Power Mining virtual miners: cost and odds per model
Five virtual miners from 0.777 to 37.5 TH/s: what you pay in year one, your odds of a bitcoin or bitcoin cash block, and when 24-hour rental is better.
Power Mining rents out five ‘virtual miners’, each with the hashrate of a real home miner: from the Bitcube at 0.777 TH/s to the Avalon Mini 3 at 37.5 TH/s. You pay for a year and point that hashrate at your own address, on bitcoin or on bitcoin cash. If you pay the first year up front, it costs between €32.99 and €1,251.99 with our partner code, including 21% Dutch VAT. Your odds of a bitcoin block are then between 1 in 23,632 and 1 in 490 per year, and of a bitcoin cash block between 1 in 87 and 1 in 2.3. That is the position on 15 November 2026, after the drop in bitcoin difficulty on 14 November.
Virtual miners in short
- Five fixed models: Bitcube (0.777 TH/s), Bitaxe Gamma (1.2 TH/s), NerdQaxe++ (4.8 TH/s), NerdOctaxe (9.6 TH/s) and Avalon Mini 3 (37.5 TH/s). You do not get a device, only the hashrate.
- Two ways to pay: a start fee plus a running fee every three months, or the whole year up front. Paying up front is about 5% cheaper per year.
- It keeps going until you cancel: after twelve months the miner renews automatically. You can cancel at any time with one click; the miner then runs out what you have already paid for.
- A chance, not an income: according to Power Mining’s terms, by far the most likely outcome is ‘no reward at all’.
- Bitcoin cash hits more often: with the same hashrate, your odds of a bitcoin cash block are 210 to 270 times higher than of a bitcoin block, but the block is also worth much less.
- For the same money, 24-hour rental gives better odds: €1,000 spent on two 24-hour rentals gives better odds of a bitcoin block than a year of Avalon Mini 3 for €1,251.99.
- The partner code CRYPTOCODES: 10% off the start fee and every running fee in the first year. The code gives no discount on a 24-hour rental.
What does a virtual miner cost in the first year?
Power Mining charges two amounts. You pay the start fee once, and it ‘reserves your miner's hashrate for 12 months’. The running fee keeps the miner working. According to Power Mining it is €2 per TH/s per month and replaces the electricity bill you would have with a real device. You pay it in arrears, every three months for the three months already mined, so four times in the first year. If you pay the year up front, the running fee is included in the amount.
All amounts below are with the partner code CRYPTOCODES, including 21% VAT, as Power Mining showed them for the Netherlands on 15 November 2026.
Per TH/s, the largest model is the cheapest. Paying the year up front, you spend €42.46 per TH/s on the Bitcube and €33.39 on the Avalon Mini 3. Power Mining itself calls the Mini 3 ‘best value’ and the NerdOctaxe ‘most popular’.
After the first year the discount no longer applies. For the NerdQaxe it then goes back to a €93.99 start fee plus €28.75 per three months, or €198.99 for the whole year up front. Power Mining promises to email you at least 30 days in advance if the running fee changes. If you pay up front, your price is fixed for those twelve months. If a payment fails, the miner pauses, with no penalty and no debt collection.
How good are your odds of a block?
Each block yields 3.125 coins, plus the transaction fees in that block. On bitcoin this runs through Power Mining’s own pool; on bitcoin cash through the SoloBCH pool, which according to the terms keeps 1.5% of it. The reward goes straight to your own address. According to the terms, Power Mining never receives, holds or shares the proceeds.
Read ‘1 in 15’ carefully: of fifteen people with a virtual NerdQaxe on bitcoin cash, on average one finds a block in a year, and fourteen do not. On bitcoin the gap between winning and nothing is far bigger still. The odds apply to the difficulty at that moment. After the 9.1% drop on 14 November a bitcoin block is slightly closer, but the difficulty changes roughly every two weeks (see Bitcoin difficulty −9.1% on 14 November: home miner).
Work out your own odds with the live difficulty:
Work out your own odds
Pick an example or enter your own hashrate. The calculator uses the network and the price as they stand right now.
- Chance of at least one block
- 0.0058%
- about 1 in 17,000
- Value of one block
- €226,525
- 3.125 BTC, excluding transaction fees
- Average value of that chance
- €13.21
- Solo, you never get that average: you find a whole block or nothing.
Network 1,035 EH/s, price €72,488, as of 16 October 2026. The TH/s in the 24-hour examples reflect Power Mining's prices on 2 November 2026; they change every day.
Virtual miner or 24-hour rental?
With the same partner you can also rent for 24 hours, with a budget of €15 to €2,500. That hashrate is much larger, but lasts only one day. According to Power Mining, on 15 November €35 got you about 406 TH/s, with odds of 1 in 16,508 of a bitcoin block and 1 in 61 of a bitcoin cash block. €500 got you about 7,585 TH/s, with odds of 1 in 884 of a bitcoin block.
Two sums with those figures:
- Around €179: five rentals of €35 (€175) together give about 1 in 3,300 of a bitcoin block. The virtual NerdQaxe gives 1 in 3,826 over a year for €178.99. On bitcoin cash those five rentals together give about 1 in 13, against 1 in 15 for the NerdQaxe.
- Around €1,000: two rentals of €500 together give about 1 in 442 of a bitcoin block. That is better odds than a year of Virtual Avalon Mini 3 gives (1 in 490), while the Mini 3 costs €1,251.99.
If you look only at the odds per euro, the 24-hour rental wins. The virtual miner has other advantages. The price is fixed for a year, even if the bitcoin price rises and a new 24-hour rental becomes more expensive per TH/s as a result. Your chance is spread over twelve months instead of one day. And it works like a Bitaxe of your own, without the noise, heat or electricity bill at home. If you would rather buy such a device for real, have a look at home miners and their prices. The full trade-off between renting and a year is in Cloud mining or rent hashrate: 24 hours or a year?. You will find all of Power Mining’s rental options side by side on rent hashrate.
To be fair: we receive a commission if you order through our link, and more for a virtual miner than for a 24-hour rental. That is why both sums are set side by side here.
What does this mean for you as a European investor?
You are buying hashrate, not an investment. Power Mining writes in its terms that you are buying ‘not an income product, an investment, or an interest-bearing instrument’, but the same chance as with a real device of that speed. No return is promised. If other cloud mining providers do promise you a fixed daily or monthly return, be careful.
VAT follows your country. The amounts in this article include 21% Dutch VAT. Power Mining adjusts the VAT to the country of your billing address, so in Germany, France, Spain, Portugal or Poland the total may come out slightly different.
You can withdraw within 14 days. As a consumer in the EU you may, according to the terms, withdraw from the rental within 14 days of purchase without giving a reason. If mining has already started, you get back the unused part of the term, pro rata to the time.
A block you find may be taxed. How a block or other mining income is taxed differs from country to country. For that, read crypto and tax in Europe.
You can do without a wallet of your own, but better not for long. If you do not have an address yet, your miner first mines to an address of Power Mining. If you find a block during that time, Power Mining, according to the terms, passes it on to you within 14 days of your confirmation. You can set up your own address at any time.
What is not certain yet
- The odds move. The odds per year are a snapshot: if the difficulty of bitcoin or bitcoin cash rises, your odds with the same hashrate fall.
- The price after year 1 may change. Power Mining renews ‘at the same prices’, but may adjust the running fee if its own purchase price of hashrate changes sharply. On the order page Power Mining then promises to email at least 30 days in advance; the terms say at least 14 days.
- The start fee and withdrawal. The order page states that the start fee is not refunded once the miner is running. The terms promise the unused part back on withdrawal within 14 days. How those two fit together is not spelled out; ask Power Mining before you order if it matters to you.
- Switching coins. You choose the coin at checkout. We could not find out whether you can later switch from bitcoin to bitcoin cash.
This article is not investment advice. Crypto can fall sharply in value and you can lose everything you put in.
Frequently asked questions
What is a virtual miner?
Hashrate that Power Mining runs for you for a year, at the speed of a real home miner. If that hashrate finds a block, the reward goes straight to your own bitcoin or bitcoin cash address. You do not get a device at home.
Which Power Mining virtual miner is the cheapest?
The Virtual Bitcube: €32.99 for a year up front with the partner code, or a €17.99 start fee plus €4.31 per three months. Per TH/s, the Virtual Avalon Mini 3 is the cheapest.
How much do you earn with a virtual miner?
Usually nothing. Solo mining is a chance at a whole block, not a fixed amount. With a virtual NerdQaxe on bitcoin cash, your odds at the difficulty of 15 November are 1 in 15 per year: fourteen out of fifteen buyers find no block that year.
Can you cancel a virtual miner?
Yes, at any time in your dashboard at Power Mining. The miner runs out what you have already paid for and then stops. If you do not cancel, it renews automatically after twelve months.
Is 24-hour rental better than a virtual miner?
Per euro, 24-hour rental gives better odds of a block. A virtual miner fixes the price for a year and spreads your chance over twelve months.
Sources
Read on 15 November 2026.
- Power Mining: configure a virtual miner, prices, odds and explanation of the fees (as of 15 November 2026)
- Power Mining: 24-hour rental, budgets and odds (as of 15 November 2026)
- Power Mining: terms, articles 1.1, 1.2, 1.5, 1.6, 4.2, 4.5 and 6 (last updated 8 October 2026)
Prices of the coins in this article
Mid-market price from CoinGecko in euros, updated at 11:40 UTC.All 20 prices