Tokenised hashrate · Gulf datacenters · live since 2021
A miner you can sell.
Hashrate you can rent.
We run Antminer S23 Hydros in our Gulf datacenters. Each machine is 580 tokens, one per terahash, and every token sells in seconds, in any quantity. Mine it to your own pool, sell when you are done, or burn 580 and take the machine.
Or watch it work first. Full demo, no wallet needed.
What are you here for?
Own a miner
Buy a real machine we run for you. It mines Bitcoin straight to you.
Three steps, nothing hidden
Buy the machine, watch it become tokens, choose their work.
Buy the miner
A real S23 Hydro, $15,660, run by us
It becomes tokens
At power-on it mints into 580 SHASH, one per terahash
Choose their work
Stake to any pool for Bitcoin, sell any amount on the DEX, or redeem the machine itself.
Your path through the product
One mint, three doors, all of them always open.
At power-on it becomes 580 tokens. That conversion is the mint.
Buy hashrateRenting, without a rental contract.
What changes when a miner can be sold
A used miner takes weeks to move and sells at a discount. As 580 tokens it moves in seconds, which makes ownership something you can do for a month.
Sells in seconds
No crate, no buyer hunt, no discount.
Sell any slice
193 tokens, or one. Never a whole machine.
A miner with a price
580 tokens is one machine, priced live.
Cloud miners bid
Anyone needing hash is a standing bid for yours.
Rent it by owning it
Buy for a month, sell when done.
Or take the metal
580 tokens burn, one machine ships.
You can sell in seconds, so you can own for a month, so you never have to rent. The next sections price that out.
The sell side
Selling the machine takes weeks. Selling its terahash takes one transaction.
Pick a size and watch both routes fill it. Both can fail.
Sell the tokens
Modelled · no pool yet$24.86 per token · 7.9% below the floor price
Sell the machine
The world without tokens1 machine · about 6 weeks
Who buys your tokens
The people who need hash for a while
Anyone who wants hashrate for a month, without buying a machine, is bidding for what you hold. They buy your tokens and sell them back when done. That is the bid under your position.
The renter's case, in full →What the fleet actually mines
173 machines, 100,340 terahash, one token per terahash, computed live from the last 144 blocks.
Live numbers
Honest math, not an annualised promise. Drag everything.
What should your tokens do?
Live. Drag everythingStake & mine
Your hashrate, your pool, Bitcoin straight to you. Fewer stakers means more TH per token, and energy bills on the TH you receive, $0.01368 per TH per day.
Pool it & earn fees
Best nowPair tokens with equal USDC and take the 0.25% swap fee on every trade across your liquidity, 5.8% of the pool, beside Segments' own depth.
Or just hold: no yield, full price exposure, instant exit. Mining uses the live hashprice; the pool legs use your assumptions above. The 2.5% fee is friction on traders, so treat high-volume cases as ambitious. Nothing here is a promised return.
The machine behind every redemption
| Model | Antminer S23 Hydro |
| Hashrate | 580 TH/s |
| Efficiency | 9.5 joules per terahash |
| Power | 5.51 kW, water cooled |
| Home | Segments datacenters, UAE |
| Tokens per machine | 580 SHASH |
Want the metal after all?
Send 580 tokens to the redemption contract: they burn, the fleet count drops 580 TH, and we hand you a brand-new S23 Hydro
Fleet hashrate in, a real machine out. Nothing wrapped, nothing synthetic.
Plain answers
The six questions everyone asks, answered in full.
What exactly do I own?+
A Solana token, SHASH: one token is one terahash per second of our fleet's real mining power. Tokens only come to exist when hashrate is powered on, and they burn when a machine is redeemed. Nobody can print one any other way.
580 tokens always unlock a physical S23 Hydro, and we hold stock to honour that.
Five percent of each batch funds the team, carved out of the batch, never printed on top.
Who is buying?+
Anyone who wants mining power for a few weeks without buying a machine, plus mining desks sizing up, and people who would otherwise buy a cloud-mining contract.
Under them all sits a standing pool of dollars: Segments seeds it with USDC worth 10% of every batch minted, roughly $271,000 at launch, and never withdraws it.
Every sale also helps the next: fewer staked tokens means more hashrate for everyone still staked, which lifts the yield and pulls buyers back in.
That loop holds while a terahash earns more than its power costs; if it ever does not, we curtail and the energy meter pauses with it. Wallet-to-wallet transfers work today; the trading pool opens at mainnet launch.
Is this cloud mining?+
No. It is the way out of it. A cloud contract takes your money up front; change your mind and the money is gone.
Here you buy tokens, mine them to your own pool, and sell them when you are done. The capital comes back.
The only sums truly spent are the 2.5% transfer fee each way and energy at cost. Below about a month renting is genuinely cheaper. The comparison above finds the crossover for your size.
What is it worth when I sell?+
Whatever the market pays, inside two anchors. Below: 580 tokens always convert into a machine, so they cannot trade far under hardware value for long.
Above: new tokens are only issued at the higher of the mint price or the market price, so supply can never be printed cheaply into the market.
Between those two it moves with Bitcoin and mining economics, in both directions. Selling immediately means selling at a price, not necessarily a good one.
That is the one risk renting does not carry, and we would rather you saw it here than discovered it later.
What does it cost to hold?+
Nothing while unstaked. While staked, electricity on the hashrate delivered to you: $0.01368 per terahash per day at our flat $0.06 per kWh, billed hourly on-chain.
When half of all tokens are staked, each staked token is delivered 2 TH. You pay energy on 2 TH and earn on the same 2 TH.
Transfers between wallets carry a 2.5% fee, taken in SHASH, never in dollars. Staking and unstaking are free of it.
If I stop paying for energy?+
Your balance slides into credit for up to ten days of energy. Then delivery pauses and you get 72 hours to top up, penalty-free.
After that the position settles itself: tokens worth the unpaid bill are burned, and every other token returns to your wallet automatically, unstaked.
You never owe us money; nobody chases you.
Only need it for a few months? Price it against renting.