Schemes / trading/crypto

Buying and hosting crypto mining machines

Also sold as “ASIC mining as passive income”

VerdictA bet on timing

The tweet’s daily figure is close to real, but it is income before costs on about $95,000 of non-refundable machines that start months after payment. By our estimate it paid those who bought cheaply in late 2025; today it needs Zcash’s price to hold.

Researched 10 October 20261 tweets collected4 min readResearched, written and checked by AI agents. A person approved publication
In numbers

The claim“$151,200 per year”

One tweet from a machine store's account. Close to calculator figures, but it is income before any costs.

  1. 1What it requires
    $94,750

    for the tweet's ten machines at the store's 13 October prices (our sum); no refunds12

  2. 2What has happened
    about 70%

    fewer coins per machine than a year ago (our sum); only a faster price rise held income up9

  3. 3The upside
    about $6,100

    our estimate of what a $1,598 listing of December 2025 would have left by 10 October 202610

  4. 4Buying today
    about $3,200

    of $9,450 back in a year if price holds and competition grows 10% a month (our estimate)15

The claim

“ZEC mining is still on fire! Bitmain Antminer Z15 Pro 840k are still making $18,720 per year. Bitmain Antminer Z15k 565k are still making $11,520 per year. Extrapolate that math with 5 units of each. That is $151,200 per year simply by mining. Name another passive” (cut off here as collected; a link follows)

@MuskMiners, 6 October 2026 (date worked out from the tweet’s ID number), 21 views1

The store muskminers.com links to this account, sells both machines and offers hosting1112. The page judges the scheme, not the people who tweet about it.

“Mining” means running a machine that is paid in newly issued coins. These machines mine Zcash (ZEC) and cannot mine Bitcoin15. “Hosting” means a company runs your machine and bills you for the power.

The sums

The tweet’s text gives no machine price, hosting cost or coin price; we did not open its link1. Its figures equal $52 a day for the larger machine (our sum)1. That is at or slightly above the top of what calculator sites showed that week: about $41 to $50 a day before electricity on 10 October 2026245. It is income before costs, not profit.

On 13 October the store listed the machines at $9,450 and $9,500, so the tweet’s ten, five of each, cost $94,750 (our sum)121568. The store says “all sales are final & non-refundable”14. None was ready to ship: batches arrive in January or March, three to five months after payment1568.

At the 10 October figures the ten bring in about $126,500 to $149,500 a year before costs (our sums)234. Hosting at the store’s 8 cents per kilowatt-hour takes about $17,700 to $19,100, a rate we could not confirm for Zcash machines (our sums)11. A pool, which shares rewards among miners, takes 2% to 4%; our sums use 2%18. That leaves about $105,000 to $127,000 before tax, repairs and downtime, about 16% to 31% below the tweet’s figure (our estimate)11118. That repays the machines in 9 to 11 months of running, counted from the day they start, if the coin price and the number of rival machines stay frozen (our estimate)1268.

Neither has. Zcash fell about 72% in under four months, to about $197 on 8 March 2026, and peaked at $1,653 on 27 September, about nine days before the tweet16. At $229, the price in late March to early April 2026, with today’s network size, the ten take more than ten years to repay (our estimate)2461118.

Most “buy a machine and host it” offers are for Bitcoin, where the sums are thinner. The store’s Antminer S21 XP, $3,952 on 13 October, earned about $10.65 a day against $7.00 of hosting, and at these retail rates does not repay unless the Bitcoin price rises or competition falls (our estimate)11242569.

What happens to most people who try

We found no data on what share of small buyers recover the cost of their machines.

Each machine now mines about 70% fewer coins than a year ago (our sum)9. More machines are coming: Fortitude, an industrial miner, says in a press release that it ordered 9,000 of the larger machine in July at $3,499 each, roughly a quarter on top of today’s network (our sum)4932.

The upside

We found no verified account from any buyer, so we rebuilt what earlier purchases would have earned by 10 October 2026 (our estimates). A machine at December 2025’s lowest advertised price, $1,598, would have about $7,600 left after hosting, several times its price even at the top US duty rate691061. At March’s $3,590 the figure is about $6,000, or about $4,700 after a 60-day wait, above that listing before duty6910. One bought at $6,999 at the end of June would have collected about $3,200, under half its price279.

The first two are advertised prices before shipping and duty, not confirmed sales10. The store’s archived hosting pages from January and April 2026 list no Zcash machine, so hosting may not have been on offer70.

For one larger machine bought today for March delivery, our model leaves between a small loss and about $8,000 in the 12 months after payment, and about $3,200 if the price holds and competition grows 10% a month24111518. It leaves out a proposed change to Zcash’s rules, not adopted, that on our reading would halve a machine’s coin income20.

What it takes to compete

From 1 August to 10 October the lowest advertised price for the larger machine rose about 2.7 times for January delivery; its daily income at market prices rose about 1.9 to 2.2 times (our sums)24610. Today’s price already reflects the rise.

To tell early: redo the sum at half the coin price with 10% more competition each month. Ask for the hosting contract, and whether you can see the machine’s output in your own pool account. If the machine’s price rose faster than its daily income over three months, you are late.

Who else makes money from it

The buyer is paid last, in a coin whose price moves. The seller and the host, here one company, are paid first in dollars, and the pool takes its cut111218. Nothing we read shows that the store fails to deliver.

The full researchEvery figure, every source, and what we could not verifyAbout 9,300 words · 70 sources →
Sources (70)
  1. Does It Pay collection of 1 tweets on this scheme, collected 2026-10-06. The tweet: https://x.com/MuskMiners/status/2107512084686573963. Read from the collection file on 2026-10-10; the tweet was not re-opened on X.
  2. ASIC Miner Value, Bitmain Antminer Z15 Pro. https://www.asicminervalue.com/miners/bitmain/antminer-z15-pro. Live data dated 2026-10-10 and 2026-10-13. Read at source on 2026-10-10 and again on 2026-10-13.
  3. ASIC Miner Value, Bitmain Antminer Z15K 565k. https://www.asicminervalue.com/miners/bitmain/antminer-z15-k-565. Live data dated 2026-10-10. Read at source on 2026-10-10.
  4. WhatToMine, Zcash calculator data. https://whattomine.com/coins/166.json. 2026-10-10 and 2026-10-13. Read at source on 2026-10-10 and again on 2026-10-13 (the web page returned 403; the data address worked).
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  6. CoinGecko, Zcash daily prices for 365 days and spot price. https://api.coingecko.com/api/v3/coins/zcash/market_chart?vs_currency=usd&days=365&interval=daily. A rolling window: 2025-10-11 to 2026-10-10 when read at source on 2026-10-10, and 2025-10-14 to 2026-10-13 when read again on 2026-10-13.
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  11. Musk Miners, hosting page. https://muskminers.com/hosting/. Undated, footer 2026. Read at source on 2026-10-10 and again on 2026-10-13.
  12. Musk Miners, store listing. https://www.muskminers.com/store/?f_1=1. Undated, footer 2026. Read at source on 2026-10-10 and again on 2026-10-13.
  13. Musk Miners, FAQ. https://muskminers.com/resources/faq/. Undated. Read at source on 2026-10-10.
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  26. Miner Weekly, on hashprice and hosted machines. https://www.minerweekly.com/p/bitcoin-miner-loss-hashprice. 2025-02-13. Read at source on 2026-10-10.
  27. Zcash Community Forum, a seller's posts on the Z15 Pro. https://forum.zcashcommunity.com/t/bitmain-antminer-z15-pro-840k-for-sale-with-payment-protection/56891 (created 2026-08-03, first post last edited 2026-10-13) and https://forum.zcashcommunity.com/t/z15-pro-840-ksol-s-current-zec-mining-economics-june-2026/56460 (2026-06-30). Read at source on 2026-10-10; the first again on 2026-10-13.
  28. Zcash Community Forum, "Who is mining Zcash in 2026 with Antminer Z15 Pro". https://forum.zcashcommunity.com/t/who-is-mining-zcash-in-2026-with-antminer-z15-pro/54884. Post of 2026-09-22. Read at source on 2026-10-10.
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  32. Finviz copy of a Fortitude press release on its purchase of 9,000 Antminer Z15 Pro units. https://finviz.com/news/374881/fortitude-purchases-9000-bitmain-antminer-z15-pro-units-deepening-commitment-to-the-zcash-ecosystem. 2026-07-30. Secondary (the Business Wire original returned 403 directly and an empty page through r.jina.ai).
  33. AAP copy of a Cypherpunk Technologies press release. https://www.aap.com.au/aapreleases/cision20260818ae28327/. 2026-08-18. Read at source on 2026-10-10.
  34. The Block, on Fortitude's letter of intent for new Zcash miners. https://theblock.co/news/business/2026-10-06-fortitude-expands-zcash-mining-push-with-up-to-100-million-equipment-commitment-417790. 2026-10-06. Read at source on 2026-10-10 and again on 2026-10-13 through r.jina.ai.
  35. Bitcoin.com News, "Zcash hashrate goes vertical". https://news.bitcoin.com/zcash-hashrate-goes-vertical-as-870-zec-price-wakes-asic-giants/. 2026-08-25. Read at source on 2026-10-10.
  36. DiarioBitcoin, summary of a Grayscale analysis of Zcash mining revenue. https://www.diariobitcoin.com/mineria/minar-zcash-es-mas-rentable-que-bitcoin-4-veces-mas-ingresos-por-megavatio/. 2026-09-11. Secondary. No longer cited in the text.
  37. CoinShares, Bitcoin Mining Report Q2 2026. https://coinshares.com/corp/insights/research-data/bitcoin-mining-report-q2-2026/. 2026-09-15. Read at source on 2026-10-10 through a summarising fetch.
  38. Simple Mining, hosting page. https://www.simplemining.io/hosting. Undated. Read at source on 2026-10-10.
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  40. Sazmining, home page. https://www.sazmining.com/. Undated. Read at source on 2026-10-10 through r.jina.ai.
  41. Blockware Solutions, mining as a service. https://www.blockwaresolutions.com/products/mining-as-a-service-maas/. Undated. Read at source on 2026-10-10 through r.jina.ai.
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  43. Power Mining, affiliate programme. https://powermining.io/pages/affiliate. Undated. Read at source on 2026-10-10. No longer cited in the text: the programme is for small home Bitcoin miners, not hosted machines.
  44. Kryptex, referral programme. https://www.kryptex.com/referral-program. Undated. Read at source on 2026-10-10.
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  53. Not used. This number is kept so that later numbers do not change.
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  70. Internet Archive copies of Musk Miners pages: the Z15 Pro product page at http://web.archive.org/web/20260609233737/https://muskminers.com/item/91/antminer-z15-pro-860k-zcash-miner-july-batch/ and the hosting page at http://web.archive.org/web/20260112181554/https://muskminers.com/hosting/ and http://web.archive.org/web/20260428225541/https://muskminers.com/hosting/. Snapshots dated 2026-01-12 to 2026-06-09. Read at source on 2026-10-13.