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Ninjas in Pyjamas Parent Company Expands Bitcoin Mining Capacity

NIP Group is scaling up its bitcoin mining operation with a significant hardware purchase.

NIP Group is scaling up its bitcoin mining operation with a significant hardware purchase. Bitcoin (BTC) is trading at ₹78,59,524 ($82,736.00), up 0.2% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Wed, 21 Oct 2026 07:15:01 UTC.

Why it matters

The expansion highlights the growing interest of traditional companies in bitcoin mining, contributing to the network's increasing hash rate and potentially influencing the broader digital infrastructure landscape.

Key takeaways
  • NIP Group plans to boost its bitcoin mining capacity to nearly 14 EH/s.
  • The company is accelerating its transformation into a digital infrastructure firm.
  • Bitcoin network hash rate currently stands at 1048 EH/s.

NIP Group, the publicly traded parent company of esports organization Ninjas in Pyjamas, is expanding its bitcoin mining operation with a significant hardware purchase. This acquisition is part of the company's broader transformation into a digital infrastructure firm.

The Abu Dhabi-based company announced its plans to increase its bitcoin mining capacity to nearly 14 exahash per second (EH/s). This move reflects the growing trend of traditional companies entering the cryptocurrency mining space.

The expansion comes at a time when the Bitcoin network's total hash rate is 1048 EH/s, according to mempool.space. This indicates that NIP's planned capacity, while substantial, represents a small but significant portion of the overall network.

The broader cryptocurrency market is currently in a positive trend, with the total market cap at $2.83 trillion. Bitcoin itself is up 1.19% in the last 24 hours, trading at $82,570, and has a market cap of $1.66 trillion.

The Fear & Greed Index stands at 63, indicating a sentiment of 'Greed' among investors. This suggests a favorable market environment for companies looking to invest in bitcoin mining infrastructure.

Market reaction since this brief Live

Since this brief published about 11 hours ago, Bitcoin (BTC) has moved from ₹78,43,754.99$82,570.00 to ₹78,59,524.19$82,736.00 — +0.20%.

$82,547$82,600$82,653$82,706$82,759 published · $82,570 now · $82,736 (+0.20%) Oct 20 20:05 UTC Oct 21 07:15 UTC
BeforeSince publishPublished · ₹78,43,754.99$82,570.00

The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

Prediction-market odds snapshot

Will Bitcoin dip to $50,000 by December 31, 2026?

Yes 8%

Crowd-implied probability on Polymarket, ₹15.88M 24h volume, resolves Jan 1 — snapshotted when this brief published (Oct 21 06:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹8.63M (about $82,736.00), up 1.3% over 24 hours. The rupee itself trades about 9.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#1
₹78,59,524.19$82,736.00 ▲ 1.27%
+0.20% since this brief published
7d -0.82%MCap ₹157.97TFull BTC data →
The market when this published · October 20, 2026
Total market cap₹269.17T
Bitcoin 24h+1.19%
Ethereum 24h+1.82%
BTC dominance58.6%
Fear & Greed63 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 21, 2026.

Bitcoin network hashrate1046 EH/sdifficulty 140.6Tmempool.space ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Ninjas in Pyjamas Parent Company Expands Bitcoin Mining Capa — questions & answers

What is NIP Group's planned bitcoin mining capacity?

NIP Group plans to increase its bitcoin mining capacity to nearly 14 exahash per second (EH/s).

How does NIP's planned capacity compare to the Bitcoin network's total hash rate?

NIP's planned capacity of 14 EH/s is a small but significant portion of the current Bitcoin network hash rate of 1048 EH/s.

What is the current state of the cryptocurrency market?

The total crypto market cap is $2.83 trillion, with Bitcoin up 1.19% in the last 24 hours at $82,570.

How much is 1 Bitcoin worth in rupee today?

About ₹8.63M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $82,736.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.

Has Bitcoin's price moved since this brief was published?

BTC is up 0.20% since this brief first published — trading at ₹78,59,524 ($82,736.00) now versus ₹78,43,755 ($82,570.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 21, 2026 ⛓ Timestamped at Bitcoin block #972,427 sha256:0a27dcd3c626d105
Based on reporting by Bitcoin.com — this is an original Token Times summary with live market data, not the original article.Bitcoin.com · Oct 20 20:05 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.