Pre-assembled rigs and Plug-and-Play: a good deal?

Have pre-assembled rigs and plug and play mining machines, to mine cryptocurrencies as quickly as possible.

We're going to talk about cryptocurrency mining again because I know you love it. Yes, yes, I receive a lot of emails along these lines, in any case. And, today, we are really going to talk about predefined and pre-designed mining rigs. Basically, I'm going to tell you about pre-designed mining machines called plug and play miners for mining different types of cryptocurrencies.

With graphics card prices soaring due to the cryptocurrency gold rush, many people have cryptocurrency mining . Some people even do Spec Mining or speculative mining to maximize their profits.

But purchasing hardware and setting it up can be a bit cumbersome or even painful for many people. You have to find out about the components, compare, buy, install, place the wires, arrange the different components, etc. It's frankly not easy and we don't all have the time and energy to do it. Well, yes, we are not all geeks and what may seem really simple for some turns out to be complicated for others. It is a fact.

As a result, not many people prefer to opt for all-in-one solutions, which are called plug and play miners. This means in English "plug and turn on". Indeed, these miners are pre-assembled and pre-configured rigs (even at the software level) which are therefore perfect for people who do not want/cannot devote themselves to the configuration of a miner from A to Z.

If this is your case, here I have selected the pre-built “plug-and-play” mining machines that are available on the market.

🔥 Note : The pre-shown plus and play rigs are generally a lot more expensive than if you bought it yourself components for mining in specialized stores. You therefore pay for the labor who pre-assembled the device for you.

If you don't want to pay more, of course you will have to do it yourself, but in fact, with a little elbow grease and motivation, you will succeed, believe me.

Finally, the other thing to mention here before making your purchases is to take into account the profitability of Plug-and-Play mining machines. Some are old and allow you to make really limited profits. Some machines are not even profitable with the current market. They are not all profitable. Check carefully before purchasing one. Today's mining market is very competitive; Which means you have to be very rational in your profitability calculation. I actually added a chapter at the end of this article to see things more clearly.

1/ The Just-Mining Plug-and-Play machine

I start with this machine not in a defined order. I put the mining machines plug-and-play randomly. If I started with the Just-Mining machine, it's to say a little "hello" to Hasheur and his team because I really appreciate what they do, in general.

• Cryptocurrencies to mine : Ethereum/Ethereum Classic/Zcash
• The : From €735 to €2549
• Benefits: Responsive and responsive support listen. Possibility of starting with a small machine. 
• Disadvantage: 2% mining fees. 

This type of hardware is ideal for mining Ethereum, Ethereum Classic and Zcash.

Maybe you've already heard about it if you follow Hasheur's videos. This is the company he co-founded and which offers numerous services ranging from cloud mining to Masternodes.

But, today we are talking about the Plug and Play mining machines through which the company has made itself known.

There are different machines available but the most efficient one is called “ExtraBob”.

The ExtraBob is the most efficient version of Just-Mining's range of graphics card mining machines. The latter provides optimal performance between its consumption and its computing power while being installed in less than a minute.

According to the site, the plug-and-play machine is "Based on a Linux core, the Just-Mining control overlay optimizes mining performance while providing simple and intuitive access to its user." Similarly, and this is also the great advantage of plug and play machines in general, the machine comes with software that allows you to remotely control your mining.

🔥 The company takes 2% commission on machine-generated cryptocurrencies. This is also why Just-Mining has been widely criticized by certain members of the crypto-sphere…

2/The pre-assembled rig Wizard Mining

• Cryptocurrencies to mine : Ethereum/Ethereum Classic/Monero/Zcash/Bitcoin (via NiceHash)
• The : 2890 € to 3090 €
• Advantage: Possibility of mining several algorithms. Company based in France so fast delivery. Good graphics cards. 
• Disadvantage: I didn’t really find any downside….

This is an interesting company that offers good plug and play mining machines. The machines are aesthetic and we see that they are robust. The choice of materials is solid. So you just need to plug them in directly to start mining cryptocurrencies.

There, with Wizard, there are no mining fees; So it's relatively interesting. Additionally, the company offers a good description of the performance of these machines.

The company, also French, also wants to be the reference in terms of "mining for dummies". Which means that they really want to appeal to people who are interested in mining but who cannot/do not want to dedicate themselves entirely to it. As a result, the best option remains to opt for machines directly configured and ready to mine.

3/ The very stylish and eco-friendly machine Coinmine

• Cryptocurrencies to mine : Bitcoin/ Ethereum/ Grin / Monero / Zcash
• The : $ 699
• Advantages: Control your mining with your phone. Aesthetically designed device. Consumes very little electricity (160Watts), like a games console.
• Disadvantage: La Company takes 5% commission on mined cryptos. Very difficult to be profitable. 

I admit that the first time I saw an ad for Coinmine, I was really excited by the prospect of having such an aesthetically pleasing plus and play mining machine. I was used to seeing rather ugly reefs with a lot of protruding threads and when I saw this device, Apple style, it intrigued me a lot.

In addition, the advantages are quite astonishing: you can control your mining directly on your phone and the plug and play mining machine makes little or no noise. It sounds like a classic fan. That is to say that it is possible to put it in your living room, especially since from an aesthetic point of view, it is not terrible at all.

This is a perfect Plug and Play machine for not just beginners, but people looking to optimize their mining. That is to say, don't worry about the connections, of course, but neither with the noise, nor with the internal configurations. Nothing to do other than plug in your machine.

In short, it's really a good product, but as often the problem with plug-and-play machines is performance.

It's certainly a beautiful designer bike, but the real problem is that it doesn't bring real profitability...

It’s up to you to do the calculations, because of course it also depends on the current market…

That said, it remains a good machine for people who want to get started in a quiet and stress-free way. In fact, you can also do staking (cosmos) on the machine. That's really interesting.

But, frankly, it's a good deal if you plan to resell your cryptocurrencies later when they have increased in value. This seems to me to be the only real way to make real money with this machine. Coinmine.

4/ The pre-assembled rig MineShop

• Cryptocurrencies to mine : Ethereum,Dash, Monero, BitcoinGold, EthereumClassic, Zcash, Siacoin, Doge, Komodo, Ubiq, Pascal
• The price : $467 (without graphics cards)
• Advantages: The site provides a profitability calculator. It's very useful. 
• Disadvantage: It's a shame to have to add the cards separately. But, it's already good to have the structure to buy cards according to our budget. The consumption of 1800 watts implies mining with this machine in a country with low electricity costs.

If you just thought it's cheap. I'll stop you right now; This is the price without the addition of graphics cards. However, graphics cards are what cost the most, eh.

That said, I still wanted to talk to you about it because it is still a pre-assembled plug and play type rig. All you have to do is simply add the graphics cards of your choice, directly on the site, when you place your order.

5/ The pre-assembled rig Shark Mini

• Cryptocurrencies to mine : Ideal for Ethereum and possibility of mining up to 50 different cryptocurrencies.
• The : $ 2290
• Advantage: Possibility of mining several algorithms. Solid company with great experience. 
• Disadvantage: No real disadvantage except the fact that it is delivered from the US. So, not very obvious for those who live in Europe.

Here, we change a little bit from the plug and play type machines that we have just seen. Here, the American company remains on the classic Rig-type format which is a bold choice. Why, you ask me? Well, quite simply, because the reefs are modular and it will therefore be possible later to add or remove graphics cards.

Quite honestly, it's an excellent, compactly pre-assembled mining rig. The plug and play mining machine shark mini contains: Graphics cards: 4 x AMD RX570 / 580. In addition, the site offers a 90-day warranty on its pre-assembled plug and play rigs.

Shark Mining is a reputable American company that manufactures excellent pre-assembled mining rigs. Looking around on the internet, user reviews are positive.

The Shark Mini is a good pre-assembled mining rig that comes with four GPU cards. The base model comes with AMD RX 570/580, but you can configure it to have an NVIDIA GTX 1070 or 1070 Ti GPU, which could net you additional profit. The latter are in fact more powerful than AMD.

You can also add a touchscreen to keep an eye on the mining rig, as can be seen in the photo. I admit that I find it super practical actually.

As I write this article, Shark Mining estimates a profit of 200 USD per month if you mine ZCash and up to 300 USD per month if you decide to mine Ethereum. Of course, this is an estimate. You can earn more if you put more powerful components.

How do you know if a mining machine will be profitable or not?

The first thing to do before rushing to buy these machines is simply to calculate and estimate your future yield.

First, check the price in watts of your electricity consumption. Frankly, to the nearest cent, it can vary your profitability. If you are in France (around €0.14), you already know that the price is high and that your profit will be lower than if you are in Eastern Europe, Africa, Asia or even Latin America.

➡️Step 1: Know the price of electricity in your country.

🌎 To find out the price of electricity in Watts around the world, go to the website Statistics. Please note, the prices indicated are in US dollars. Don't forget to convert to your currency afterwards.

Crazy: In Argentina, the price is 0.01 cents! Incredible and we understand better why there are so many of cryptocurrency enthusiasts in Argentina.

I later found a better site GlobalPetrolPrice  in the sense that we can see in a descending list the countries with the lowest rate in the world.

So once you have your rate, you can move on to step 2.

➡️ Step 2: Write down the factors of your mining machine.

Now, you need to note the 2 most important elements which are always indicated in your plug and play mining machines:

• The Hash Rate (Depending on the cryptocurrency you have decided to mine, the hash rate is different. You can find this information on the technical sheet of your machine.
• Consumption power  
• Pool fees: When mining cryptocurrencies, you must choose a pool which is a community of miners in which you share the rewards. This increases your chances of winning cryptocurrencies.

To continue with a simple example, we will use the information from Wizard Mining. So, for this plug and play machine, we will note:

• The HashRate : 185 Mh/s (in case we want to mine  (Ethereum, Ethereum Classic, NiceHash Ethash, Ubiq, Musicoin, Pirl, Metaverse…)
• Consumption power: 790W (There may be variations of +/- 5%)
• Pool fees: 2% to take a general average.

➡️ Step 3: Enter your information into a profitability calculator.

Yes, this is the last step before making your decision.

Now you have to go to sites like whattomine or Crytocompare, to calculate the performance of your plus and play mining machine. This is also valid if you had purchased your own components and wanted to calculate your profitability.

On Cryptocompare, you can calculate the profitability of the most important cryptocurrencies such as BTC, ETH, ETC, Monero etc.

Therefore, it is a good site to calculate your profitability only if you want to mine known cryptocurrencies.

So, I took the example of Wizard's plug and play mining machine to try to mine Ethereum.

Please note:  : it has become very difficult to mine well-known cryptocurrencies, particularly Ethereum. So my example is a bit biased on purpose.

I showed you these two examples to emphasize the importance of the price of electricity. If you want to mine cryptocurrencies, most of the time it's still a profitable business if you do it in a country where it costs less than $0. The lower it is, the bigger your profits become.

Sometimes, it's simply the choice of which algorithm you decide to mine that will make all the difference.

For example, I went to Whattomine, and I chose the Equihash (Zhash) algorithm, and whattomine gave me the list of cryptocurrencies in a table so I could see which one is more profitable.

In fact, we immediately see that I could, with the Wizard, mine BitcoinGold profitably. I entered all the information (with an electricity price of 0,15 cents! and this is what I have:

👍👍 You see, even with difficult parameters like expensive electricity prices and 2% pool fees, ops can still be profitable with Wizard's plug and play mining machine.

So, what should we conclude about the profitability of the machines?

You simply have to find out which cryptocurrency would be the most profitable with your plug and play mining machine.

Remember that with graphics cards you can mine several types of cryptocurrencies. Don't just focus on big cryptocurrencies where there is a lot of competition and the difficulty level is high.

—>>> You must take the time to carefully research the most profitable cryptocurrency for your plug and play mining machine according to the current market.

I am currently preparing an article that shows you how to find the best cryptocurrency to mine.

In fact, it is really a lot of research to go to the mining profitability calculator. You have to search everywhere to find the right opportunity.

But, there is still something to know; This is because mining, if you are in France or in Europe, turns out to be a somewhat delicate operation as the price of electricity is expensive….

It's up to you to do your calculations carefully. Really.

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Disclaimer: This is not investment advice. Always do your own research before investing.