Pow.re is now primed to lead hashrate financialization.
Since 2009, hashrate has generated billions of dollars in revenue for bitcoin miners worldwide. As a highly liquid commodity, hashrate is continuously tradable in global markets.
Over the past 15 years, hashrate has monetized tens of trillions of dollars in underutilized energy into the world’s most liquid money—bitcoin. This industry is still in its early days.
With every new block created, miners can instantly convert hashrate into bitcoin or trade it directly. Hashrate, like bitcoin itself, is a highly liquid asset that can be bought, sold, and priced 24/7 worldwide.
Computation Commodified
Monetizing stranded energy is at the core of our operations at Pow.re.
Over the past 15 years, bitcoin mining has converted vast amounts of otherwise wasted renewable energy into trillions of dollars of value, transforming what was once a niche computer hobby into a widely profitable, industrial-scale activity and capitalized industry.
By turning excess electricity into computational power, miners continuously monetize energy that would otherwise go unused, creating energy export opportunities beyond the reach of transmission lines and giving stranded supplies access to global markets via the internet.
The liquidity of bitcoin, recognized as a new form of money, is a testament to the value created through bitcoin mining.
Hashrate, like bitcoin itself, has become a liquid asset, with markets operating 24/7. Miners can instantly convert computational power into bitcoin or trade hashrate directly. This ability to buy, sell, and price hashrate around the clock has commodified computation in a way that parallels other global financial markets.
After over a decade in the industry, our mission remains to make bitcoin’s hashrate one of the world’s most liquid commodities. Through innovative financial products and services, we are establishing a market where hashrate can be traded as effortlessly as other commodities.
This growing liquidity offers new opportunities for investors, market venues, and miners alike. It exposes hashrate to individuals and institutions, creating a lucrative and open market that commodifies computation.
—Mike Cohen & Ian Descoteaux, Co-Founders of Pow.re
Many blocks ago, Pow.re co-founders Ian and Mike started mining bitcoin in Montreal, Quebec. Since then, they've grown Pow.re into a global leader with a team of 20+, leveraging their expertise in energy, financial products, and bitcoin across Canada and Paraguay.
Co-Founder & CEO
Mike is a systems engineer active in bitcoin mining since 2013. He has participated in the evolution of the burgeoning mining industry from the GPU altcoin hobbyist days to today’s well capitalized mega projects and survived to tell the tale. His focus is now on maturing the industry to make bitcoin mining as predictable and boring as other resource based industries.
Reach out to meet our team and learn about our current role openings.
Market volatility, mining difficulty, and energy costs all affect bitcoin mining profitability. Hashrate derivatives on Pow.re Markets allow miners to hedge risks and attract investors seeking bitcoin mining exposure without the technical overhead or capital-intensive infrastructure of physical sites.
Learn about Markets
By sourcing stranded electricity from hydro power plants, Pow.re Generation runs profitable, stable, and growing self-managed bitcoin mining sites, operated by a team of seasoned executives with over 10 years in the industry.
Learn about Generation
Reach out to learn about our bitcoin mining, pool audits, and hashrate derivatives for miners and investors.
