PowerCompute Raises Hashrate 11.8% with New Bitmain Miners

PowerCompute Inc., based in Tampa, Florida, is set to expand its Bitcoin mining capacity with a series of upgrades and new equipment deployments. The company’s Oklahoma facility will install 1,000 Bitmain Antminer S19 XP miners by September 30, 2026, following an additional 940 units ordered for October delivery, bringing the total to 1,940 machines. These upgrades aim to increase the facility’s hashrate from 771 petahashes per second (PH/s) as of June 30, 2026, to approximately 862 PH/s—a cumulative 11.8% boost. The new miners, averaging 132 terahashes per second (TH/s), replace older models rated at 100 TH/s or below, while displaced Oklahoma units will be relocated to the Mississippi facility to replace existing S19 units averaging 95 TH/s. The new machines operate at about 21.5 joules per terahash, compared with 34 joules per terahash for the retired units, maintaining similar power draw but improving efficiency. PowerCompute operates 26 megawatts of infrastructure across both facilities, funding the $400,000 purchase from cash reserves and a Bitcoin holdings of 323 coins, valued at roughly $27.8 million at a price of about $86,000 per Bitcoin as of August 31, 2026. The upgrades are expected to generate an incremental annual revenue capacity of approximately $1.2 million before accounting for curtailment or downtime, assuming a hashprice of $40 per PH/s per day. Chairman Bruce M. Rodgers noted that each replacement machine yields nearly 39% more hashrate on the same power footprint, underscoring the efficiency gains of the new equipment.