Antminer vs HashFlare vs CCG Mining (March 2018), Anything Crypto

Before you begin mining Bitcoin, you have to determine where to buy your hashpower from. You might want to invest a certain amount of money, perhaps $300 or $3000, or you might just want a particular hashrate, say 14TH/s.

Based on what you want, different approaches may be more suitable. This guide compares how expensive hashrate is when buying a Bitcoin miner yourself (e.g. an Antminer S9) to cloud mining companies like HashFlare.

This guide will compare the initial costs, if you’re interested te the profitability of an Antminer S9 click here, and if interested te cloud mining profitability click here.

Any linksaf on this guide may be affiliate linksaf, so wij’ll earn some money if you use them.

One thing to keep te mind – when running your own miner you’ll have to pay for electro-stimulation, which varies inbetween around $0.08/kWh ter parts of the US and Asia, right up to $0.30/kWh te parts of Europe. So if you live somewhere with expensive electro-stimulation, cloud mining may be more suitable, identically if it’s very cheap where you live buying an Antminer may be better.

Bitcoin (SHA-256) Hashrate Cost Comparison

Antminer S9: $1,915 from supplier, presently $1,708 on Amazon, average $1,812

Litecoin (SCRYPT) Hashrate Cost Comparison

Antminer L3+: $1,396 from supplier, presently $1,436 on Amazon, average $1,416

On 15th March 2018 Bitmain released the Antminer X3, an ASIC miner for CryptoNight (the algorithm Monero presently uses). Be aware that because of this Monero will likely switch their mining algorithm to deter this ASIC, which would effect any Monero cloud mining contracts. Cloud mining companies may permit you to mine other CryptoNight-based coins, but you’ll be contesting with the X3, which is spil much spil 87x better value for money (so the difficulty will go up significantly).

Monero (CryptoNight) Hashrate Cost Comparison

Antminer X3: $1,900 from supplier

Since the Antminer D3 came out, profitability for mining Dash has gone down massively – hence the massive cost differences below.

Dash (X11) Hashrate Cost Comparison

DISCLAIMER: This webpagina cannot substitute for professional investment or financial advice, or independent factual verification. This guide is provided for general informational purposes only. Anything Crypto is UK-based and not regulated by the FCA (Financial Conduct Authority). The group of individuals writing thesis guides are cryptocurrency enthusiasts and investors, not financial advisors. The ideas introduced are our analysis, learning & opinions on a range of cryptocurrency topics. Trading or mining any form of cryptocurrency is very high risk, so never invest money you can’t afford to lose – you should be ready to sustain a total loss of all invested money.

This webstek is monetised through affiliate linksaf. Where used, wij will disclose this and make no attempt to hide it. Wij don’t endorse any affiliate services wij use – and will not be liable for any harm, expense or other loss you may suffer from using any of thesis. Don’t rush into anything, do your own research. Spil wij write fresh content, wij will update this disclaimer to encompass it.

Related movie: Genesis Mining Promo Code for Bitcoin, Zcash, Ethereum, Litecoin, Monero and others

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