Mining Bitcoin vs Buying Bitcoin

Bitcoin Mining vs Buying Bitcoin Directly

Would you acquire more BTC by purchasing 1 BTC right now or by purchasing 1 BTC worth of Bitcoin Miners?

Let’s walk through a full breakdown

Blockware Solutions

There are a handful of variables at play when it comes to analyzing the returns of Bitcoin mining. The most important variables are:

  • BTC/USD Exchange Rate
  • Mining Difficulty
  • Machine Hashrate & Efficiency
  • Machine Cost
  • Electricity Rate

For this analysis we are using the following key assumptions:

  • BTC CAGR: 25% (2025 YTD Trend)
  • Mining difficulty CAGR: 15% (2025 YTD Trend)
  • Antminer S21+ Miners (235T, 16.5 W/T)
  • 1 BTC (~$118,000) worth of Machines (~21.45 units)
  • Electricity Rate of $0.078/kWh
  • Turnkey Hosting with Blockware Starting on August 1st 2024
  • 3 Year Return Analysis (Including the 2028 Halving)

Blockware Solutions

Over 3 years, this miner would mine an estimated 1.147 BTC — This is factoring in electricity expenses AND the 2028 halving

Bitcoin is all about low-time preference. Would you rather have 1 Bitcoin today or 1.15 Bitcoin 3 years from now?

If you plan on HODL’ing for at least 3 years, why not acquire MORE Bitcoin during that time period by mining?

At $240K/BTC in Aug 2028 (25% CAGR), your mined BTC would be worth: $276,189

That’s a 14% BTC-denominated return and a 134% dollar-denominated return

This doesn’t even factor in future mining profitability beyond the 3-year window OR the future re-sale value of the machine; including these would result in even higher returns for mining.

Blockware Solutions

Your average cost of production over 3 years? ~$90,000 / BTC

That’s ~32% lower than the current BTC price and ~63% lower than the projected price (~$240,000/BTC by August 2028)

Bitcoin miners are stacking sats at a MAJOR discount

Blockware Solutions

The final verdict? Right now is a GREAT time to get exposure to Bitcoin mining.

If you’re bullish on Bitcoin, you should be mining.

As long as the Bitcoin price continues to outpace growth in mining difficulty, miners will accumulate MORE Bitcoin over time than those who purchase Bitcoin directly

@Mitchell Askew explains in this clip:

Blockware Solutions

Bonus: BTC mining hardware can be written off in a single tax year with 100% bonus depreciation.

That’s a massive shield for W2 income earners, business owners, and investors alike.

Schedule a free consultation with Blockware to learn more: https://mining.blockwaresolutions.com/consult

Blockware Solutions

Bitcoin Mining as a Service (MaaS) | Check out our marketplace to start mining today | Hosting sites owned and operated in the USA us

X Follow on X