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Bitcoin Mining Hosting Pricing

Many investors don't want to take on the hassle of building their own infrastructure, repairing miners, etc, and prefer to jump on a Bitcoin mining hosting service. So what is the fair price for Bitcoin mining hosting services? How much should it cost for you to break even in 2024 with halving? Here we will tell you how.


What is The Cost of Bitcoin Mining Hosting Services in the USA

The US became the largest Bitcoin mining hub after China strained crypto mining regulation. Bitcoin mining activities are completely legal in the US, and miners enjoy a stable regulatory framework. The political environment is also stable and more predictable. Hosting companies are thus legal entities, and you can make contracts under US laws. 

Where to Mine Bitcoin in the US

  • Georgia

Georgia has access to cheap electricity, which makes it one of the best Bitcoin mining locations in the US. The residential electricity prices in Georgia are 19% lower than the national average rates. Additionally, there are no regulatory restrictions or special legislation on Bitcoin mining. Colocation services like EZ Blockchain are heavily invested in Georgia, with case studies across the state. 

  • Texas

Texas is also dominant in the United State’s Bitcoin mining space. The state enjoys a pro-crypto regulatory environment and has Bitcoin mining support from the energy provider ERCOT. The energy rates in this state are 12% lower than the national average. It’s also home to top Bitcoin mining hosting facilities like Bitkern.

Here’s a breakdown of the mining hosting prices as of November 2023 for some of the colocation service providers currently in the market.

EZ Blockchain Hosting Price


EZ Blockchain is an award-winning Bitcoin mining hosting company that boasts 6 years in the Bitcoin mining industry. The company provides two hosting packages for air-cooled and immersion-cooled data center hosting.

Air-Cooled Plan Immersion-Cooled Plan
Starting at $0.067 per kWh Starting at $0.009 per kWh
$30 initial set up fee $30 initial set up fee
Fully managed 24-month agreement Fully managed 24-month agreement
100 miners minimum 50 miners minimum
24 equal invoice credits 24 equal invoice credits

Compass Mining Hosting Pricing


Compass is a unique crypto mining hosting company that provides an optimal business development tool for Bitcoin miners. The company increased its hosting prices by 15% in 2022 to $0.075 per kWh all-in. The company does not charge any upfront fees but asks for a small percentage based on the monthly hosting revenue.

BT-Miners Hosting Pricing



BT-Miners is a crypto mining hosting solution based in the United States. The company charges a one-time set-up fee of $50 and $0.10- $0.11 per kWh. If you want to host for 3 months, you will pay a per kWh rate of $0.11 and a hosting deposit starting from $288.51. For 12 months of hosting, the rate drops to $0.10 per kWh, but the hosting deposit starts at $1,364. 

QuoteColo Hosting Pricing


QuoteColo is a colocation service provider with 15 years of experience in mining hosting and IT. The company focuses purely on colocation services with hosting data centers in the US, Canada, Iceland, and Norway. Hosting packages vary based on location but typically range between $0.07 and $0.11 per kWh. 


Bitkern is an innovation-oriented crypto-mining hosting company that has been on the scene since 2017. The company has data centers across the USA in Pennsylvania, Texas, New York, and North Carolina. Its hosting packages vary based on the location but typically range from $0.075-$0.0795 per kWh. 

Wattum Mining Hosting Pricing


Wattum is an accomplished Bitcoin mining solutions provider with nine mining facilities in the US and over 3000 clients worldwide. The company’s hosting packages start from $0.089 per kWh, with a minimum order quantity of 30 miners.

What Determines the Price of A Hosting Service?

In Bitcoin mining hosting agreements, the miners remain the client’s property, even where they procure the rigs through the hosting company. The deal is that the company will host and run the miners on behalf of the client for a fee. 

Determining this fee boils down to several critical factors, which include: 

  • Energy Price

Power is the most critical factor in determining mining hosting pricing. Most of the colocation services provide a hosting price range per kilowatt hour. Energy is also the most critical resource in Bitcoin mining, which explains why it’s the main consideration in determining hosting prices.

Most mining hosting service providers provide a rate per kilowatt-hour, usually all-in. For instance, EZ Blockchain hosting services start from $0.067 per kWh all-in. It means that even though the company uses the energy price costing model, the rate considers all other aspects like cooling, space, and internet. 

Ideally, when a hosting service can secure energy deals at lower rates, they can provide more affordable hosting packages to their clients. The energy price affects hosting prices because when energy prices are high in your region, energy bills are high, and so is the hosting package.

Notably, global energy prices have not been at their best over the last few years. In the US, energy bills increased 5% in 2022, according to the Energy Information Administration. Power costs also vary across different regions. Therefore, if energy costs are skyrocketing in your location, they will increase colocation costs.


For hosting companies that rely heavily on grid power, their hosting prices are bound to be higher to meet the rising energy costs. However, others like EZ Blockchain exploit alternative and renewable power sources to provide more affordable hosting services.

EZ Blockchain utilizes stranded energy and flared gas from oil fields to access cheap energy for Bitcoin mining. More than 65% of its power capacity comes from renewable energy. As a result, the company has reduced its hosting package from a $0.07 per kWh minimum to $0.067.

  • Equipment Maintenance/Repair

Mining equipment requires regular maintenance and repairs when it breaks down. Although most hosting service providers agree to handle all these hassles, they factor them in when quoting their hosting prices.

Typically, the company has a technical team that handles all the equipment maintenance and repairs where necessary. The technicians are paid for their services, and the cost must be included in the hosting price.

Alternatively, the company strikes an arrangement with the mining rig manufacturers. This is advantageous where clients procure miners through the colocation service provider. 

By working with the manufacturers, the company can engage them for repairs and use warranty services. Additionally, it’s easier to negotiate equipment maintenance deals. Such agreements mean no additional repair costs, which could mean relief on the hosting package. 

  • Cooling

Bitcoin mining dissipates excessive heat that is potentially damaging for miners. With colocation data centers hosting thousands of miners, investing in cooling infrastructure is inevitable. Additionally, most data centers use air cooling technology, which maximizes the use of fans to blow air over the mining equipment. 

As a result, it means additional power is used to run the high-velocity fans. Some data centers use alternative cooling technology, such as immersion cooling. However, such are advanced technologies that come at an added cost. 

Other costs that come under cooling include

  • Air conditioning units
  • Temperature monitors,
  • Dielectric fluid in immersion cooling,
  • Immersion cooling containers
  • Infrastructure/Rent

Bitcoin mining hosting companies undertake to construct data centers to provide miners with a safe place for mining operations. These data centers are usually extensive buildings of hundreds or thousands of square feet. The aim is for a data center to host as many miners as possible since a single miner can have thousands of miners.

Consequently, the hosting price includes the cost of rent in terms of the floor space and the included facilities like racks and cabinets. 

  • Taxes

Currently, Bitcoin mining lacks a clear regulatory framework that includes tax structures. As a result, it can be difficult to navigate through crypto mining taxes. However, the Internal Revenue Service (IRS) in the US treats mined Bitcoin as taxable income.

Colocation service providers have tax obligations to meet based on the regions in which they operate. For colocation services that charge a percentage of the mined Bitcoin, the taxes are levied at the fair market value.

  • Security

Bitcoin mining rigs are high-value assets. Hosting companies agree to hold and manage the miners while ensuring their security. Most companies make a significant investment in terms of physical and network security. They procure security infrastructure, including surveillance cameras, motion sensors, firewalls, and security personnel. These facilities come at considerable initial and operating costs, which may affect the hosting price.

  • Internet

A fast and reliable internet connection is among the irreducible minimums of Bitcoin mining. However, with a colocation service provider, investors only need to worry about the hosting fees. The hosting company provides the best bandwidth to ensure round-the-clock connectivity and a continuous mining operation. While the company may not point out the internet costs directly in your hosting package, it’s among the factors determining the overall colocation cost.

  • Insurance

Insurance is part of the safety measures a hosting company can take to protect your miners. There are many risks against which the company may insure your miners. While it’s a desirable feature, it means the insurance premiums could add to the cost of the colocation package. 

Hosting Service Prices in Different Countries

With an understanding of what comprises mining hosting prices, it’s easier to demystify the hosting price variations in different countries. Ideally, where the cost of electricity is low, you would expect the hosting packages to cost less. Therefore, it makes sense to review first the electricity prices by country. 

According to the latest statistics, countries like Nigeria, Venezuela, Qatar, Russia, and Saudi Arabia have the lowest energy prices ranging from $0.03-$0.05 per kilowatt-hour. However, in terms of the actual Bitcoin mining costs in these countries, they are still higher than most other countries. Only Qatar has a considerably low mining cost per BTC at $7,368.


This proves that while energy prices are a key consideration in Bitcoin mining costs, other factors also play a significant part. Besides, the electricity price statistics majorly rely on the cost of grid electricity. 

Therefore, Bitcoin mining hosting companies in countries more advanced in renewable energy can provide hosting services at significantly lower rates than those that depend on the national grid.

Here’s an overview of the mining hosting rates of colocation services in different countries.

Hosting Prices in the USA

The United States of America holds the lion’s share of the entire Bitcoin network’s hash rate. This makes it the largest BTC mining industry in the world. Its highest mining activities are in Georgia, contributing a 30.8% hash rate.


EZ Blockchain is among the Bitcoin mining hosting services with operations in Georgia. The company provides hosting services starting from $0.067 per kWh and an initial set-up fee of $30. Besides Georgia, EZ Blockchain has case studies in South Carolina, Kansas, Indiana, Utah, and New York. The company also operates in Alberta, Canada, although the price range is the same for all locations.


Bitkern hosting service also has operations in the US in North Carolina, Texas, Pennsylvania, and New York. With Bitkern, hosting packages for US clients start at $0.075-$0.0795 per kWh. 

Hosting Prices in Venezuela

Bitkern colocation service runs a 10 MW facility in Yaracuy State, Venezuela. The hosting package starts at $0.048 per kilowatt-hour with a minimum of 50 miners. It’s a relatively lower hosting rate compared to most countries, perhaps due to the low energy costs in the country. In December 2022, household electricity price statistics for Venezuela indicated a residential price of $0.05 per kWh. Since mining hosting companies can negotiate lower rates, they could manage hosting at $0.048.

Hosting Prices in Kazakhstan

Kazakhstan is considered among the top Bitcoin mining hubs, although its energy outlook isn’t quite impressive. Kazakhstan relies heavily on fossil fuel energy and has only begun efforts to shift to renewable energy. According to an earlier report, the country aims for its renewable energy to reach 6% by 2025.

However, the country is still a hot Bitcoin mining hub with colocation services like Hive Mining serving the market. It’s a 65 MW mining hosting company providing colocation services in Kazakhstan at $0.07 per kWh.

Self-Mining Vs. Professional Hosting

Self-Mining Bitcoin Mining Professional Bitcoin Mining Hosting
  • High power rates for residential consumption
  • Negotiate better rates from power providers
  • Exploits alternative wasted and stranded energy for Bitcoin mining
  • Limited infrastructure like cooling, cabinets, racks.   
  • Access to all amenities, including air or immersion cooling, more floor space, racks, cabinets
  • Must deal with noise to avoid being a nuisance in residential areas.      
  • Can invest in soundproofing equipment
  • Situated away from residential areas like oil fields
  • Handles equipment breakdown personally. 
  • Get professional equipment maintenance and repairs
  • Mining becomes full-time job
  • The hosting service handles all mining operations for you
  • Hosting becomes a passive source of income
  • Responsible for the safety of mining equipment and network.  
  • The hosting company guarantees the security of miners and network security
  • Mining stops during power or network downtimes
  • The hosting company guarantees a redundant power, network, and cooling system


How Much Can You Make From Bitcoin Mining?

Bitcoin mining rewards miners on a per-block basis. It takes about 10 minutes to verify a block, for which you receive a block reward of 6.25 BTC. Since 1 BTC trades at $35,376, according to Coinmarketcap at the time of writing, your revenue per block is $221,100. Therefore, by mining a single Bitcoin, you earn $35,376. However, your mining costs per BTC must fall below this figure to be profitable. 

When solo mining, it takes an average of 266,000 kWh of electricity to mine a single Bitcoin. Therefore, using the costing model of the hosting service providers like EZ Blockchain, it means mining 1 BTC will cost 266,000*$0.067 to give $17,742. Add $30 initial set up cost to get $17,772. Therefore, with a revenue of $35,376, you make $17,603 per BTC mined with the EZ Blockchain hosting service. 

Also, some miners provide you with real-time data on the amounts of profits you can earn from them. For instance, ASIC miners are the most widely used mining rigs, and asicminervalue.com helps you see the potential daily profits from different miners. They factor in the energy costs when providing the daily profitability estimations. 

From these estimates, the Bitmain Antminer KS3 is the most profitable miner. It comes with a 9.4 Th/s and 3500w power consumption. This miner can earn you $117.82 in profits daily. Therefore, with ten Bitmain Antminer KS3 miners, you’re in for $1178.2 per day or $35,346 monthly. Fifty such miners will earn a monthly profit of $176,730.

Summing Up

Bitcoin mining hosting pricing is a subject of many variables. However, miners and hosting companies are more concerned about the energy aspect. Perhaps it’s the rising energy costs and the criticism Bitcoin received over its energy-intensive nature. 

Regardless, Bitcoin mining could only get better thanks to innovative Bitcoin mining hosting companies like EZ Blockchain. Instead of viewing Bitcoin mining’s energy-intensive nature and cost as a threat, the company is using this fact to turn an advantage. 

First, EZ Blockchain helps relieve the national grid, which can help reduce grid energy costs by sending power back to the grid. Additionally, the hosting service provider exploits alternative or wasted energy in oil fields and uses it for Bitcoin mining. That way, they can provide Bitcoin mining hosting services at lower rates and reduce the carbon footprint of oil investors. 

Finally, mining hosting companies using immersion cooling systems are helping tap the excess heat from Bitcoin mining. This heat can meet household heating needs, further relieving the grid power. With such innovative solutions coming from hosting companies, the future of Bitcoin mining is bright. They promise lower electricity rates in general, low hosting rates, and more profitable Bitcoin mining. As Bitcoin’s price continues to rebound, investors could be in for new highs in Bitcoin mining profits. 

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