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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  • May 4, 2026·7 min

    RMU Build: Teleport Setup

    Provision the Teleport container on the Gen-1.5 RMU, install the Teleport software, share RMU services through Teleport, and reference notes on roles, tokens, and upgrades.

  • May 4, 2026·14 min

    RMU Build: Best Practices and Reference

    Recommended hardening and operational add-ons for the Gen-1.5 RMU — Proxmox firewall, RACADM, Dell OpenManage Enterprise, SuperMicro firmware updates, BMC console access, OPNsense GUI, and network/cabling reference tables.

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