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VNISH GLOBAL
VNISH GLOBAL
OFFICIAL PRESENTATION · 2026 EDITION

Every fourth miner already runs on VNISH

THE CONTROL LAYER FOR PROFITABLE BITCOIN MINING
1 000 000+ machines 45 models · 73 official builds Remote install in minutes Free download and testing Documented route back

Independent Cambridge study: 26.4% of surveyed mining hashrate, June 2024

DOWNLOAD PDF16 slides · English · 2026 edition
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02TRACK RECORD · NOT A LAUNCH

A million machines have already run this firmware

Every generation of the Antminer line, from the S9 era to the S21, taught us the efficiency curve, the thermal limit and the board quirks of that exact model

1 000 000+MACHINES ON VNISH
Since 2017SHIPPING WITHOUT A GAP
Every generationOF THE ANTMINER S LINE
45 models73 OFFICIAL NAND BUILDS
Five generations of Antminer hardware running VNISH firmware, from the S7 era to the S21
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03INDEPENDENT PROOF · NOT OUR NUMBER

The largest independent firmware in the Cambridge sample

Manufacturer firmware44.4%
VNISH26.4%
Other proprietary17.6%
Unreported11.6%

Share of reported hashrate by firmware type, Cambridge Centre for Alternative Finance survey, June 2024. Every fourth surveyed machine on an independent firmware is running ours

A mining hall running on VNISH firmware
Reported hashrate, not a marketing claim
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04THE PRODUCT IDEA

The hardware is fixed. What it does with a kilowatt is not

Two Antminer machines under one control layer
One machine, more than one honest answer

A miner leaves the factory on one universal setting, chosen for every climate and every site at once. Firmware is where that setting stops being universal and starts belonging to your site

01PROFIT PER KILOWATTHold output, cut watts

Or hold the power envelope and push hashrate. The site decides which answer it needs

02HARDWARE LIFETIMEOlder machines earn longer

Chip-level tuning and thermal policy keep a paid-off fleet inside a profitable window when the market turns

03REVERSIBILITYA written route back

Supported configurations keep a documented path to stock, published before the install

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05A CONCRETE OPERATING POINT

Same machine. Two more profitable answers

Antminer under VNISH firmware
FACTORY STATE · T21190 TH/s3610 W · 19.0 J/TH
VNISH STATE · T21233.12 TH/s4318 W · 18.5 J/TH

+22.7% hashrate for 19.6% more power, and efficiency still improves. Three boards at 77.6, 77.9 and 77.6 TH/s add up to the number above

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06MAXIMIZE THE RETURN ON YOUR ASIC DEVICES
+25%HASHRATEmore output from hardware you already own
-30%ELECTRICITYthe industry's main expense, cut
+50%NET PROFIT*combined effect, up to

* Combined effect from using all available options and improvements of the solution. Results vary with hardware, power quality, cooling and settings

Machines under one control layer
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07THE SCALE EFFECT

One machine proves it. A thousand machines pay for it

If a pilot reproduces the operating point above, the same delta repeats across the floor. Two ways to take it, one decision per site

EFFICIENCY ROUTE · SAME HASHRATE400 kWlower site load across 1,000 machines
PERFORMANCE ROUTE · SAME POWER ENVELOPE+9 PH/smore output across 1,000 machines

Arithmetic from the measured single-machine delta, not a forecast. Your own pilot replaces these figures with yours

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08DEPLOYMENT PRECISION

No guessed files. No blind flash

Model plus control board plus install method resolve to one published build, with the checksum printed beside it. Two identical looking miners can need two different files

45SUPPORTED ASIC MODELS
73OFFICIAL NAND ROUTES
SHA-256PUBLISHED ON EVERY BUILD
~15 minPER MACHINE OVER YOUR LAN
The installer showing the exact build for the selected machine and control board

Four control boards cover the whole range · AML, XIL, CV and BB each take a different file

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09GOVERNED SCALE

Each step pays for the next

011-5 machinesBASELINE · INSTALL · OBSERVE

One day under your own load and site conditions. Hashrate, temperature and error rate decide whether step two happens

0210-20% cohortCOMPARE ECONOMICS AND STABILITY

A named cohort mixed by board and batch carries the change first, with go, hold and stop gates written before the first flash

03Fleet wavesPROPAGATE WHILE GATES STAY GREEN

Never more than a quarter of the floor at once, with a named rollback owner and the stock route reachable for every board type

A cohort of miners carrying the change first
A named cohort carries the change first
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10CONTROL AFTER INSTALL

The machine keeps tuning after the install

Control board of an Antminer
Tuned per chip, not per model average
01PER-CHIP AUTOTUNESilicon level

Clock and voltage tuned per chip, not per model average

02POLICY CONTROLProfiles and schedules

Thresholds, presets and remote updates across the fleet

03THERMAL POLICYFans follow the limit

Board temperature and fan duty stay inside the boundary you set

04RECOVERY PATHWritten before change

The route back stays visible, per model and per control board

The install is local, started by you, on your own network. Nothing is flashed remotely and no credentials leave your site

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11THE OPERATOR VIEW

Telemetry is not decoration. It is the evidence for the next decision

VNISH dashboard: hashrate, temperature, power, pools and boards in one panel

One panel per machine and per fleet: hashrate and its history, board temperatures, power draw, pool state, firmware version and the update route

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12ALIGNED ECONOMICS

Zero capex. Prove it before you commit

01UPFRONT LICENSE$0

Download the exact build for your machine and test it on your own hardware before anything is agreed

02HOW WE EARN1.8-2.8% dev fee

A share of active hashrate, by model and commercial agreement. We are paid while the machine earns, not before

03SUPPORT AND UPDATESIncluded by use

New releases follow new Bitmain hardware, and the engineers behind them stay reachable

Antminer S21 machines
Free to test, paid from what it earns
FREE TESTING · REMOTE INSTALL · DOCUMENTED ROUTE BACK
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13B2B VALUE PATHS

One control layer. Four ways to win

OperatorOWNED HARDWARE

Improve profit per kilowatt on machines already paid for, and extend the window in which they stay profitable

01
HostingCLIENT MACHINES

Add measurable client ROI and a service competitors cannot copy from a price list

02
Service and repairWORKSHOPS

Diagnose faster, standardise routes per board, and turn one job into repeat work

03
PartnerDISTRIBUTION

Branded builds and referral economics for mining hotels and colocation sites

04
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Blockchain Life 2025 · Mining Technology of the Year
14RECOGNITION AND CONTINUITY

Mining Technology of the Year, and shipping since 2017

Blockchain Life 2025 named VNISH Mining Technology of the Year. Behind the award is a firmware line that has followed every Antminer generation since the S9, and a team that answers when a machine goes silent

2017SHIPPING SINCE
2025MINING TECHNOLOGY OF THE YEAR
10LANGUAGE EDITIONS
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15THE DECISION

The pilot earns the next step

Three questions decide whether a cohort becomes a fleet, and all three are answered by your own machines rather than by this deck

01ECONOMICSProfit per kilowatt

TH/s, watts, J/TH and cost per TH measured against your own stock baseline

02STABILITYBehaviour under load

Rejects, thermals, restarts and uptime across a full day of your site conditions

03OPERATIONSEffort per machine

Install time, monitoring load and how quickly a machine can be returned to stock

An S21 ready for the pilot
Your machines answer, not this deck
IF ANY OF THE THREE FAILS, THE ROLLOUT STOPS. THAT IS THE POINT OF A GATE
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VNISH GLOBAL
VNISH GLOBAL
ONE SITE · ONE BASELINE · ONE RESPONSIBLE DECISION
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Start with one to five miners

Take the exact build for your machine, verify the checksum, run it for a day and let the numbers decide the rest