Home Mining vs Hosting with CaptainMining: Which is More Profitable?
Electricity Cost Comparison by Region
| Region | Average Residential Rate (CAD/kWh) |
|---|---|
| Quebec, Canada | $0.10 to $0.18 CAD/kWh (Hydro-Quebec) |
| Ontario, Canada | $0.13 to $0.17 CAD/kWh |
| United States (average) | $0.16 to $0.24 CAD/kWh (converted) |
| Europe (average) | $0.25 to $0.45 CAD/kWh (converted) |
| CaptainMining Hosting | $0.0877 to $0.098 CAD/kWh |
Real-World Case Analysis
Consider a client with the following mining equipment:
- 1x Antminer S21 (3,500 W)
- 1x Antminer S23 (3,600 W)
- 1x Antminer L9 (3,260 W)
Total monthly consumption: approximately 7,461 kWh
Estimated Monthly Electricity Costs (CAD) by Region:
- Quebec: $746 to $1,343
- Ontario: $970 to $1,268
- United States (converted average): $1,193 to $1,790
- Europe (converted average): $1,865 to $3,357
- CaptainMining Hosting: $649 to $732
Why Choose CaptainMining Hosting?
Hosting with CaptainMining allows you to:
Substantial Cost Savings
Save up to $600 per month on your electricity costs compared to home mining.
Eliminate Home Mining Hassles
No more dealing with:
- Constant noise management
- Excessive heat problems
- Power outage concerns
- Complex technical configuration
Remote Management Access
Access a real-time management dashboard to monitor your equipment 24/7.
Complete Professional Support
Receive comprehensive technical assistance without having to intervene yourself.
Summary
CaptainMining offers a more profitable, stable, and simpler solution than home mining, while guaranteeing you a high level of performance and transparency.
With some of the most competitive electricity rates in the market and professional infrastructure, CaptainMining represents the optimal choice for maximizing your mining profits while minimizing your operational constraints.