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PowerCompute to boost Bitcoin mining capacity 10% with 600 new S21++ miners by mid-December

Protocol Fundamentals
13 Nov 2026, 19:43 WIB
Tokenpost
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Bullish
PowerCompute to boost Bitcoin mining capacity 10% with 600 new S21++ miners by mid-December

PowerCompute, Inc. plans to increase its Bitcoin mining hash rate by about 10% to roughly 880 PH/s by mid-December by adding 600 new S21++ miners. The company paid cash for these machines in November, which are expected to add 80–85 PH/s to its capacity. In Q3, PowerCompute's Bitcoin production rose 36% year over year, with a mining margin of 50.7% after curtailment and energy sales, up from 29% in Q2. The company also significantly reduced secured debt, using Bitcoin holdings to repay an Arch credit facility in September, lowering secured debt to $1.25 million.

PowerCompute's plan to boost Bitcoin mining capacity provides context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Nov 14, 2026 00:41 WIB: Among 50 major cryptocurrencies priced on Pluang, 20 rose and 29 fell today. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, EOS (EOS.IO) at Rp12.649 up 8.13%, and GRT (The Graph) at Rp330 rising 7.11%, though GRT saw 93% sell orders versus 7% buy orders.

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