All plans
are one-time payments (upfront fee) for the entire contract duration and are not based on a monthly
subscription model.
Contract information
Bitcoin Mining
Bitcoin is the first open-source, decentralized and currently most popular
cryptocurrency. Bitcoin mining is done with specialized ASIC-Hardware utilizing the
SHA-256 algorithm. You can mine Bitcoin and Bitcoin Cash natively. You can also
receive Litecoin, Dash, Zcash and other cryptocurrencies for your output using the
AUTO-Mining Allocation feature in our Dashboard.
Contract Term
12 months of guaranteed runtime
Your mining services will run for 12 months, period - even in
cases where your daily mining reward falls below the Maintenance Fees. This way, you
will always have the potential to produce cryptocurrencies as market conditions
improve.
The daily mining outputs are variable and are determined by
these factors: the mining difficulty, the Bitcoin vs USD exchange rates, the
Maintenance Fee (electricity, cooling, development, and servicing costs), and the
technology used for mining. The first two factors are unpredictable and we can not
control them, but we always deploy state of the art mining technology, and do our
best to keep our data centers running at their maximum capability for you. You can
find more in-depth information in our Customer Service Center.
Maintenance fee
A fixed maintenance fee is deducted from all 12 month contracts
for their full runtime. Current maintenance fees: USD 0.03 per TH/s per day. Please
note that the fee is fixed in USD but deducted from the daily mining rewards in BTC.
Please refer to the Terms of Service for further details. To make a well informed
decision, you can check out our Performance Estimation Tutorial.
Bitcoin Mining
Bitcoin is the first open-source, decentralized and currently most popular
cryptocurrency. Bitcoin mining is done with specialized ASIC-Hardware utilizing the
SHA-256 algorithm. You can mine Bitcoin and Bitcoin Cash natively. You can also
receive Litecoin, Dash, Zcash and other cryptocurrencies for your output using the
AUTO-Mining Allocation feature in our Dashboard.
Contract Term
6 months of guaranteed runtime
Your mining services will run for 6 months, period - even in
cases where your daily mining reward falls below the Maintenance Fees. This way, you
will always have the potential to produce cryptocurrencies as market conditions
improve.
The daily mining outputs are variable and are determined by
these factors: the mining difficulty, the Bitcoin vs USD exchange rates, the
Maintenance Fee (electricity, cooling, development, and servicing costs), and the
technology used for mining. The first two factors are unpredictable and we can not
control them, but we always deploy state of the art mining technology, and do our
best to keep our data centers running at their maximum capability for you. You can
find more in-depth information in our Customer Service Center.
Maintenance fee
A fixed maintenance fee is deducted from all 6 month contracts
for their full runtime. Current maintenance fees: USD 0.03 per TH/s per day. Please
note that the fee is fixed in USD but deducted from the daily mining rewards in BTC.
Please refer to the Terms of Service for further details. To make a well informed
decision, you can check out our Performance Estimation Tutorial.
Bitcoin Mining
Bitcoin is the first open-source, decentralized and currently most popular
cryptocurrency. Bitcoin mining is done with specialized ASIC-Hardware utilizing the
SHA-256 algorithm. You can mine Bitcoin and Bitcoin Cash natively. You can also
receive Litecoin, Dash, Zcash and other cryptocurrencies for your output using the
AUTO-Mining Allocation feature in our Dashboard.
Contract Term
3 months of guaranteed runtime
Your mining services will run for 3 months, period - even in
cases where your daily mining reward falls below the Maintenance Fees. This way, you
will always have the potential to produce cryptocurrencies as market conditions
improve.
The daily mining outputs are variable and are determined by
these factors: the mining difficulty, the Bitcoin vs USD exchange rates, the
Maintenance Fee (electricity, cooling, development, and servicing costs), and the
technology used for mining. The first two factors are unpredictable and we can not
control them, but we always deploy state of the art mining technology, and do our
best to keep our data centers running at their maximum capability for you. You can
find more in-depth information in our Customer Service Center.
Maintenance fee
A fixed maintenance fee is deducted from all 3 month contracts
for their full runtime. Current maintenance fees: USD 0.03 per TH/s per day. Please
note that the fee is fixed in USD but deducted from the daily mining rewards in BTC.
Please refer to the Terms of Service for further details. To make a well informed
decision, you can check out our Performance Estimation Tutorial.
Bitcoin Mining
Bitcoin is the first open-source, decentralized and currently most popular
cryptocurrency. Bitcoin mining is done with specialized ASIC-Hardware utilizing the
SHA-256 algorithm. You can mine Bitcoin and Bitcoin Cash natively. You can also
receive Litecoin, Dash, Zcash and other cryptocurrencies for your output using the
AUTO-Mining Allocation feature in our Dashboard.
Contract Term
30 months of guaranteed runtime
You will always receive the full mining output for the entire
runtime as there is no Maintenance Fee involved in this mining plan.
The daily mining outputs are variable and are determined by two
factors: the mining difficulty, and the technology used for mining. While the first
factor is unpredictable and we can not control it, we always deploy state of the art
mining technology, and do our best to keep our data centers running at their maximum
capability for you. You can find more in-depth information in our Customer Service Center.
Maintenance fee
There is no Maintenance Fee involved in this mining plan. Your
only cost is what you pay for the hashpower (the initial price at purchase). There
are no other fees to consider when calculating the performance of this mining plan.
To make a well informed decision, you can check out our Performance Estimation Tutorial.
Bitcoin Mining
Bitcoin is the first open-source, decentralized and currently most popular
cryptocurrency. Bitcoin mining is done with specialized ASIC-Hardware utilizing the
SHA-256 algorithm. You can mine Bitcoin and Bitcoin Cash natively. You can also
receive Litecoin, Dash, Zcash and other cryptocurrencies for your output using the
AUTO-Mining Allocation feature in our Dashboard.
Contract Term
6 months of guaranteed runtime
You will always receive the full mining output for the entire
runtime as there is no Maintenance Fee involved in this mining plan.
The daily mining outputs are variable and are determined by two
factors: the mining difficulty, and the technology used for mining. While the first
factor is unpredictable and we can not control it, we always deploy state of the art
mining technology, and do our best to keep our data centers running at their maximum
capability for you. You can find more in-depth information in our Customer Service Center.
Maintenance fee
There is no Maintenance Fee involved in this mining plan. Your
only cost is what you pay for the hashpower (the initial price at purchase). There
are no other fees to consider when calculating the performance of this mining plan.
To make a well informed decision, you can check out our Performance Estimation Tutorial.
Dash Mining
The X11 proof-of-work algorithm is currently used to mine Dash, also called Digital
Cash. Dash offers instant and private payments online or in-store using their secure
open-source platform.
You can fully allocate your X11 hash power to one cryptocurrency, or multiple
cryptocurrencies. The AUTO-Mining Allocation feature in the dashboard also allows
you to receive your mining outputs in Bitcoin, Litecoin, Monero and other
Cryptocurrencies. You can see the full list in the dashboard.
Contract Term
24 months of guaranteed runtime
Your mining services will run for 24 months, period - even in
cases where your daily mining reward falls below the Maintenance Fees. This way, you
will always have the potential to produce cryptocurrencies as market conditions
improve.
The daily mining outputs are variable and are determined by
these factors: the mining difficulty, the Dash vs USD exchange rates, the
Maintenance Fee (electricity, cooling, development, and servicing costs), and the
technology used for mining. The first two factors are unpredictable and we can not
control them, but we always deploy state of the art mining technology, and do our
best to keep our data centers running at their maximum capability for you. You can
find more in-depth information in our Customer Service Center.
Maintenance fee
USD 0.0000015 per MH/s per day. This Maintenance Fee is
deducted daily from all 2-year contracts for their full runtime. Please note that
the fee is fixed in USD but deducted from the daily mining rewards in the given
coin. Please refer to the Terms of Service for further details. To make a well
informed decision, you can check out our Performance Estimation Tutorial.
Dash Mining
The X11 proof-of-work algorithm is currently used to mine Dash, also called Digital
Cash. Dash offers instant and private payments online or in-store using their secure
open-source platform.
You can fully allocate your X11 hash power to one cryptocurrency, or multiple
cryptocurrencies. The AUTO-Mining Allocation feature in the dashboard also allows
you to receive your mining outputs in Bitcoin, Litecoin, Monero and other
Cryptocurrencies. You can see the full list in the dashboard.
Contract Term
24 months of guaranteed runtime
You will always receive the full mining output for the entire
runtime as there is no Maintenance Fee involved in this mining plan.
The daily mining outputs are variable and are determined by two
factors: the mining difficulty, and the technology used for mining. While the first
factor is unpredictable and we can not control it, we always deploy state of the art
mining technology, and do our best to keep our data centers running at their maximum
capability for you. You can find more in-depth information in our Customer Service Center.
Maintenance fee
There is no Maintenance Fee involved in this mining plan. Your
only cost is what you pay for the hashpower (the initial price at purchase). There
are no other fees to consider when calculating the performance of this mining plan.
To make a well informed decision, you can check out our Performance Estimation Tutorial.
Dash Mining
The X11 proof-of-work algorithm is currently used to mine Dash, also called Digital
Cash. Dash offers instant and private payments online or in-store using their secure
open-source platform.
You can fully allocate your X11 hash power to one cryptocurrency, or multiple
cryptocurrencies. The AUTO-Mining Allocation feature in the dashboard also allows
you to receive your mining outputs in Bitcoin, Litecoin, Monero and other
Cryptocurrencies. You can see the full list in the dashboard.
Contract Term
12 months of guaranteed runtime
Your mining services will run for 12 months, period - even in
cases where your daily mining reward falls below the Maintenance Fees. This way, you
will always have the potential to produce cryptocurrencies as market conditions
improve.
The daily mining outputs are variable and are determined by
these factors: the mining difficulty, the Dash vs USD exchange rates, the
Maintenance Fee (electricity, cooling, development, and servicing costs), and the
technology used for mining. The first two factors are unpredictable and we can not
control them, but we always deploy state of the art mining technology, and do our
best to keep our data centers running at their maximum capability for you. You can
find more in-depth information in our Customer Service Center.
Maintenance fee
USD 0.0000015 per MH/s per day. This Maintenance Fee is
deducted daily from all 1-year contracts for their full runtime. Please note that
the fee is fixed in USD but deducted from the daily mining rewards in the given
coin. Please refer to the Terms of Service for further details. To make a well
informed decision, you can check out our Performance Estimation Tutorial.
Dash Mining
The X11 proof-of-work algorithm is currently used to mine Dash, also called Digital
Cash. Dash offers instant and private payments online or in-store using their secure
open-source platform.
You can fully allocate your X11 hash power to one cryptocurrency, or multiple
cryptocurrencies. The AUTO-Mining Allocation feature in the dashboard also allows
you to receive your mining outputs in Bitcoin, Litecoin, Monero and other
Cryptocurrencies. You can see the full list in the dashboard.
Contract Term
12 months of guaranteed runtime
You will always receive the full mining output for the entire
runtime as there is no Maintenance Fee involved in this mining plan.
The daily mining outputs are variable and are determined by two
factors: the mining difficulty, and the technology used for mining. While the first
factor is unpredictable and we can not control it, we always deploy state of the art
mining technology, and do our best to keep our data centers running at their maximum
capability for you. You can find more in-depth information in our Customer Service Center.
Maintenance fee
There is no Maintenance Fee involved in this mining plan. Your
only cost is what you pay for the hashpower (the initial price at purchase). There
are no other fees to consider when calculating the performance of this mining plan.
To make a well informed decision, you can check out our Performance Estimation Tutorial.
Ethereum is a decentralized platform that runs smart contracts: applications that run
exactly as programmed without any possibility of downtime, censorship, fraud, or
third party interference. Ether, the platform’s own native cryptocurrency, is mined
with the “Ethash” algorithm. You can also receive Bitcoin, Zcash, and other
cryptocurrencies for your output using the AUTO-Mining Allocation feature in our
Dashboard.
Contract Term *
The Ethereum
Mining plans will run for a maximum of 3 months, however, should Ethereum
(“ETH”) switch to proof-of-stake before the end of the term, we will use the leased
hardware on a best-effort basis to mine other well performing Cryptocurrencies with
that hardware for you. Please refer to the contract for further details.
Maintenance fee
There is no Maintenance Fee involved in this mining plan. Your
only cost is what you pay for the hashpower (the initial price at purchase). There
are no other fees to consider when calculating the performance of this mining plan.
To make a well informed decision, you can check out our Performance Estimation Tutorial.
Ethereum is a decentralized platform that runs smart contracts: applications that run
exactly as programmed without any possibility of downtime, censorship, fraud, or
third party interference. Ether, the platform’s own native cryptocurrency, is mined
with the “Ethash” algorithm. You can also receive Bitcoin, Zcash, and other
cryptocurrencies for your output using the AUTO-Mining Allocation feature in our
Dashboard.
Contract Term *
The Ethereum
Mining plans will run for a maximum of 12 months, however, should Ethereum
(“ETH”) switch to proof-of-stake before the end of the term, we will use the leased
hardware on a best-effort basis to mine other well performing Cryptocurrencies with
that hardware for you. Please refer to the contract for further details.
Maintenance fee
There is no Maintenance Fee involved in this mining plan. Your
only cost is what you pay for the hashpower (the initial price at purchase). There
are no other fees to consider when calculating the performance of this mining plan.
To make a well informed decision, you can check out our Performance Estimation Tutorial.
Ethereum is a decentralized platform that runs smart contracts: applications that run
exactly as programmed without any possibility of downtime, censorship, fraud, or
third party interference. Ether, the platform’s own native cryptocurrency, is mined
with the “Ethash” algorithm. You can also receive Bitcoin, Zcash, and other
cryptocurrencies for your output using the AUTO-Mining Allocation feature in our
Dashboard.
Contract Term *
The Ethereum
Mining plans will run for a maximum of 24 months, however, should Ethereum
(“ETH”) switch to proof-of-stake before the end of the term, we will use the leased
hardware on a best-effort basis to mine other well performing Cryptocurrencies with
that hardware for you. Please refer to the contract for further details.
Maintenance fee
There is no Maintenance Fee involved in this mining plan. Your
only cost is what you pay for the hashpower (the initial price at purchase). There
are no other fees to consider when calculating the performance of this mining plan.
To make a well informed decision, you can check out our Performance Estimation Tutorial.
Litecoin Mining
Created by a former Google engineer, Litecoin is the silver to Bitcoin’s gold - it’s
fast, efficient, and perfect for tiny transactions and day-to-day expenses. Litecoin
uses the Scrypt algorithm, and is mined with specialized ASIC hardware. You can also
receive Zcash, Dash, and other cryptocurrencies for your output using the
AUTO-Mining Allocation feature in our dashboard.
Contract Term
24 Months
Maintenance fee
No maintenance fee applied for the whole contract time
Monero Mining
Monero was built from the ground up to focus on user choice: the choice for
scalability, the choice for privacy, and the choice for decentralization. It
features a proof-of-work algorithm known as CryptoNight-R, and makes heavy use of
the ring signatures to ensure anonymity is maintained. You can also receive Zcash,
Dash, and other cryptocurrencies for your output using the AUTO-Mining Allocation
feature in our dashboard.
Contract time
24 Months
Maintenance fee
No maintenance fee applied for the whole contract time
Zcash Mining
Zcash is the first open, permissionless financial system employing zero-knowledge
security. Zcash is mined with the Equihash algorithm. You can also receive Bitcoin,
Ether, and other cryptocurrencies for your output using the AUTO-Mining Allocation
feature in our dashboard.
Contract Term
24 months
Maintenance fee
No maintenance fee applied for the whole contract time
Reviews
Bitcoin Mining Cost and Benefits Comparison Chart
A chart to compare the costs and benefits of having your own hardware to
having a contract with Sandvik Miner
Costs of a contract with Sandvik Miner
Costs and externalities of having your own hardware
One-time price of purchasing the contract
Price of the hardware
No
extra fee
Shipping costs
No
extra fee
Possible customs costs
Best electricity rates possible.
Usually high electricity rates
You
start mining immediately!
Waiting for delivery - you are losing days,even weeks of mining time,
and your purchased hardware is already losing its value
We guarantee 100% uptime and cover system downtimes by using our own
miners.
Loss of mining time due to system downtimes
No
extra fee
Cost of additional equipment
No
extra fee
Electricity consumption of additional equipment
No
extra fee
Cost of cooling
Hardware is at a remote location, you are exempt from excessive heat
Excessive heat
Hardware is at a remote location, you don’t have to deal with loud
noise
Loud noise
Why should I purchase hashpower at Sandvik Miner?
Thanks to some great partnerships we have established with hardware producers, as well as to our
large scale purchases, we get better prices on our employed technology. This means we buy the
hardware cheaper than the market price. What also bears great importance, considering the
maintenance costs, is the storage of the miners: we have several farms around the globe, and
each location was chosen to fulfill two important criteria: cheap electricity supply and little
or no need for cooling.
There is much beauty in purchasing and setting up your own mining operation, we know that. But
setting up mining rigs are for those who are skilled technicians, can solve tricky
complications, and generally see the fun in maintaining a complex construction. Cloud mining is
for those who want to have the benefits of cryptocurrency mining without maintaining any mining
equipment. For most people these are annoying, unnecessary difficulties, and our solution is
targeted exactly at them.
There are many who tell us that they can mine cheaper by themselves according to their
calculations. However, it always turned out that they forgot about one or more of the above
listed costs. We did our calculations, and we think it’s impossible to have better mining
performance on a smaller scale, at home and by yourself. Take a look at our hash power offerings
and start cloud mining today.
Sign up for the largest hashpower provider on the market and start mining your favorite
cryptocurrency today!
