existing one, so anyone who generated a seed on older firmware needs a new seed and a migration of funds. If you self-custody on a Coldcard, read the advisory and move carefully.

The Cheapest Entry in Years - ASIC prices track Bitcoin's cycles, and with the market well off its 2025 high, current-gen machines cost less of bull-run pricing. For anyone looking to build a position, that makes now one of the better windows in years to deploy at a low hardware cost basis.

Thank you for being a part of Megawatt. Have feedback or want to be featured in 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. These models are all eligible for 100% bonus depreciation if you’re looking to offset 2026 tax burdens!