Bitmain Antminer Z15 Profitability – Is It Worth to Buy In 2023?


This post will show you the recent Bitmain Antminer Z15 profitability, discuss the factors affect the profitability of Bitmain Antminer Z15 and tell you whether it’s worth buying in 2023.

Mining enthusiasts are constantly searching for the most cutting-edge equipment as the cryptocurrency market continues to grow in popularity so they can maximize their profits. One such device that promises high hash rates and effective mining is the Bitmain Antminer Z15, which will be available in 2020. But the question still stands: Will purchasing in 2023 still be profitable? Now let’s have a look at the profitability of Bitmain Antminer Z15 and whether it’s worth buying in 2023.

What is Bitmain Antminer Z15

One of the best Zcash miners is the June 2020 release of the Bitmain Z15. Its predecessors, the Antminer Z11 and Z9, both had hash rates that were significantly lower than its 420 KSol/s rate. The Z15 is also more energy-efficient in terms of consumption thanks to its 1510W power consumption. For this reason, the owner anticipates receiving a sizable income. An APW7 power cable is included.

Bitmain Antminer Z15 Profitability

We need to take into account a number of variables, including the cryptocurrency market, mining difficulty, and electricity costs, to determine the Antminer Z15’s profitability.

The value of cryptocurrencies can quickly change on the unreliable market. The past performance of cryptocurrencies like Zcash and Bitcoin Gold, however, allows us to make an educated guess about their potential value in the future. These cryptocurrencies have, on the whole, experienced consistent growth over the years, and it’s likely that their value will increase in the years to come.

Here is the real-time Bitmain Antminer Z15 profitability:

According to today's market estimates (Jun 20, 2024), the current price of Zcash is: $20.70, the Bitmain Antminer Z15 can mine 0.178415 ZEC per 24 hours, which is a profit of $1.52 per 24 hours if the electricity cost is 6 cents/kwH.

The Equihash algorithm’s mining complexity must also be taken into account. It becomes harder to mine blocks as more miners join the network and the mining difficulty rises. However, the Z15 is better suited to handle the heightened difficulty due to its high hash rate.

Last but not least, the price of electricity must be taken into account when mining cryptocurrencies. Mining may become less profitable if electricity costs are high because they will reduce your profits. The Z15 is more energy-efficient than some of its rivals, though, with a 1510W power consumption that is relatively low.

These aspects indicate that the Bitmain Antminer Z15 will continue to be a wise investment in 2023. It appeals to miners due to its high hash rate, low energy consumption, and support for well-known cryptocurrencies. It’s crucial to remember that mining profitability is not guaranteed, and purchasing hardware entails certain risks.

Factors Affect the Profitability of Bitmain Antminer Z15

Similar to other mining equipment, the Bitmain Antminer Z15’s profitability is influenced by a number of variables that have an impact on the earnings and costs related to Bitcoin mining. Here are the key factors that affect the profitability of Bitmain Antminer Z15:

Factor 1: Cryptocurrency Price and Block Rewards

The profitability of Zcash mining, including that of the Bitmain Antminer Z15, is significantly influenced by Zcash’s price. More money can be made from mining Zcash the more expensive it becomes. In addition, 3.125 ZEC is currently earned for mining each block, which is the block reward for Zcash mining. Miners must take this into account when deciding whether to purchase the Antminer Z15 because the block reward will eventually decrease.

Factor 2: Hash Rate and Energy Consumption

The profitability of the Bitmain Antminer Z15 is significantly influenced by its hash rate, or processing power expressed in hashes per second. Miners can mine more Zcash in a given period of time with a higher hash rate. Higher hash rates cost more in energy, which is another important factor affecting profitability, though. The Antminer Z15’s power usage must be taken into account when estimating a miner’s costs and profits.

Factor 3: Mining Difficulty and Hash Rate

The profitability of mining with the Bitmain Antminer Z15 is impacted by Zcash’s mining complexity. In order to mine Zcash efficiently, miners must invest in more processing power as the mining difficulty rises.

Another important consideration is the Zcash network’s hash rate, as higher hash rates make it more challenging for individual miners to mine Zcash profitably.

Factor 4: Electricity Costs

Another crucial element in determining the Antminer Z15’s profitability is the cost of electricity.

According to regional crypto mining laws, miners take into account the cost of electricity in various nations. It’s crucial to confirm local requirements and specific energy prices for powering Antminer Z15 in this or that country or region because mining activity puts additional strain on a power grid.

Numerous energy sources, including fossil fuels like coal, oil, and natural gas, as well as non-renewable sources like wind and solar, can be used to power Zcash mining. Miners should be especially aware of potential effects on ZEC mining income when using nonrenewable energy in light of recent supply issues that have led to soaring energy prices.

Factor 5: Pool Fee If Not Mining Solo

Instead of working as lone miners, many Antminer Z15 users prefer to join mining pools. By combining their computing power in this manner, it is possible to increase the likelihood of finding a block and speed up ZEC mining.

Pool administrators must pay a small additional fee to set up the necessary software for this type of mining, which pool miners should be aware of. Generally speaking, depending on the pool, the fee ranges from 1% to 3% of the miner’s individual reward.

Factor 6: Other Expenses

ZEC mining may necessitate additional financial outlays for the physical mining setup, such as cooling or noise-cancelling gear, in addition to hardware costs and network indicators. Utilizing the Bitmain Antminer Z15 might be less profitable as a result of these costs.

Bitmain Antminer Z15 Prices

This rig can be found at the launch price of $4,075 from the manufacturer Bitmain. However, it’s currently out of stock, and the only option is to buy from resellers, where you’ll find the rig selling at $9500 to $13,000. 

It’s important to note that prices may vary depending on various factors such as availability, demand, and market conditions. It’s recommended to do your own research and check the latest prices before making any purchasing decisions.

Where to buy Antminer Z15?

We offer brand new Bitmain Antminer ASIC Z15 Zcash Miner with competitive prices and excellent customer service.

Bitmain Antminer Z15

Bitmain Antminer Z15 For Sale

Bitmain Antminer Z15 For Sale Algorithm: Equihash algorithm Hashrate Speed: 420 ksol/s Power consumption: 1510…

Is It Worth to Buy Antminer Z15 Now?

With a Bitmain Antminer Z15 you can only mine the Equihash algorithm, which means you wouldn’t be mining bitcoin, you’d probably want to mine an equihash coin like Zec (Zcash).

As far as I know there haven’t been any recent batches released of the Z15s or other equihash ASIC miners so I would imagine difficulty shouldn’t necessarily rise drastically in the near term, but you never know. You’ll just want to monitor the difficulty of the coin you wanna mine.

Also, you’ll always want to keep in mind that the Bitmain Antminer Z15 has been out for a bit now and I’d imagine Bitmain could be working on a newer gen equihash miner that’s even more powerful and efficient than the Z15, and they could drop it any time. If that were to happen, difficulty would rise substantially, and your Bitmain Antminer Z15 profitability would take a big hit, but that’s the reality of ASIC mining.

As far as cooling, in general with ASICs, you need constant airflow and to be able to exhaust the heat from the room your miner is running in. You can’t necessarily just run this is a closed room, otherwise the room temps will rise and rise as the miner recycles the hot air it just exhausted and heats it up even more, in a feedback loop, to the point where the miner will go into a thermal shutdown to prevent damage. You need to figure out a way to remove the hot exhausted air from your space, typically with exhaust fans. Now with just 1 miner, it might not be as bad, but it depends on the environment and airflow.

Crypto Mining is Still Profitable

Finally, Vosk advises viewers who already have the gear that generates a couple of dollars a day to continue running them but, at the end of the day, to still analyze which option is the most suitable for them – run the numbers and compare the electricity rates.

Another option is to assemble a crypto mining rig from scratch, which might sound daunting for a beginner but, with some help, can become a fun and possibly very rewarding activity that could pay out in the future, depending on the situation in the crypto field (and beyond). 

That said, if independence from the local grid and offsetting the electricity waste produced by mining Bitcoin (BTC) sound more appealing, then using solar power to mine crypto might be the right albeit weaker choice, and the results might vary.

Is GPU Mining Dead?

For a long time, mining using graphics cards or graphics processing units (GPUs) has been the go-to way for most crypto enthusiasts to generate their digital assets, but Vosk doesn’t think this method of cryptocurrency mining is that viable any longer.

According to him, there are only four graphics cards today that earn more money than they burn electricity, and there isn’t a single one that makes more than 24 cents a day right now. Moreover, they cost between $600 and $2,000, leading the YouTuber to conclude that “GPU mining is absolutely dead.”

That said, there are multiple alternatives to GPU mining, and Vosk has analyzed several.

Hard Drive Mining

One of the most viable long-term crypto mining options is hard drive mining with, for instance, Evergreen Miner v2, a plug-and-play mining option that averages about $60 per month.

The prices range from $299 for a very basic Starter Kit to $2,799 for the Starter Kit Pro, providing a mining rig that isn’t loud, doesn’t produce much heat, and doesn’t cost much to operate, and Vosk recommends it to mine Chia (XCH).

5G Mining

Vosk also mentions Bobcat miners like Bobber 500 as a way to mine Helium (HNT) using 5G cellular and LoRaWAN wireless coverage, but not as a very interesting or profitable option, as his 18 Helium hotspot miners have only generated $1 a day.

He is also put off by his negative experiences with Helium and NovaLabs, which is why he is not very trusting of the cryptocurrency. However, he admits that “5G mining could prove to be lucrative whether people love that or hate that.” 

ASIC Mining

As another viable alternative to GPU and CPU mining, Vosk recommends Bitmain Antminer K7, the second most profitable miner after the KA3 model, although he stresses that the profit numbers can change drastically, considering it is a very new product on the market.

Furthermore, he mentioned the Bitmain Antminer L7, which is available at the mining rig reseller CoinMining Central at the price of $10,725 a piece, whereas the K7 costs $5,728, slightly more expensive than on Bitmain’s website but comparably more available.

Equihash Mining

Additionally, Vosk touched upon Equihash mining, the algorithm that allows mining cryptocurrencies with ASIC resistance like Zcash (ZEC), which he recommends considering despite many criticizing it and referring to the token as ‘Z-trash.’ 

Currently, there is only one miner showing up as profitable for mining Equihash cryptocurrencies – Bitmain Antminer Z15 from 2020 – which Vosk doesn’t see as very viable considering it is already three years old, and he projects many new Equihash mining devices replacing it very soon.


In conclusion, the Bitmain Antminer Z15 is a good option if you’re looking for a trustworthy and effective mining device. In particular, if you have access to inexpensive electricity, its high hash rate and energy efficiency make it a profitable investment. However, as with any investment, it’s important to do your research and consider the risks before making a purchase

Scroll to Top