Why Ontario electricity does not work for mining
Ontario power is sold to most customers on time-of-use or tiered retail pricing, and the energy charge is only part of it. Delivery, regulatory charges and tax land on top, and the all-in cost per kilowatt-hour that an Ontario home or small business actually pays is several times what an industrial mining operation needs.
Put that against the hardware. The most efficient machine we host, the Antminer S23, breaks even somewhere around $0.153 per kWh on current figures — and that is the best case. An Antminer T21 breaks even closer to $0.089. Ontario retail rates are not in that conversation, which is why basement mining in the GTA stopped making sense several hardware generations ago.
Run your own numbers on the profitability calculator if you want to see where your machine lands.
What Ontario owners actually get
- A local counterparty. A Canadian company, an Ontario address, a phone number answered in your time zone, and invoices from a business you can look up.
- Quebec power pricing. All-inclusive $0.072–$0.089 USDT/kWh, covering power, rack space, filtered air cooling, network, security and monitoring.
- No border. Toronto to the Montreal region is a domestic shipment. No customs broker, no duty, no import paperwork.
- Visits both ends. Meet us in Richmond Hill, or see the machines in Quebec. Both by appointment.
- On-site repairs. A failed fan is fixed at the facility, not shipped across the country.
If you are weighing this against running machines at home, the honest comparison is on is Bitcoin mining profitable — it covers noise, heat, circuit requirements and the electricity arithmetic.
The GTA home-mining problem
We field the same call regularly from the Greater Toronto Area. Someone has one or two machines in a basement or garage, the first full-winter electricity bill has arrived, and the arithmetic has stopped being theoretical.
The specific problems, in the order people hit them:
- The bill. A single 3.5 kW machine runs about 2,500 kWh a month. On an Ontario residential bill, once delivery and regulatory charges are included, that is a number most people have to read twice.
- The circuit. A dedicated 240 V feed means an electrician and a permit, and in many older GTA homes a panel that does not have the headroom.
- The noise. An air-cooled ASIC runs at roughly vacuum-cleaner volume, continuously. This is what ends most home setups, and it ends them faster in semi-detached housing.
- The summer. Every watt becomes heat in the house, and then you pay again to air-condition it out.
Hosting converts all of that into one line on an invoice. For a fleet of five machines — our minimum — that is the difference between an ongoing household problem and a monthly bill you can plan around.
Moving miners from Ontario to our facility
The process is short. Tell us the model mix and the quantity, we quote your rate, you ship to the facility, and we receive, rack, cable, configure and point the machines at your pool. Most orders are hashing within one to two business days of arrival.
Toronto, Ottawa, Hamilton, London or anywhere else in the province — it is an overnight freight run and there is no border in the way. If you do not own hardware yet, an equipment + hosting package has the machines delivered straight to our racks instead.
Minimum order is 5 miners, a no-deposit option is available, and contracts start at 6 months with no long-term commitment. Full terms are on hosting plans and rates.
