Hashrate placement on FPPS
Connect your ASICs and get a fixed payout for every share, including the average transaction fees, with no pool luck variance. Daily payouts to your own BTC address and a dashboard. Fee, minimum and pool partner on request.
What FPPS means for you
- FPPS (Full Pay Per Share) pays you for every valid share your ASICs submit: the block subsidy plus the average transaction fees, at a fixed rate per share.
- No luck variance: you are paid whether or not the pool found a block today. The pool carries the luck risk, not you.
- Your income still moves with network difficulty, the BTC price, average network fees and your own uptime. FPPS removes luck, not market risk.
Who it is for
From one machine at home to a container: you want steady daily payouts instead of watching pool luck.
Your ASICs already run in a data center: change the pool address in the miner settings, nothing else moves.
Several sites or sub-accounts for your clients: ask about workers and reporting.
How it works
- Leave a request below: hashrate, ASIC models, country. We reply with the current terms (fee, minimum, payout threshold).
- You get a stratum address (or a proxy for many machines) and a worker name.
- Point your ASICs at it: in the miner's web panel, replace the pool URL and worker. The machines keep running where they are.
- You give a BTC address of your own wallet. Payouts go there on the agreed schedule.
- Watch hashrate, accepted shares and payouts in your dashboard.
Terms
| Payout scheme | FPPS |
| Service fee | on request |
| Minimum hashrate | on request |
| Payout threshold | on request |
| Payouts | Daily, to your BTC address |
| Pool partner | on request |
| Loan against hashrate | available, terms on request |
| Stratum / proxy address | after your request |
Exact terms are confirmed in writing in our reply, before you connect anything.
FPPS income calculator
An estimate, not a promise of income. Same formula as the /pools calculator: expected blocks = hashrate × 86,400 ÷ (difficulty × 2³²) × (subsidy 3.125 BTC + average fees 0.0218 BTC over the last 144 blocks). Difficulty, price and network fees change; downtime, rejected shares, electricity and hosting costs are not included. Not financial advice.
Live inputs: difficulty and price as of 22 Oct, 20:30 London · 140.58 T · $81,372 (Coinbase spot) · Full pool calculator · Electricity breakeven
FPPS vs PPLNS vs solo
| FPPS | PPLNS | Solo | |
|---|---|---|---|
| What you are paid for | Every valid share | Your shares in the last N when the pool finds a block | Only a block you find yourself |
| Transaction fees | Included (average) | Included (actual) | Whole block: subsidy + fees |
| Luck variance | None for you | Yes, the pool's luck | Extreme: most small miners never find a block |
| Typical fee | Higher (the pool carries the risk) | Lower | Lowest, paid only on a block |
| Pool-hopping penalty | None | Yes, ramp-up on joining | — |
| Good for | Steady cash flow, paying electricity and hosting bills | Long-term miners who accept swings for a lower fee | Lottery-style home mining |
Over a long period FPPS and PPLNS have about the same average before fees; FPPS trades a higher fee for a smooth, predictable payout. More schemes (PPS, PPS+, TIDES, DATUM) on /pools.
Hashrate- and ASIC-backed loans
How it works, in plain words
- A miner borrows money today and repays it from the bitcoin the machines will mine. The lender is protected either by the machines themselves (ASIC-backed loan) or by a claim on future output (hashrate-backed loan or forward sale).
- The loan is fixed in dollars (or BTC), but the income is not: it follows the hashprice, i.e. how much one TH/s earns per day. Hashprice falls when the BTC price falls, when difficulty rises and at every halving.
- If the hashprice drops far enough, mining no longer covers electricity plus the loan payment. Then the lender asks for more collateral (a margin call), takes the machines, or the borrower defaults. That is exactly what happened to many miners in 2022.
ASIC-backed (equipment) loan
The lender finances machines and holds them as collateral. Repaid monthly in cash. Classic 2021 structure (NYDIG, Galaxy and others), today mostly from manufacturer-linked lenders such as Antalpha for Bitmain machines.
Main risk: ASIC prices fall together with hashprice, so the collateral loses value exactly when the borrower is weakest.
Hashrate-backed loan
The miner pledges a share of its hashrate: coins mined by that hashrate go to the lender (or are sold by it) until the debt is repaid. Example: Sygnum Bank's hashrate-backed loans for carbon-neutral miners (2022, renewed 2023).
Main risk: If hashprice drops, repayment takes longer or more hashrate must be pledged.
Forward hashrate sale (upfront payment)
Not a loan on paper: the miner sells future hashrate at a fixed hashprice and gets the money upfront, then delivers that hashrate to the buyer's pool every day. Luxor's Deliverable Hashrate Forward works like this.
Main risk: You must deliver the hashrate whatever happens: downtime, a curtailment or a broken machine have to be made up, and margin is marked to market daily.
BTC-backed credit line for miners
A miner pledges the bitcoin it already holds instead of machines. Big public miners did this in 2025 (e.g. CleanSpark and Riot with Coinbase, CleanSpark and Hut 8 with Two Prime).
Main risk: A BTC price drop triggers a margin call on the bitcoin collateral and cuts mining income at the same time.
Loan against hashrate: our option
Together with FPPS placement you can ask for a loan secured by your hashrate: part of your FPPS payouts repays the loan. All terms are on request and confirmed in writing before anything is signed.
| Loan-to-value (LTV) | on request |
| Interest rate | on request |
| Term | on request |
| Minimum hashrate | on request |
Who offers it: the market in October 2026
Luxor — Hashrate Forwards · Forward sale / financing active
Deliverable Hashrate Forward: miners on Luxor Pool sell future hashrate for upfront USD, USDC or BTC and deliver it to the pool. Option to pair with a non-deliverable forward for fixed BTC repayment.
Terms: Published: tenors monthly up to 18 months, 1 PH/s/day contract size, 18% hashprice margin, minimum 30 days on Luxor Pool, credit check. Price per deal.
Official page · Source: docs.luxor.tech
Braiins Hashpower · Hashrate market (buy side) public beta
Order-book marketplace for SHA-256 hashrate: spot bids, fixed-term contracts with guaranteed delivery, solo packages. Public beta.
Terms: Buy-only for now: miners cannot list hashrate for sale there, so it is not a financing tool for sellers yet. Min. 1 PH/s, budget 10,000 sats to 1 BTC.
Official page · Source: academy.braiins.com
NiceHash · Hashrate market (buy and sell) active
The oldest hashpower marketplace (since 2014): sellers rent out hashrate, buyers point it at any pool. Spot rental, paid as you go.
Terms: Spot only: selling hashrate there gives daily income, not an upfront loan.
Official page · Source: nicehash.com
Antalpha (Nasdaq: ANTA) · ASIC, hashrate and BTC-backed loans active
Bitmain's primary lending partner: purchase-order loans, mining-machine loans secured by the machines, hashrate loans for running costs, and BTC margin loans. Listed on Nasdaq in 2025.
Terms: Not published; agreed per deal. Its F-1 says machine loans are typically secured by the machines, principal due at maturity, early repayment without penalty.
Official page · Source: SEC F-1 (2025)
Coinbase Asset Management / Coinbase Prime · Miner credit, mixed collateral active
From 2025 CBAM lends to miners against a 'flexible collateral package': hashrate and infrastructure plus bitcoin. Coinbase Prime separately gave BTC-backed credit lines to Riot and CleanSpark.
Terms: Reported, not a public rate card: up to 50% of collateral as hashrate/infrastructure, typical LTV 50–70% on the bitcoin part. Institutional borrowers only.
Official page · Source: Blockspace (2025)
Two Prime Lending · BTC-backed loans active
Institutional bitcoin-backed loans and credit facilities; miner clients include CleanSpark and Hut 8. Collateral in segregated custody, not rehypothecated.
Terms: Collateral is BTC, not machines or hashrate. Rates not published.
Official page · Source: Business Wire, Oct 2025
Sygnum Bank · Hashrate-backed loan (bank) no recent public deals
Swiss bank: cash loans to carbon-neutral miners who pledge a set share of hashrate; Sygnum sells the mined coins to repay the debt. Launched 2022, renewed with SATO Technologies in July 2023.
Terms: Terms not published. We found no newer public deal after 2023, so check availability directly.
Official page · Source: sygnum.com
Galaxy Digital · Equipment loans (2021–22 cycle) past cycle
Lent against mining equipment in the last cycle. Best-known case: Argo Blockchain's $35 M asset-backed loan from Galaxy (Dec 2022), fully repaid in August 2024.
Terms: No current public miner-loan offer found as of Oct 2026.
Official page · Source: Argo 6-K, Aug 2024
Blockstream Mining Note (BMN1, BMN2) · Tokenized hashrate (investors) active
Security token on Liquid via STOKR: investors pre-pay for hashrate and receive the mined BTC at maturity. BMN1 (2021–2024) paid out over 1,200 BTC; BMN2 runs 5 Sep 2024 – 4 Sep 2028.
Terms: Mirror image of a loan: here the miner (Blockstream) is funded by investors. Non-US qualified investors only.
Official page · Source: STOKR
Checked 2026-10-12. Listing is not a recommendation; we have no partnership with these companies.
2022: when miner loans went wrong
The lesson: in 2021 loans were sized on a high hashprice and secured by machines. In 2022 BTC fell, difficulty kept rising, power got more expensive, ASIC prices collapsed, and the collateral was worth less than the debt.
Timeline: Celsius, Stronghold, Iris Energy, Core Scientific, Greenidge
- Jul 2022 · Celsius files for bankruptcy
The lender Celsius Network files Chapter 11 on 13 July 2022. Its mining arm, Celsius Mining, hosted machines at Core Scientific, and the two fought in court over unpaid hosting bills. Reuters - Aug 2022 · Stronghold hands ~26,200 miners back to NYDIG
To wipe out about $67.4 M of equipment debt, Stronghold Digital returns roughly 26,200 machines to the lender NYDIG. SEC 8-K - Nov 2022 · Iris Energy defaults on $108 M of NYDIG equipment loans
The collateralised miners (~3.6 EH/s) earned about $2 M a month in gross profit against about $7 M a month of debt service. Iris switched them off; the loans were limited-recourse, so NYDIG could only take the pledged machines. SEC 6-K - Dec 2022 · Core Scientific files for Chapter 11
The largest US public miner files on 21 December 2022, citing the falling bitcoin price, higher power costs and the Celsius dispute. It kept mining and emerged from bankruptcy in January 2024. Core Scientific - Jan 2023 · Greenidge restructures its NYDIG debt
Greenidge transfers miners worth about 2.8 EH/s to NYDIG, cutting secured debt from about $76 M to $17 M. PR Newswire
Calculator: can mining pay the loan?
Hashprice = 86,400 × 10¹² ÷ (difficulty × 2³²) × (subsidy 3.125 + avg fees 0.0218 BTC) × price; 45,030 sats/PH/day, same live inputs as /pools. Annuity payment, month = 30.44 days, before pool/hosting fees, downtime and taxes. An illustration, not an offer or financial advice.
Live inputs as of 22 Oct, 20:30 London · /pools · /mining-power
Risk checklist before you borrow
- Stress-test: does mining still cover power + payment if hashprice falls 30–50%? Halving cuts it 50% overnight.
- Know the margin-call rule: at what collateral value or hashprice the lender asks for more, how fast, and in what (BTC, cash, extra machines).
- Recourse: can the lender take only the pledged machines or also your other assets and bitcoin?
- Currency mismatch: a dollar loan repaid from BTC income is a bet on the BTC price; a BTC-denominated loan is a bet on difficulty.
- Delivery obligation (forwards): what happens if your site is curtailed, a machine breaks or the pool goes down?
- Power contract: is your electricity price fixed for the whole loan term? Most 2022 failures combined falling hashprice with rising power costs.
- Machine value: ASIC resale prices can halve within months; do not count on selling machines to repay.
- All costs: arrangement fee, hosting, insurance, custody, pool fee, early repayment penalty.
- Counterparty: who holds the collateral and the mined coins? Celsius showed that the lender can fail too.
Loans FAQ
What is hashprice?
Expected income from 1 TH/s per day (or 1 PH/s), in BTC or USD: block subsidy plus fees, divided by the whole network's hashrate, times the BTC price. Our calculator takes it live from difficulty, fees and price.
Is a hashrate forward a loan?
Legally it is a sale of future hashrate, but economically it works like a loan: money now, repaid with hashrate later. The 'interest' is the discount to the expected hashprice.
What LTV can I get?
It depends on the lender and the collateral. Publicly reported examples: Coinbase Asset Management typically 50–70% on the bitcoin part; Luxor keeps an 18% hashprice margin on forwards. Our own terms are on request.
What is a margin call here?
When the collateral value or the hashprice falls below a level set in the contract, you must add collateral (BTC, cash or more hashrate) within a short time, or the lender may sell or take the collateral.
Can a home miner with one ASIC get such a loan?
Rarely. Public products target farms and companies (Luxor's contract unit is 1 PH/s, about five S21s). Tell us your hashrate in the request and we will say honestly what is possible.
Do you lend yourself?
We accept requests for a loan against hashrate together with FPPS placement. Rate, LTV, term and minimum hashrate are on request and confirmed in writing before anything is signed. Nothing on this page is an offer.
Educational information, not investment or credit advice and not an offer. Borrowing against mining can lose you your machines and collateral.
FAQ
Is my income guaranteed?
No. FPPS fixes the payout per share, but how many shares you produce and what a share is worth depend on your uptime, network difficulty, average fees and the BTC price. Our calculator shows an estimate at today's numbers, not a promise.
What is the fee?
The service fee, minimum hashrate and payout threshold are given on request, so they match your volume. You will see them before you connect anything.
Which pool is behind the service?
We name the pool partner in our reply to your request, together with its payout terms.
Do I need to send you my ASICs?
No. Your machines stay where they are, at home or at your hosting. Only the pool address in the miner settings changes.
Where do payouts go?
To a BTC address of a wallet you control. We never ask for your seed phrase or private keys.
How is FPPS different from PPS?
PPS pays only the block subsidy per share. FPPS also adds the average transaction fees, so at the same fee rate FPPS pays more when network fees are high.
Can I try with a small hashrate first?
Tell us in the request. The minimum is on request.
What happens to my request?
It goes to the site owner only. We reply to the Telegram or email you left. Ask us any time to delete it.
Leave a request
Tell us about your hashrate. We reply with the terms; nothing is connected or charged until you agree.
This service is offered by the owner of this site, separately from the free data and guides. Mining carries risks: equipment, electricity, difficulty and price can make it unprofitable. Nothing on this page is financial advice or a guarantee of income.