Learn more about our mining strategy and how we maximize profitability.
We lease the latest Bitmain Antminer S21 XP+ Hyd miners at a fixed cost of $1,000 per miner for 30 days. Our lease agreements include an option to buy at the six-month mark. Over six months, we invest $6,000 per miner, then exercise our purchase option and resell them for $8,000, effectively covering our rig setup costs. The retail price of this miner is $12,000, but our leasing strategy allows us to operate at a much lower cost. We mine in countries like Iceland and Ethiopia, where electricity rates can be negative, further maximizing profitability.
Our mining plans provide options for daily payouts and compounding profits. Stay updated as we continue refining our model to deliver the best returns for our miners.
*Daily BTC Mined Calculation:
(500 TH/s ÷ 600,000,000 TH/s) × 900 BTC = 0.00075 BTC
*Daily Revenue: 0.00075 × $85,000 = $63.75
*Electricity Cost: 132 kWh/day × $0.05/kWh = $6.60
*Daily Profit: $63.75 - $6.60 = $57.15 per miner
(Recalculated live, for reference only)