Virtual NerdOctaxe
Chance within a year0.049%
On average once every2,100 years
Value of a block now€227,000
Rent hashrate · offer checked on 16 October 2026
Rent hashrate: solo mining without your own miner
Power Mining, the Latvian maker of the Bitaxe Gamma and the NerdQaxe++, also rents out hashrate. You pick a virtual miner, choose bitcoin or bitcoin cash and enter your own address; the hashrate then mines solo for you. No device at home, no electricity bill, no noise. If it finds a block, the reward goes straight to your address.
Four virtual miners and your odds of a block
Each virtual miner delivers the hashrate of the device it is named after. We work out the odds of finding a block ourselves, using today's network hashrate. Choose bitcoin or bitcoin cash below.
| Virtual miner | Hashrate | Odds per month | Odds per year |
|---|---|---|---|
| Virtual Bitaxe Gamma1.2 TH/sComparable to Bitaxe Gamma | 1.2 TH/s | 0.0005%1 in 200,000 | 0.0061%1 in 16,000 |
| Virtual NerdQaxe4.8 TH/sComparable to NerdQaxe++ | 4.8 TH/s | 0.0020%1 in 50,000 | 0.024%1 in 4,100 |
| Virtual NerdOctaxe9.6 TH/sComparable to NerdOctaxe | 9.6 TH/s | 0.0040%1 in 25,000 | 0.049%1 in 2,100 |
| Virtual Avalon Mini 337.5 TH/sComparable to Avalon Mini 3 | 37.5 TH/s | 0.016%1 in 6,400 | 0.19%1 in 530 |
Calculated with a network of 1,035 EH/s. As of 16 October 2026
Two tickets, the same hashrate
Pick a virtual miner and compare its odds of a bitcoin block with its odds of a bitcoin cash block.
Virtual NerdOctaxe
Chance within a year11.9%
On average once every8 years
Value of a block now€770
SoloBCH keeps 1.5% of the reward.
With bitcoin cash your odds are about 260 times higher, but a block is worth about 300 times less. So you are choosing between a big prize that rarely comes and a smaller one that comes more often.
Terms of one month, six months or a year, auto-renewing or one-off. The price depends on the term, how you pay and your country's VAT; Power Mining shows it with the discount already applied.
No electricity bill
When you rent, you don't pay for electricity: it is included in the rental price. This is what a home miner with the same hashrate would use, and cost, at your electricity price.
per kWh; defaults to the average household price according to Eurostat
| Virtual miner | Power use at home | Electricity per month | Electricity per year |
|---|---|---|---|
| Virtual Bitaxe Gamma19 W | 19 W | €3.97 | €48 |
| Virtual NerdQaxe76 W | 76 W | €15.87 | €193 |
| Virtual NerdOctaxe160 W | 160 W | €33.41 | €406 |
| Virtual Avalon Mini 3800 W | 800 W | €167.04 | €2,032 |
Power use from our device guide, scaled to the hashrate of the virtual miner. A month is 30 days.
At home, a miner turns all that electricity into heat. In winter that saves a little on heating; in summer you have to get rid of it. When you rent, neither applies. Work out what the heat from your own miner would save →
Rather have a lot of hashrate for one day?
With the 24-hour rental you choose an amount. Power Mining then points as much solo hashrate at your address as that amount buys that day, for 24 hours: once, or again every week. If you want even more, rent your own amount of 1 to 30 PH/s for up to 24 hours.
How it works
- 1
Pick a miner
One of the four virtual miners, or the 24-hour rental.
- 2
Choose bitcoin or bitcoin cash
Bitcoin: a small chance of a big reward, 3.125 BTC plus transaction fees. Bitcoin cash: a much bigger chance of a smaller reward. That runs through the external solo pool SoloBCH, which keeps 1.5% of the block reward.
- 3
Enter your own address
The reward for a block goes straight to your address; Power Mining never touches it. No wallet yet? Then it first mines to Power Mining's address; if it finds a block, Power Mining passes the reward on to you under its terms.
- 4
Pay, and it starts
By card or PayPal you pay a start fee and then a running fee. You can also pay twelve months up front, which also allows bank transfer or bitcoin. The miner starts once your payment has arrived and stops at the end of the term, unless you choose auto-renew; you can switch that off at any time, free of charge.
Rent hashrate or buy your own miner?
- Buying: you pay once for the device and then for your own electricity. At a normal household price, that electricity usually costs more than the device earns in a pool, but the device stays yours.
- Renting: no device, no electricity, no heat or noise at home, but a recurring fee. Stop paying and the hashrate stops too.
- Either way, solo mining is a lottery. You only get back what you put in if you find a block.
Other ways to rent hashrate
At Power Mining you only give your address; you don't choose the technology behind it. If you want to choose the pool yourself, or rent directly from other miners, there are two other routes.
HashStrike is MineShop's rental service from Ireland: you rent hashrate, or on its marketplace the rig of another home miner.
Go to HashStrikeOur article on HashStrikeNiceHash is a marketplace where you buy hashrate and choose the pool yourself, including our own solo pool.
Read the NiceHash guideWhat to know before you rent
- The most likely outcome is that you win nothing. Power Mining says so itself in its terms: renting is a chance, not income and not an investment.
- Payments in bitcoin and bitcoin cash cannot be reversed, and Power Mining cannot fix a wrongly entered address after the fact.
- As a consumer in the EU you can withdraw within 14 days. If the miner is already running, you get back the unused part of the term.
- The rental service's terms do not yet name a company or an address; those details are ‘being finalised’, they say. So keep your order confirmation safe.
Frequently asked questions
Can you rent bitcoin hashrate?
Yes. At Power Mining you rent a virtual miner of 1.2 to 37.5 TH/s for a month, six months or a year, or you rent a day of hashrate for an amount you choose. The hashrate mines solo to your own bitcoin address.
Is renting hashrate the same as cloud mining?
Not quite. With most cloud mining contracts you get a daily share of what a pool pays out. Here the hashrate mines solo: no payout per day, but if you find a block, the whole reward is yours.
What are the odds of finding a block?
That depends on your hashrate and on the whole network. The table on this page shows the odds per month and per year for each virtual miner, for bitcoin and for bitcoin cash, calculated with today's network hashrate.
Bitcoin or bitcoin cash: which should you choose?
With the same hashrate, your odds of a bitcoin cash block are hundreds of times higher, because that network is much smaller. A bitcoin cash block is also worth hundreds of times less. Bitcoin is a small chance of a big prize, bitcoin cash a bigger chance of a smaller one. The table on this page shows both.
Do you pay for electricity when you rent hashrate?
No. The electricity is included in the rental price, and there is no device at home using power. This page shows what a home miner with the same hashrate would cost at your electricity price.
How much hashrate do you need to mine one bitcoin?
Solo, nobody wins one bitcoin: you find a whole block, 3.125 BTC plus transaction fees, or nothing. To find one block a year on average, you need about one 52,560th of the network's total hashrate (144 blocks a day times 365 days). The mining calculator works it out for your hashrate.
Can I point rented hashrate at the CryptoCode solo pool?
Not at Power Mining: there you only give your address. Through NiceHash you can; our NiceHash guide shows you how, step by step.
When does the rental stop?
At the end of the term, unless you choose auto-renew. You can switch that off at any time at no cost; the current period then simply runs out.
Sources
- Offer, terms and discount: the order form on hashrate.powermining.io, read on 16 October 2026.
- Payout, withdrawal and risks: the rental service's terms, read on 16 October 2026.
- Network hashrate: our own database, as of 16 October 2026.