NIP Group Acquires 4.47 EH/s Bitcoin Mining Capacity
NIP Group has agreed to purchase Bitcoin mining machines with a combined hash rate of 4.47 exahashes per second.
NIP Group has agreed to purchase Bitcoin mining machines with a combined hash rate of 4.47 exahashes per second. Bitcoin (BTC) is trading at ₹76,57,185 ($80,571.00), down 0.2% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Sat, 24 Oct 2026 09:15:01 UTC.
This acquisition represents a significant addition to NIP Group's mining capacity, potentially increasing its share of the global Bitcoin network hashrate by approximately 0.42% based on current network conditions.
- NIP Group acquires 4.47 EH/s mining capacity through machine purchase.
- Current Bitcoin network hashrate stands at 1066 EH/s.
- Deal subject to closing and share consideration.
- Transaction could boost NIP's position in the competitive mining sector.
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- NIP Group Acquires 4.47 EH/s Bitcoin Mining Capacity — this brief
NIP Group has entered into an agreement to acquire
Bitcoin mining machines with a combined hash rate of 4.47 exahashes per second (EH/s). This acquisition, if completed, would mark a significant expansion of the company's current mining operations.
The Bitcoin network's total hash rate, as of the time of this report, is 1066 EH/s, according to data from mempool.space. This means the acquired capacity would represent approximately 0.42% of the current global Bitcoin mining power.
The transaction, as reported by NewsBTC, is subject to closing and will involve share consideration, indicating that NIP Group may be using equity as part of the payment for the mining machines.
This acquisition comes at a time when the Bitcoin network's difficulty is at an all-time high of 140.6T, reflecting the increasing competition among miners. The purchase could help NIP Group maintain or improve its competitive position in the mining sector.
In the broader market context, the total crypto market cap is $2.77 trillion, with Bitcoin currently trading at $80,695, down 1.02% in the last 24 hours. The Fear & Greed Index stands at 51, indicating a neutral market sentiment.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹76,68,969.72$80,695.00 to ₹76,57,185.20$80,571.00 — -0.15%.
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.
Will Bitcoin dip to $80,000 October 19-25?
Crowd-implied probability on Polymarket, ₹7.41M 24h volume, resolves Oct 26 — snapshotted when this brief published (Oct 24 08:05 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 ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.26M (about $80,571.00), down 1.4% over 24 hours. The rupee itself trades about 7.9% 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.
Figures and sectors in this story, checked live against on-chain aggregators · October 24, 2026.
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.
NIP Group Acquires 4.47 EH/s Bitcoin Mining Capacity — questions & answers
What is the current Bitcoin network hashrate?
The Bitcoin network hashrate is 1066 EH/s.
How much hash rate is NIP Group acquiring?
NIP Group is acquiring 4.47 EH/s of Bitcoin mining capacity.
What is the significance of this acquisition?
This acquisition could increase NIP Group's share of the global Bitcoin hashrate by approximately 0.42%.
How much is 1 Bitcoin worth in rupee today?
About ₹8.26M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $80,571.00. 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 down 0.15% since this brief first published — trading at ₹76,57,185 ($80,571.00) now versus ₹76,68,970 ($80,695.00) 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 NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
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.