How Much Do Miners Cost?
These prices are current as of 1/15/2021. However, supply levels and demand can change these prices nearly daily. To get the most recent pricing and delivery dates of machines click the link below.
How Fast Can I Get Them?
As the price of bitcoin rises, so does the price of mining equipment. The demand has nearly doubled in the last few months and retail pricing has already jumped 40%. New investors are clamouring to get involved and most of the existing miners are now doubling down and buying up as much equipment as they can. Lead purchases are currently up to 9 months out for most manufacturers. But, you don’t have to wait 9 months.
Through COINMAXX, you will have access to miners that were purchased months ago and are just finishing production. No one wants to wait 6 months and experience FOMO as they watch the value of Bitcoin scream to all-time highs without them. We work with you to determine (out of the miners with the soonest availability) which are going to give you the best return for the dollar.
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How Can I Get The Best Price?
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The best way to reduce your costs and increase your profitability is to get your mining equipment at the lowest prices. The way to get the lowest prices is to buy the machines directly from the manufacturers in bulk orders. Because of purchases in the tens of thousands, COINMAXX has access to great discounts with these manufacturers. COINMAXX places lead orders with manufacturers every month, and through our purchasing power we are able to pass those discounts on to you.
Each manufacturer has different production times for their equipment. Marathon Blockchain, one of the largest Bitcoin self-mining companies in North America, orders 10’s of thousands of miners each month. This places a huge load on production and pushes back the next availability for Antminer S19s into June of 2022. Foundry Digital, another large North American company, has bought out all of MicroBT’s WhatsMiner M30 series through June and July of 2022.
With these large players buying up as much equipment as possible, pricing has increased and wait times are getting longer and longer. Because of COINMAXX’s strategic partnerships and their large purchasing power, COINMAXX customers can purchase equipment sooner than what is available to the general public.
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How Do You Calculate The Efficiency Of A Miner?
COINMAXX only purchases the newest, most powerful and most efficient ASIC bitcoin miners on the market. It’s all about value! How is that calculated?
1 ) Hash rate (TH/s) – How many hashes per second can the miner make? More hashes takes more energy, which increases your overhead, so efficiency is crucial.
2) Efficiency (J/TH) – Since miners use a large amount of electricity, you want to buy one that converts the most amount of electricity into bitcoins.
3) Price – How much does the miner cost? Cheap mining hardware will mine less bitcoins, which is why efficiency and electricity usage are important. The fastest and more efficient mining hardware is going to cost more.
Don’t buy miners based only on price or only on hash rate. The best miner is the most efficient miner. Aim for value!
Efficiency (J/TH) = Power Usage (Watts)/ Hash Rate (TH/s)
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