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 · Topic11 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, 2026·4 min

    Node Provider FAQ

    Common questions about running node machines on the Internet Computer — hardware compliance, RAID, HSMs, encryption, and the limits of provider access to canister state.

  • May 4, 2026·6 min

    Node Provider Documentation

    How independent operators run the hardware that hosts the Internet Computer — the role, the current onboarding status, the lifecycle from proposal to operation, and the rewards.

  • May 4, 2026·8 min

    Node Provider Machine Hardware Guide

    Hardware specifications and validated server configurations for node machines that join the Internet Computer — Gen-1 legacy and current Gen-2.

  • May 4, 2026·3 min

    RMU build — Gen-1.5

    Process for building a new Remote Management Unit to convert a Gen-1 site into a Gen-1.5 site — the staged path that adds remote access and tooling to the original Genesis hardware.

  • May 4, 2026·4 min

    Gen-1 Node Onboarding After 48 Months

    How Gen-1 node providers continue earning rewards beyond their initial 48-month window, including reward reconfiguration, optional HSM removal, and excess machine handover.

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