PowerCompute (Nasdaq: PWCM) Increases October Bitcoin Production 20% Year-Over-Year as Fleet Refresh Lifts Active Hashrate 11.4%
Globe Newswire•10/11/2026•08:30 ET
0
Key Highlights
- ➤October Bitcoin production 9.0 BTC, up 20% year-over-year
- ➤Active hashrate reached approximately 800 PH/s, up 11.4% sequentially
- ➤Fleet refresh added approximately 900 more efficient miners without extra power
- ➤Energy sales generated approximately $46,000 during October curtailment periods
- ➤Bitcoin holdings reached 65.7 BTC, valued at approximately $5.1 million
Expert Statements
Bruce M. Rodgers, Chairman, Chief Executive Officer and President of PowerCompute
“We are putting more hashrate on the same power”
Bruce M. Rodgers, Chairman, Chief Executive Officer and President of PowerCompute
“Active hashrate rose about 11.1% in October 2026 without adding a megawatt, and our production is starting to reflect it.”
Bruce M. Rodgers, Chairman, Chief Executive Officer and President of PowerCompute
“We are funding the refresh from Bitcoin and cash on hand, not new debt.”
Bruce M. Rodgers, Chairman, Chief Executive Officer and President of PowerCompute
“Getting more Bitcoin out of every kilowatt-hour is the point of the refresh, and we’ll keep replacing older machines where the economics support it.”
Mined 9.0 Bitcoin in October 2026, up 11.1% from September 2025; active hashrate reached approximately 800 PH/s at October 31, up 11.4% from approximately 718 PH/s at September 30, 2026
Generated approximately $46,000 from energy sales in October 2026, held 65.7 Bitcoin at October 31, 2026, approximately $2.00 per share
Get started
Create a free account to read the full story.