Bitcoin recently hit a new ATH of $118,856.
We are running an ATH 1st month free hosting credit (up to 10 machines)
*not including marketplace units
Any machines purchased over the next 7 days will qualify.
(This could be $340 in hosting credit for the new S21+ hydro miner)
The market is heating up following a wave of bullish policy and sentiment.
Ever feel like you're always buying Bitcoin at full price?
This is when mining shines over the spot buy.
The Core Thesis: Price vs Hashrate Divergence
The entire bull case for mining rests on one relationship:
When Bitcoin's price grows faster than hashrate, miners print money.
In the last 7 days, price is up 7% and difficulty is down 7%.
Is this the beginning of a 2021-like hashprice bull run?
7 Reasons Mining Beats Buying in Bull Markets
1. The 2X Daily Multiplier (Right Now)
S21 XP costs: $7/day to run
S21 XP mines: $17/day in BTC
DCA $7/day gets you: $7 in BTC
Mining delivers 2.4X more BTC at current prices.
2. Leveraged Upside Without Leverage Risk
Scenario: Bitcoin doubles overnight.
Your $7 DCA now buys half as much (50% less BTC)
Your miner still costs $7 but now mines $34/day
Result: 5X more Bitcoin than spot buying.
No margin calls. No liquidations. Just leveraging an electricity rate.
3. 100% Bonus Depreciation is BACK
This allows miners to fully deduct the cost of mining equipment.
Buying $100k worth of miners? Reduce your tax burden by $100k.
This significantly improves IRR outlook.
4. Hashrate Can't Keep Up With Price
Why?
Spot BTC: Clicks to buy = instant price action
Mining: Build warehouse → Ship ASICs → Connect power = 6-12 months
During 2021's run, hashprice (mining profitability) increased 580% while many miners were still waiting for equipment.
5. ASIC Prices Are Still Discounted
Current situation:
Bitcoin: at all time highs ($118k)
ASIC prices: Still near post halving lows
Historical pattern: ASICs appreciate 200-400% in bull markets
Remember 2020-2021:
S19 Pro in Oct 2020: $3,000
S19 Pro in Oct 2021: $11,000
Plus it mined BTC the entire time
6. Emotionless Accumulation
The psychology problem with spot:
"I'll wait for the dip" → Miss the rally
"It's too high now" → FOMO buy the top
"Finally, a dip!" → "What if it goes lower?"
Mining solution: Bitcoin hits your wallet daily. No decisions. No emotions. No what ifs.
7. Non-KYC Premium
Exchange Bitcoin: Full identity verification required
Mined Bitcoin: No KYC needed (currently)
P2P non-KYC premium: 5-15% above spot
Bitcoin mined straight from a block has inherent privacy value.
The Variables That Matter
For Mining Success:
Electricity cost (target ≤ $0.08/kWh)
Entry timing (prior to hashprice bull run)
Operational uptime (98%+)
The Math Check: If Daily Revenue > Daily Cost = You're mining at a discount
Current example:
Daily revenue: $17
Daily cost: $7
Discount rate: 58%
The Tariff Wildcard
Coming August 2025 (unless amended):
Thailand ASICs: +26% price increase
Taiwan/Indonesia: +22% increase
Malaysia: +14% increase
Action Steps
Calculate Your Breakeven
Run mining profitability calculator for investment snapshot
Compare to current spot DCA
Secure an ASIC early
Best: Hashprice bottoms (post-halving)
Good: Before major rallies
Avoid: Peak euphoria
Optimize Taxes
Consult with a CPA about depreciation
Structure as business entity
Deduct expenses
The Bottom Line
Mining vs buying isn't either/or—it's portfolio allocation.
If you are bullish on the price of Bitcoin near term ($200k+), and you believe hashrate will struggle to keep up, you should be mining Bitcoin.
Simple thought experiment:
You spend 1 BTC on new-gen machines.
Bitcoin price goes up to $200k near term.
Machine stack at a discount.
Rebalance/liquidate machines around $200k in Miner Marketplace.
Net 1 BTC recoup on initial machines + all BTC mined.
1 BTC → 2 BTC
Nothing is guaranteed, but we have seen several clients do something similar.
Remember:
Spot buyers are price-takers
Miners are price-makers
Now is certainly not the time to be bearish.
We still have the Patriot Pack available through the end of the week.
Details:
648 Th/s bundle: $10,500
*$627/mo profit, 1.4 year payback
675 Th/s bundle: $10,950
*$646/mo profit, 1.4 year payback
705 Th/s bundle: $11,550
*686/mo profit, 1.4 year payback
*under current market conditions
This is probably the best deal we have ever offered, and it ends this week.
If you’re interested, book a call with Sean or Nick
Have a good weekend✌️