As the regulatory landscape continues to change, the cryptocurrency mining community is actively seeking new opportunities to make their operations more sustainable and efficient. Contract trends Recently, crypto miner hosting contracts have created a new short-term space. These wonderful flexible options include the additional benefit of receiving a full refund at the end of the term. These contracts provide miners with more flexibility and less risk. They are better positioned to capitalize on short-term market trends and test out new mining hardware without incurring large, upfront capital investments. In this piece, we break down the details of these contracts, what they’re costing the state, their terms and structures, and how much profit they stand to make.
This article explores several such hosting contracts featuring WhatsMiner and Antminer equipment. It details the costs, performance times, days per week, weekly earnings, total earnings and refund terms for every contract. These contracts represent a promising new model for mining cryptocurrency. This democratizes access to the market, allowing seasoned miners and new entrants alike to operate in the market with greater dexterity and economic confidence.
WhatsMiner M63S+ Contract Details
One of the most popular single-entry level options among consumers is the WhatsMiner M63S+ contract, which runs with a hash rate of 424Th/s. This contract is specifically tailored to miners looking for a low-risk, low-cost, short-term investment.
For example, the WhatsMiner M63S+ contract is $200 and lasts just one day. Miners should project a daily profit of $7.00. This brings their total profit to $7.00 over the life of the contract. At the end of the one day term, your initial $200 investment will be automatically refunded in full. This familiar process makes it a unique low-risk opportunity to test the mining waters.
Said contract is ideally suited for crypto mining neophytes. It’s attractive for makers who want to try out different hardware configurations without a long term commitment. The full refund policy ensures you’ll never be out any money. This is what makes it so attractive for all kinds of miners.
Antminer S21 Hyd Contract Details
For miners looking for a slightly longer-term commitment with higher potential returns, the Antminer S21 Hyd contract offers a compelling option. This contract runs at 335Th/s overall and promises the best cost/profitability ratio.
The Antminer S21 Hyd contract is priced at $1,200 with a term length of three days. At the end of this period, each miner can look forward to an average daily profit of $37.20, for a total profit of $111.60. The Antminer S21 Hyd contract has a hard-to-beat value proposition. Similar to the WhatsMiner contract, it promises a full refund of your $1,200 investment at the end of the term.
This contract incentivizes miners to make long-term investments. In exchange, they are able to make much deeper profits in a matter of days. The refund policy serves as a miner safety net. Most importantly, it lowers their capital risks while they test out the potential of this new hardware.
Antminer L7 Contracts Overview
With this understanding, the Antminer L7 contracts look like a premium-value play. That’s because they produce a phenomenal hash rate, which in turn delivers increased profit potential. There are two contracts for two different Antminer L7 units, with separate hash rates, machine cost, and contract length.
The initial Antminer L7 contract has a high hash rate of 9.3 Gh/s. As a result, you could peg it for only $3,600 on a five-day term. Miners can now calculate their return on investment at $126.00 in profit a day, or $630.00 for the five days. Like all of our contracts, the $3,600 investment is completely refunded at the conclusion of the contract.
Contract 2 of the Antminer L7 has a hash rate of 9.5 Gh/s. You can pick it up for just $7,800 over a six-day contract. This contract guarantees their company a profit of $312.00 a day resulting in a profit of $1,872.00. The $7,800 upfront investment is fully refunded at the end of the contract.
These Antminer L7 contracts are aimed at high-end miners. They take a bigger investment of time and money upfront, but they provide some of the fastest returns on investment that are large in scale. As seen with the full refund policy, this continues to be an important provision that lowers the financial risk connected with these larger-value contracts.