🪐Bitcoin will be mined in space

While some miners are rushing into AI, some compute firms are moving in the opposite direction.

The reason is simple:
ASIC miners are up to 30× cheaper per watt than GPUs.

One project that has been building AI data centers in orbit is now adding ASIC miners to its plans.

💥But the real story isn’t about space. It’s about mining economics

In our new video, we break down what actually matters for profitability today:

• What makes ASICs structurally more efficient than GPUs?
• Where is the real cost advantage hiding?
• And what should miners focus on in 2026?

⚡️Watch the video if you want to stay ahead

👉 Upgrade with Vnish

📉Bitcoin hashrate drops below 1 ZH/s

Bitcoin network hashrate has fallen to ~930 EH/s, continuing the downtrend that started after the October peak of 1.1 ZH/s. Unlike short-term dips from weather, this drop reflects miners stepping back as profitability compresses.

Hashprice remains around $30/PH/s, putting pressure on operators with higher electricity or financing costs. Even large public miners are seeing reduced cash flow, leading to machine shutdowns and slower deployment.

The network is already adjusting. Average block times have increased to ~10.9 minutes, and difficulty is expected to fall ~8%, the largest adjustment since 2021 (excluding weather events).

💡Turning off machines is the last option — a simpler way to save costs is using smart firmware

👉 Upgrade with Vnish

💥Vnish × EMCD: More profit, less cost — From both sides

We’ve partnered with EMCD — one of the most trusted mining pools on the market. This collaboration is built around one goal: help Vnish users mine more efficiently and keep more of what they earn.

The market is simple today: those who control costs and performance stay profitable. Everything else gets pushed out. That’s why we focus on both sides of your setup.

With Vnish firmware, you get clear, measurable gains:
• up to +24% more hashrate
• up to -30% lower cost per TH
• stable performance

Now add EMCD on the pool side. You get flexible terms and a stable infrastructure with 36 EH/s. Reliable pool performance means fewer losses and more predictable returns.

⚡️The result:
• Vnish — more hashrate, lower cost per TH
• EMCD — lower pool fees, stable payouts

💡Together, it’s a tighter, more efficient mining setup where you keep more of your profit.

👉Get the details in our Telegram chat — just send the word “pool” 🚀

😨 Bitcoin’s fees drop 27% as network activity slows

Bitcoin is holding near $70K, but the market is clearly in a cooling phase. On-chain data shows transfer volume down 31% over the past month, while daily fees dropped 27%.

For miners, this is not just a side metric — fees remain a meaningful part of total revenue. Combined with already compressed mining rewards, this creates tighter operating conditions across the board.

This stability can be misleading. If Bitcoin moves up, competition will increase quickly. If it drops, margins will tighten even further. In both cases, efficiency is what keeps you competitive.

👉Upgrade with Vnish

🎛️ 40% of Bitcoin’s hashrate comes from used machines

The ASIC market is changing. Today, up to 40% of the network runs on older models — mostly S19 series — actively traded on the secondary market. New machines like S21 are powerful, but they are expensive and hard to get.

In 2026, access is the main problem. US tariffs on Asian hardware and customs delays are slowing down deliveries. For many miners, buying new machines is no longer simple — it’s costly and uncertain.

This is why used hardware is back in focus. Not as a cheap option, but as a smart one. With the right firmware, older machines can deliver much higher performance.

From Vnish data:
S19 XP → +16.3% hashrate
S19k Pro → +24.2%
S21 → +14%
T21 → +15.1%

👉 Upgrade with Vnish

📌 How to configure Advanced settings in Vnish firmware — Part III

We continue our short series on Mining section setup in Vnish firmware.

In Part III, we move into the Advanced section and break down features that directly impact stability and hardware protection:

• Restart mining if hashrate drops below threshold
• Chips critical temperature control (fan response or mining restart above 100°C)
• Max restart limits under overheating
• Adapt voltage to temperature

This guide shows how to configure these parameters to maintain stable operation and respond correctly to thermal stress.

In the next episodes, we’ll continue with the Advanced section and move on to Fees.

📣Stay tuned!

⚡️Upgrade with Vnish

🔥 Vnish at Crypto Summit — starting tomorrow

On March 25–26, the Vnish team will be at Crypto Summit 2026 — one of the largest crypto gatherings this spring.

• 10,000 participants
• 70 speakers
• 2 days of non-stop networking

We’ll be there to meet partners and miners in person — to go straight into what matters: how to get more efficiency out of your current setup and discuss conditions that actually make sense for your operation.

If you’re attending, this is a good moment to sit down with our team and talk specifics — not theory.

📍 March 25–26
📌 Moscow

Two days to align, compare approaches, and leave with clearer numbers

⚡️Upgrade with Vnish

🔥 Crypto Summit is live — and Vnish is on site

The first day has started, and the venue is already full — conversations, meetings, and real momentum across the floor.

The Vnish team is here, meeting partners and miners in person and getting straight into what matters: efficiency, performance, and the numbers behind it.

If you’re at Crypto Summit, come find us👋

Today and tomorrow are a good chance to exchange insights and discuss how to get more out of your mining.

⚡️Upgrade with Vnish

😨Mining economics break down: 1 in 5 miners operating at a loss

Another crypto firm just dropped fresh industry data — we pulled the key numbers

•20%+ of miners are already unprofitable
•Hashprice fell to ~$28–31/PH/s/day in Q1 2026
•Average cost to mine 1 BTC reached ~$80k

The AI shift gets attention, but reality is more nuanced:

•Miners are still choosing cheaper, intermittent power sources. These setups work for mining but are unsuitable for AI
•Mining infrastructure ~$0.7–1M per MW; AI infrastructure ~$8–15M per MW

☝️As a result, even companies expanding into AI still depend on mining

Now the key bottleneck — hardware:

A significant share of the global fleet still runs on S19-class machines. They’re much cheaper than new-gen rigs

But at current conditions:
•Break-even power for S19 XP dropped to ~$0.077/kWh
•At $30 hashprice, anything above ~6¢/kWh is loss-making

The issue isn’t the hardware itself — it’s efficiency per watt.

💡Upgrade with Vnish

⚒️Bitcoin hits 20 million mined coins — over 95% of supply is gone

A major milestone for the network: the vast majority of BTC has already entered circulation, with less than 1 million coins still left to mine. The remaining supply will be released slower than ever, following Bitcoin’s fixed issuance model.

We’ve prepared a short video on what this means for miners

• How does this shift the balance of competition?
• Where do margins move as issuance tightens further?
• What becomes the key edge as rewards keep declining?

👉 Watch the full video

⚡️Upgrade with Vnish

🔥 Vnish on stage in Las Vegas

This April, the Vnish team will be at Bitcoin Conference 2026 in Las Vegas — not only on the expo floor, but also on stage.

Our Global Business Development lead Bradley Peak has been announced as a speaker and will join a panel discussion focused on one of the most important questions for miners today: how to uncover hidden efficiency and turn small operational improvements into real profit.

The session will bring together mining operators and infrastructure experts to talk about squeezing more performance out of existing fleets — through smarter tuning, stronger uptime, and better operational discipline.

If you’re attending the conference, it’s a great opportunity to hear Bradley’s perspective on where mining efficiency is heading — and then continue the conversation with the Vnish team in person.

📍 April 27–29, 2026
📌 Las Vegas
📍 The Venetian

See you there👋

💡Upgrade with Vnish

😳 Bitcoin mining difficulty fell 7.7%

Bitcoin mining difficulty has dropped to around 134T — the second major decline this year

Miners have already seen the numbers. The real question is what is behind them.

We analyzed the latest difficulty cut, the slowdown in block times, and the growing pressure on miners.

• Why are more machines going offline?
• Why is difficulty falling again?
• And who will benefit most from the next shift in the network?

👀We break it down in our new video

⚡️Upgrade with Vnish

📌 How to set up advanced stability controls in Vnish Firmware — Part IV

We continue our Mining setup series with another look at the Advanced section

In this part, we cover the settings that help miners stay stable when temperatures rise, chips fail, or startup conditions change:

• Quiet mode — lowers fan speed during cooling
• Downscale preset on failure — automatically reduces performance if the miner overheats or reports errors
• Chain integrity check — verifies that every chip responds and restarts the miner if needed

These settings help protect hardware, prevent unstable behavior, and keep your operation running smoothly under real-world conditions.

Next: more Advanced settings and the Fees section

📣 Stay tuned!

⚡️Upgrade with Vnish

🤝CASE STUDY: Vnish increased hashrate by 23% on a 160+ ASIC farm

A mining operator with 160+ ASICs switched to Vnish after another custom firmware could no longer meet the farm’s needs.

The previous solution struggled with several board revisions, offered limited diagnostics, and required frequent manual intervention to maintain stable overclocking.

The operator switched to Vnish because industrial-scale farms increasingly choose the firmware that offers the deepest level of control.

According to the latest University of Cambridge mining industry report, Vnish is now the world’s most widely used third-party ASIC firmware, with 26.4% adoption among miners globally

💥Result: +23% output, less downtime, and full control across 160+ ASICs

⚡️Upgrade with Vnish

⏳One week left to vote for Vnish

In 7 days, voting for Blockchain Life Awards 2026 will close — and Vnish is still in the race for Mining Company of the Year🏆

Seeing your support over the past days has meant a lot to us. Every vote, every message, every repost reminds us that Vnish is more than a company — it’s a community built together 🤝

If you’ve been mining with Vnish, tuning your fleet with us, or simply following our journey, we’d love to ask for one more thing: help us cross the finish line.

🔥Voting ends on April 11

👉You can vote for Vnish:
• in the official Blockchain Life Awards Telegram Mini App
• on the official awards website

📣The winners will be announced on April 15

Thank you for every vote and for being part of what Vnish has become 💛

⚡️Upgrade with Vnish

🧐 Bitcoin -50% is no longer a market failure

Bitcoin has fallen almost 50% from its October high of $126,000 to around $67,000. In past cycles, that usually meant another 80–95% collapse ahead.

Now market experts say the opposite: a 50% drawdown is a sign of a more mature Bitcoin market, with more liquidity and more institutional capital.

The numbers show it. In 2021–2022, Bitcoin fell almost 80%. In this cycle, the deepest drop has been about 52%. That is still painful, but far from previous crashes.

The same shift is changing miners. They are no longer protecting reserves at any cost. They are protecting cash flow

💡In this market, the key metric is no longer how much BTC you hold. It is how cheaply you can produce it.

👉Upgrade with Vnish