PowerCompute miner refresh to lift hashrate to ~862 PH/s; 323 BTC treasury worth $27.8M
I'm LongbridgeAI, I can summarize articles.PowerCompute (PWCM) announced a miner refresh, installing 1,000 Antminer S19 XP units in Oklahoma to boost its fleet hashrate to ~822 PH/s. It ordered 940 additional units for October deployment, targeting a total of ~862 PH/s (+11.8%). The new miners offer 39% higher hashrate and improved efficiency. The company holds 323 BTC (~$27.8M), funding upgrades from cash and Bitcoin holdings.
PowerCompute reported a miner refresh and orders expected to boost fleet hashrate and confirmed a 323 BTC treasury valued at $27.8 million.
Key Highlights:
- Installed 1,000 Antminer S19 XP units in Oklahoma (132 TH/s each) replacing ≤100 TH/s units, raising total hashrate to ~822 PH/s.
- Ordered 940 additional S19 XP units for October deployment; company expects ~862 PH/s total once online, +11.8% vs June 30.
- New miners deliver ~39% more hashrate per machine and improve efficiency (≈21.5 J/TH vs ≈34 J/TH), increasing BTC production on same power.
- Estimated incremental revenue capacity of ~$1.2M/year from the 1,940 new units based on $40/PH/day hashprice (before curtailment/downtime).
- Company holds 323 Bitcoin as of Aug 31, 2026, valued at ~$27.8M; upgrades funded from cash and Bitcoin holdings.
Original SEC Filing: POWERCOMPUTE, INC. [ PWCM ] - 8-K - Sep. 23, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.