8 Consecutive Positive Difficult Adjustments

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 [email protected] 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!