Buying an ASIC With a CAD 10,000 Budget: A Practical Checklist

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Buying an ASIC With a CAD 10,000 Budget: A Practical Checklist

On By Kevin Tassé

Define what the CAD 10,000 covers

Decide whether your budget is for equipment alone or for getting the project into operation. Reserve room for delivery, applicable taxes, installation, deposits and initial operating bills. Availability and prices depend on the offer date and batch; this budget does not guarantee a particular model or quantity.

Match the algorithm to your intended network

Bitcoin requires compatible SHA-256 hardware, Kaspa requires kHeavyHash, and Litecoin/Dogecoin projects use Scrypt equipment with a suitable pool. A miner cannot simply switch between these different algorithms. Choose the intended network before comparing machines; no category guarantees stable income.

Compare complete configurations

List the exact variant, nominal hashrate, power at the stated conditions, cooling type, condition and warranty. For Bitcoin, an Antminer S21 family name alone is insufficient: air, hydro and immersion versions have different installation requirements. Compare delivered cost and the same service scope, not just headline TH/s.

Check your site or hosting offer

For your own site, obtain an electrical and cooling review before ordering. For hosting, confirm capacity, model acceptance, installation, billing method, recurring service costs and contract duration. Hydro equipment needs external cooling infrastructure; the machine price does not automatically include it.

Keep a reserve and request a written offer

Calculate energy from the quoted power and operating hours. Add cooling, pool fees, service charges and maintenance. Test lower mining revenue and downtime instead of relying on a fixed payback date. Send Captain Mining your budget currency, models considered, destination and target date for an itemized equipment and hosting quote.

Request my written quote

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