INTERNET COMPUTER
Cycles / s 
Cycles / s

This is the rate at which cycles are being burned by the network.

Cycles are the digital fuel that powers computation on the network, and they disappear when consumed. When a user buys using a credit card, the payment provider purchases ICP tokens behind the scenes, converts them into cycles, and then charges up the user's hosted software or cloud engines.

1 trillion cycles is worth 1 XDR (known as a Special Drawing Right/SDR), a currency defined by the IMF. 1 XDR is worth about $1.44 USD.

Network market cap 
Network market cap

The network market cap is the number of ICP tokens multiplied by their price. Network users convert ICP tokens into cycles that are burned and disappear (deflation), and they are generated by the network to remunerate node providers operating nodes, and by some participants in network governance (inflation).

ICP tokens exist within network protocol, and enable it to create a network economy without central points of failure.

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§ Wiki · Topic8 entries

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  • May 4, 2026·4 min

    IC-OS UEFI Configuration — Gen-2 Supermicro

    BIOS and UEFI settings for Gen-2 Supermicro node machines — advanced ACPI, CPU, NB, xGMI, memory, PCIe, and Trusted Computing settings required by IC-OS.

  • May 4, 2026·4 min

    IC-OS UEFI Configuration — Gen-2 Gigabyte

    BIOS and UEFI settings for Gen-2 Gigabyte node machines — Trusted Computing, CPU, PCI subsystem, and AMD CBS settings required by IC-OS.

  • May 4, 2026·4 min

    IC-OS UEFI Configuration — Gen-2 Dell

    BIOS and UEFI settings for Gen-2 Dell node machines — processor, boot mode, integrated devices, system security, and miscellaneous settings required by IC-OS.

  • May 4, 2026·4 min

    IC-OS UEFI Configuration — Gen-2 ASUS

    BIOS and UEFI settings for Gen-2 ASUS node machines — Trusted Computing, AMD CBS, CPU, and PCI subsystem settings required by IC-OS.

  • May 4, 2026·3 min

    IC-OS UEFI Configuration — Gen-1 Supermicro

    BIOS and UEFI settings for Gen-1 Supermicro node machines — advanced settings (boot feature, ACPI, CPU, NB, PCIe) and boot mode required by IC-OS.

  • May 4, 2026·3 min

    IC-OS UEFI Configuration — Gen-1 Dell (PowerEdge R6525)

    BIOS and UEFI settings for the Gen-1 Dell PowerEdge R6525 — iDRAC password reset, processor, boot, integrated devices, and miscellaneous settings required by IC-OS.

  • May 4, 2026·11 min

    Node Deployment Guide (Gen-2)

    Step-by-step runbook for installing IC-OS on Gen-2 node hardware using a node-operator private key — the current non-HSM deployment path.

  • May 4, 2026·11 min

    Node Deployment Guide (Gen-1, with HSM)

    Step-by-step runbook for installing IC-OS on Gen-1 node hardware using a NitroKey HSM — the legacy deployment path used by providers onboarded before the no-HSM flow.

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