🪙 Seventeen years ago, on January 12, 2009, the creator of the first cryptocurrency, operating under the pseudonym Satoshi Nakamoto, sent the very first transaction on the network to developer Hal Finney.

In that initial transaction, Satoshi sent 10 coins as a test. Finney later mentioned it on his X (formerly Twitter), after which the phrase “Running bitcoin” became truly legendary. Over the following days, Finney exchanged emails with Bitcoin’s creator, helping identify and fix early bugs in the system.

Hal Finney played a crucial role in the history of digital gold and, according to one theory, may even have been its creator. However, Finney himself said that Satoshi’s true identity remained a mystery to him. He believed he was communicating with “a young man of Japanese descent — very intelligent and sincere.”

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🐂 Current price list as of 12.01.2026 for equipment orders

UMINERS — the largest distributor of mining equipment directly from manufacturers.

✅ Direct contracts with manufacturers Bitmain, MicroBT, Bitdeer and Canaan.
✅ Worldwide logistic service.
✅ 1-year warranty on all equipment from the manufacturer.
✅ Hosting in our data center on favorable terms.
✅ Personalized approach to each client.
✅ Localization of the company's offices in several countries around the world.

Contact our sales team:

🖇 sales@uminers.com
💬 WhatsApp
💬 Telegram
📞 +852 64825025
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Subscribe 🏆 @uminers

🐂 Current price list as of 14.01.2026 for equipment orders

UMINERS — the largest distributor of mining equipment directly from manufacturers.

✅ Direct contracts with manufacturers Bitmain, MicroBT, Bitdeer and Canaan.
✅ Worldwide logistic service.
✅ 1-year warranty on all equipment from the manufacturer.
✅ Hosting in our data center on favorable terms.
✅ Personalized approach to each client.
✅ Localization of the company's offices in several countries around the world.

Contact our sales team:

🖇 sales@uminers.com
💬 WhatsApp
💬 Telegram
📞 +852 64825025
―
Subscribe 🏆 @uminers

📈 Hashprice: one chart that explains almost everything

In mining, there are dozens of metrics: BTC price, network difficulty, fees, uptime, efficiency, electricity rates, and more. But there is one metric that brings all of this together into a single point — hashprice.

This is not a trading indicator. It reflects the current state of the network’s economics.

Hashprice is the daily revenue per unit of hashrate. In one chart, it combines BTC price, network difficulty, transaction fees, and competition among miners.

That’s why it’s more honest than any single metric on its own. The price of BTC can go up while hashprice goes down. Fees can spike without changing the overall picture.

Hashprice doesn’t show market sentiment — it shows how much the network actually pays for computation.

BTC price is an external factor; it’s the same for everyone.
Hashprice is the internal economy of mining.

When you analyze the chart, one thing becomes clear: this is not a flat line and not a simple “upward trend.” It’s a fluctuating economy with a life of its own. Hashprice can decline for months without any collapse in BTC price. It can recover without market euphoria. It reacts not to headlines, but to a combination of real factors.
BTC price can inspire.

Hashprice forces you to do the math.

Looking at the profitability chart over the last two cycles, one thing is clear: the current BTC price is still very far from triggering a new mining “gold rush” like in previous periods. Competition for new coins continues to grow, even though hashrate and network difficulty have recently shown relatively stable dynamics — without sharp growth or decline. We are far from repeating the scenarios of the last two cycles, and it’s possible that such a repetition may never happen again.

This chart makes no promises. It simply shows who survives, who earns, and who still hasn’t fully understood what’s really going on.

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🇬🇪 Crypto mining spikes in Georgia amid low electricity rates and favorable regulations

Georgia is reporting a surge in cryptocurrency mining spurred by affordable electricity prices and the legalization of the industry.

According to official stats, mining enterprises are now using around 5% of the electric energy generated in the South Caucasian nation.

More details on uminers.com

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