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 · Topic20 entries

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  • May 4, 2026·3 min

    Updating a Node's IPv4 Address and Domain Name

    Two procedures — IC-OS reinstall and a non-disruptive dfx call — for updating the public IPv4 address and domain name of an existing node.

  • May 4, 2026·3 min

    Updating Node Firmware

    How to obtain firmware packages from the server vendor — chiefly Dell — and the support-ticket workflow for getting direct download links.

  • May 4, 2026·3 min

    Troubleshooting Failed NNS Proposals

    What to do when a Network Nervous System proposal you submitted as a node provider fails to validate or fails to adopt.

  • 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, 2026·5 min

    RMU Build: Proxmox Setup

    Install and configure Proxmox VE on the Gen-1.5 RMU — installation, repositories, container templates, ISO images, and LAN bridge networking.

  • May 4, 2026·3 min

    RMU Build: Prerequisites

    Networking, hardware, domain, and installation-media requirements to gather before starting the Gen-1 to Gen-1.5 RMU build runbook.

  • May 4, 2026·5 min

    RMU Build: MaaS Setup

    Provision the MaaS (Metal as a Service) container on the Gen-1.5 RMU, install MaaS, share it via Teleport, perform the initial configuration, and reserve a DHCP range for BMCs.

  • 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.

  • May 4, 2026·3 min

    Removing a Node From the Registry

    How to remove a node's record from the registry when its allowance is full and the underlying machine has been hardware-replaced or retired.

  • May 4, 2026·2 min

    Node Provider Troubleshooting

    Index of the troubleshooting guides node providers reach for first — deployment errors, unhealthy nodes, networking, and failed NNS proposals — plus how to read a node's identity from its console.

  • May 4, 2026·6 min

    Node Provider Maintenance Guide

    Day-to-day responsibilities for keeping node machines healthy on the Internet Computer — monitoring, common maintenance tasks, scheduled outages, and peer support.

  • May 4, 2026·4 min

    NitroKey HSM Installation Runbook

    Legacy runbook for initializing a NitroKey HSM with the OpenSC tooling, generating the EC keypair, and deriving the node operator principal — only required for Gen-1 onboarding.

  • May 4, 2026·2 min

    Moving a Node Between Data Centers

    The six-step sequence for relocating a node machine to a new data center while keeping operator allowances and reward configurations consistent.

  • May 4, 2026·4 min

    Manual Node Recovery Guide

    The procedure node providers run, under direction from DFINITY, to bring a node back online during an announced subnet recovery.

  • May 4, 2026·3 min

    iDRAC Access and TSR Logs

    How to reach the iDRAC out-of-band controller on Dell node machines and pull a Technical Support Report (TSR) for hardware diagnosis.

  • May 4, 2026·2 min

    Checking Node CPU and Memory Speed

    How to use a live Ubuntu USB and sysbench to measure memory bandwidth on a node, plus the firmware and BIOS fixes for known underperforming configurations.

  • May 4, 2026·4 min

    Changing the Node Provider or Data-Center Principal

    NNS proposal procedures for replacing a lost or transferred node provider principal, replacing a corrupted node operator HSM, and updating data-center principal records.

  • May 4, 2026·3 min

    Changing the IPv6 Addresses of Nodes

    Why an IPv6 change forces a node redeployment, and the safe sequence for retiring the old node and bringing the replacement online.

  • May 4, 2026·3 min

    BMC Password Reset Guide

    How to reset the baseboard-management-controller password on the BMC variants used in the node fleet — ASUS, Gigabyte, Dell iDRAC9, and Supermicro.

  • May 4, 2026·3 min

    Adding Additional Node Machines to an Existing Allowance

    How an existing node provider with unused allowance brings additional node machines onto the network without going through the full onboarding flow.

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