Ninjas in Pyjamas Parent Company Expands Bitcoin Mining Capacity
NIP Group is boosting its bitcoin mining operations with new hardware acquisitions.
NIP Group is boosting its bitcoin mining operations with new hardware acquisitions. Bitcoin (BTC) is trading at $82,736.00, up 0.2% since this brief published. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Wed, 21 Oct 2026 07:15:02 UTC.
This expansion highlights the growing trend of traditional companies diversifying into digital infrastructure, with potential implications for Bitcoin's network hashrate and decentralization.
- NIP Group plans to reach nearly 14 EH/s mining capacity.
- The move aligns with the company's shift to digital infrastructure.
- Current Bitcoin network hashrate stands at 1048 EH/s.
NIP Group, the parent company of the prominent esports organization Ninjas in Pyjamas, is expanding its bitcoin mining operations through the acquisition of additional hardware.
The Abu Dhabi-based company announced its plans to reach a mining capacity of nearly 14 exahash per second (EH/s), underscoring its transformation into a digital infrastructure company.
This development comes as the 
Bitcoin network's current hashrate is 1048 EH/s, according to mempool.space. The expansion by NIP Group could contribute to the overall network hashrate, although the exact impact will depend on the deployment timeline of the new rigs.
The acquisition aligns with a broader trend of traditional companies diversifying into cryptocurrency mining and digital infrastructure. This trend has been driven by the increasing mainstream acceptance of cryptocurrencies and the potential for significant returns in the mining sector.
In the current market context, Bitcoin is trading at $82,570, up 1.19% in the last 24 hours, with a market cap of $1.66 trillion. The overall crypto market is also performing positively, with a total market cap of $2.83 trillion.
Since this brief published about 11 hours ago, Bitcoin (BTC) has moved from $82,570.00 to $82,736.00 — +0.20%.
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 TLT'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 $50,000 by December 31, 2026?
Crowd-implied probability on Polymarket, $167.19K 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 TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦112.78M (about $82,736.00), up 1.3% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian 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 21, 2026.
TLT 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 mining capacity?
NIP Group aims to reach nearly 14 exahash per second (EH/s) in mining capacity.
How does this affect the Bitcoin network?
The expansion could contribute to the Bitcoin network's hashrate, which currently stands at 1048 EH/s.
Why is NIP Group expanding into bitcoin mining?
The move is part of the company's strategic shift towards becoming a digital infrastructure company.
How much is 1 Bitcoin worth in naira today?
About ₦112.78M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $82,736.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira 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 $82,736.00 now versus $82,570.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT 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.
Original summary — not financial advice. This is an original TLT 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.