Part 9/14:
Hardware efficiency remains a critical focus. The conversation highlights recent deals involving advanced mining chips from Bitmain—the S21 Pros—offering dramatic improvements in energy efficiency, achieving as low as 15 joules per terahash compared to older models. These technological upgrades enable the company to reduce operational costs, improve margins, and sustain profitability during challenging market cycles.
Similarly, the hardware market—dominated by Nvidia GPUs for AI applications—is paralleling the mining hardware sector. Scarcity of GPUs, surge in demand from AI companies, and supply chain constraints mirror earlier mining hardware dynamics.