OneMiners claims 1.964 GW of mining capacity

OneMiners says it has expanded its global bitcoin mining infrastructure to 1.964 GW of capacity and 176,760 PH/s of hashrate. The company is promoting a seven-year prepaid electricity model designed to lock in power prices over the full contract period. The announcement matters because energy pricing remains the main driver of mining profitability, while competition among hosting providers continues to intensify.

OneMiners expands its mining capacity

OneMiners stated that its combined operational and pipeline footprint has reached 1.964 GW. The company also says it can provide 176,760 PH/s of total hashrate capacity across multiple locations. These include sites in the United States, Nigeria, Ethiopia, the UAE, Finland, Norway, Canada, Kazakhstan, Brazil, Paraguay, Czechia, and China.

According to the company, the hosting model is built around seven-year prepaid electricity contracts. The goal is to give customers a fixed power rate for the full term and reduce exposure to future energy market volatility. OneMiners says its lowest published rate is 3.64 cents per kWh in Nigeria, while several U.S. locations are listed at 4.55 cents per kWh under the same structure.

The company also highlights seven-year warranties, average uptime ranging from 97% to above 98%, equipment insurance, and remote monitoring tools. At some U.S. sites, installation is advertised as free of charge.

Why demand for hosting is increasing

Bitcoin mining economics are increasingly shaped by electricity costs and infrastructure reliability. Since the halving, operators have been under more pressure to secure predictable margins. As a result, hosting providers are trying to differentiate through pricing stability, scale, and service packages.

OneMiners is positioning around three core elements:

• fixed long-term electricity pricing;
• broad geographic diversification;
• bundled hosting, warranty, and insurance support.

The company is also using hardware performance as part of its pitch. In the text, it highlights the Antminer S23 Hydro 3U, which it describes as delivering 1.16 PH/s at 9.5 J/TH. At the same time, OneMiners says it plans to add AI servers alongside ASIC miners at some facilities, pointing to a hybrid infrastructure strategy.

Implications for industry competition

If the company’s figures hold up in practice, the model could raise pressure across the mining hosting sector. Long-term power contracts reduce uncertainty for clients and make mining returns easier to model.

This may lead to several effects:

• stronger demand for long-duration hosting agreements;
• more competition around electricity pricing;
• greater pressure on smaller hosting providers;
• increased focus on uptime, warranties, and insurance.

At the same time, the headline numbers, including total capacity and location-level pricing, come from the company itself. Actual competitiveness will depend on site availability, execution, and the terms attached to each contract.

How mining models are evolving

The announcement reflects a broader industry shift. Bitcoin mining is becoming more infrastructure-driven and less dependent on hardware alone. For large customers, total operating costs, power certainty, and service quality now matter as much as raw hashrate.

Another point stands out. Hosting providers are no longer talking only about bitcoin mining. They are increasingly framing their sites as flexible compute infrastructure that may later support AI workloads as well. That means the next phase of competition will likely center on scale, energy procurement, and the ability to serve both miners and AI clients.

For the industry, this signals a move away from simple rack space offerings. The market is evolving toward integrated infrastructure platforms built around energy, reliability, and long-term margin protection.

Read also: Bitcoin mining in Russia faces cost pressure