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How Much Does It Cost to Mine 1 Bitcoin?

ASIC Miner Value estimates the real-time electricity cost and full production cost to mine 1 Bitcoin using current Bitcoin network data, ASIC efficiency and electricity price assumptions.

Network data as of Nov 12, 2026, 11:47 PM UTC

Cost to mine 1 BTC

$60,863

18.0 J/TH · $0.06/kWh

Bitcoin price

$71,204

Live market price

Estimated miner margin

+17.0%

BTC price vs production cost

Signal

Neutral / fragile

Miners broadly profitable

Cost to mine 1 BTC by electricity price

Electricity priceLatest-generation ASICs12.0 J/THModern ASIC fleet18.0 J/THAverage ASIC fleet25.0 J/THOlder ASIC fleet35.0 J/TH
$0.03/kWh$20,288$30,432$42,266$59,173
$0.05/kWh$33,813$50,719$70,444$98,621
$0.06/kWhdefault$40,576$60,863$84,532$118,345
$0.08/kWh$54,101$81,151$112,710$157,794
$0.10/kWh$67,626$101,439$140,887$197,242
$0.12/kWh$81,151$121,727$169,065$236,691
$0.14/kWh$94,676$142,014$197,242$276,139
$0.16/kWh$108,202$162,302$225,420$315,588
$0.18/kWh$121,727$182,590$253,597$355,036

Production cost curve by electricity price

Cost to mine 1 BTC by SHA-256 ASIC model

177 SHA-256 ASIC models · cost/BTC is electricity only

ASIC modelStatusView
BitmainAntminer S23 XP Hyd8.9 J/TH$30,094+136.6%Highly profitable
BitdeerSealMiner A4 Ultra Hydro9.4 J/TH$31,951+122.9%Highly profitable
BitmainAntminer S23 Hyd9.5 J/TH$32,122+121.7%Highly profitable
BitmainAntminer S23 Hyd 3U9.5 J/TH$32,122+121.7%Highly profitable
BitmainAntminer S23e Hyd 2U10.0 J/TH$33,813+110.6%Highly profitable
Hammer MinerThor X110.5 J/TH$35,423+101.0%Highly profitable
BitdeerSealMiner A4 Pro Air10.9 J/TH$36,852+93.2%Highly profitable
BitdeerSealMiner A4 Pro Hydro10.9 J/TH$36,856+93.2%Highly profitable
BitmainAntminer S23 Immersion11.0 J/TH$37,194+91.4%Highly profitable
BitmainAntminer S2311.0 J/TH$37,194+91.4%Highly profitable
BitmainAntminer S21 XP+ Hyd11.0 J/TH$37,194+91.4%Highly profitable
BitaxeGamma 60211.5 J/TH$39,015+82.5%Highly profitable
BitmainAntminer S21 XP Hyd12.0 J/TH$40,576+75.5%Highly profitable
BitmainAntminer S21j XP Hyd12.0 J/TH$40,576+75.5%Highly profitable
MicroBTWhatsMiner M7AS+12.5 J/TH$42,266+68.5%Highly profitable
BitdeerSealMiner A3 Pro Air12.5 J/TH$42,266+68.5%Highly profitable
BitdeerSealMiner A3 Pro Hydro12.5 J/TH$42,266+68.5%Highly profitable
CanaanAvalon A16XP-300T12.8 J/TH$43,393+64.1%Highly profitable
MicroBTWhatsMiner M70S+12.9 J/TH$43,513+63.6%Highly profitable
Hammer MinerThor P212.9 J/TH$43,758+62.7%Highly profitable
BitmainAntminer S21e XP Hyd13.0 J/TH$43,957+62.0%Highly profitable
BitmainAntminer S21e XP Hyd 3U13.0 J/TH$43,957+62.0%Highly profitable
MicroBTWhatsMiner M76S+13.3 J/TH$45,084+57.9%Highly profitable
MicroBTWhatsMiner M7BS+13.3 J/TH$45,084+57.9%Highly profitable
MicroBTWhatsMiner M73S+13.3 J/TH$45,084+57.9%Highly profitable
BitmainAntminer S21 XP Immersion13.5 J/TH$45,648+56.0%Highly profitable
BitmainAntminer S21 XP13.5 J/TH$45,648+56.0%Highly profitable
BitdeerSealMiner A3 Hydro13.5 J/TH$45,648+56.0%Highly profitable
MicroBTWhatsMiner M7DS13.5 J/TH$45,747+55.6%Highly profitable
BitaxeTouch13.8 J/TH$46,493+53.1%Highly profitable
CanaanAvalon A16-282T13.8 J/TH$46,763+52.3%Highly profitable
MicroBTWhatsMiner M7AS13.8 J/TH$46,818+52.1%Highly profitable
MicroBTWhatsMiner M78S13.9 J/TH$46,923+51.7%Highly profitable
MicroBTWhatsMiner M70S13.9 J/TH$46,979+51.6%Highly profitable
BitdeerSealMiner A3 Air14.0 J/TH$47,338+50.4%Highly profitable
BitaxeGamma 60114.2 J/TH$47,902+48.6%Profitable
MicroBTWhatsMiner M76S14.4 J/TH$48,571+46.6%Profitable
MicroBTWhatsMiner M73S14.4 J/TH$48,691+46.2%Profitable
MicroBTWhatsMiner M7D14.5 J/TH$49,066+45.1%Profitable
BitForgeBitForge Nano14.6 J/TH$49,311+44.4%Profitable
BitaxeGamma Turbo14.6 J/TH$49,311+44.4%Profitable
ProtoRig14.7 J/TH$49,543+43.7%Profitable
MicroBTWhatsMiner M7014.7 J/TH$49,613+43.5%Profitable
FluminerT314.8 J/TH$49,984+42.5%Profitable
MicroBTWhatsMiner M79S14.8 J/TH$50,093+42.1%Profitable
BitdeerSealMiner A2 Pro Air14.9 J/TH$50,255+41.7%Profitable
BitdeerSealMiner A2 Pro Hyd14.9 J/TH$50,381+41.3%Profitable
BitmainAntminer S21 Pro15.0 J/TH$50,719+40.4%Profitable
Digital ShovelBluAx15.0 J/TH$50,719+40.4%Profitable
BitmainAntminer S21 Pro15.0 J/TH$50,719+40.4%Profitable
BitmainAntminer S21+ Hyd15.0 J/TH$50,719+40.4%Profitable
BitmainAntminer S21+ Hyd15.0 J/TH$50,719+40.4%Profitable
MicroBTWhatsMiner M72S15.2 J/TH$51,232+39.0%Profitable
MicroBTWhatsMiner M7A15.3 J/TH$51,799+37.5%Profitable
MicroBTWhatsMiner M7315.3 J/TH$51,799+37.5%Profitable
MicroBTWhatsMiner M7615.5 J/TH$52,330+36.1%Profitable
MicroBTWhatsMiner M66S++15.5 J/TH$52,410+35.9%Profitable
MicroBTWhatsMiner M63S++15.5 J/TH$52,468+35.7%Profitable
MicroBTWhatsMiner M6DS++15.5 J/TH$52,547+35.5%Profitable
MicroBTWhatsMiner M7915.8 J/TH$53,292+33.6%Profitable
Hammer MinerBC0415.8 J/TH$53,537+33.0%Profitable
NerdMinerNerdQaxe++ Hydro15.8 J/TH$53,537+33.0%Profitable
NerdMinerNerdQaxe++15.8 J/TH$53,537+33.0%Profitable
MicroBTWhatsMiner M60S++15.9 J/TH$53,861+32.2%Profitable
BitaxeGamma Duo 65016.0 J/TH$53,935+32.0%Profitable
BitmainAntminer S21 Hyd16.0 J/TH$54,101+31.6%Profitable
MagicMinerMagic Miner 40T16.3 J/TH$54,946+29.6%Profitable
BitmainAntminer S21+16.5 J/TH$55,784+27.6%Profitable
BitmainAntminer S21+16.5 J/TH$55,784+27.6%Profitable
BitmainAntminer S21+16.5 J/TH$55,791+27.6%Profitable
BitdeerSealMiner A2 Hyd16.5 J/TH$55,799+27.6%Profitable
BitdeerSealMiner A216.5 J/TH$55,806+27.6%Profitable
CanaanAvalon A15Pro-221T16.6 J/TH$56,029+27.1%Profitable
BitaxeGamma Hex16.7 J/TH$56,355+26.3%Profitable
NerdMinerNerdOCTAxe16.7 J/TH$56,355+26.3%Profitable
Lucky MinerLV07 Pro16.7 J/TH$56,355+26.3%Profitable
CanaanAvalon A15Pro-218T16.8 J/TH$56,800+25.4%Profitable
CanaanAvalon A1566HA 2U16.8 J/TH$56,806+25.3%Profitable
MicroBTWhatsMiner M60S+17.0 J/TH$57,418+24.0%Profitable
BitmainAntminer S21e Hyd17.0 J/TH$57,482+23.9%Profitable
MicroBTWhatsMiner M66S+17.0 J/TH$57,482+23.9%Profitable
BitmainAntminer S21e Hyd17.0 J/TH$57,482+23.9%Profitable
MicroBTWhatsMiner M63S+17.0 J/TH$57,482+23.9%Profitable
MicroBTWhatsMiner M6DS+17.0 J/TH$57,607+23.6%Profitable
NerdMinerNerdQaxe++ Hydro Rev 6.117.2 J/TH$58,046+22.7%Profitable
NerdMinerNerdQaxe++ Rev 6.117.2 J/TH$58,046+22.7%Profitable
CanaanAvalon A1566I17.2 J/TH$58,298+22.1%Profitable
Hammer MinerBC0817.5 J/TH$59,173+20.3%Profitable
BitmainAntminer S2117.5 J/TH$59,173+20.3%Profitable
CanaanAvalon A15XP-209T 17.5 J/TH$59,326+20.0%Profitable
CanaanAvalon A15XP-206T17.8 J/TH$60,190+18.3%Profitable
BitaxeSupra Hex 70117.9 J/TH$60,380+17.9%Profitable
AuradineTeraflux AH388017.9 J/TH$60,525+17.6%Profitable
AuradineTeraflux AT288018.0 J/TH$60,863+17.0%Profitable
21energyOfen 2 Pro18.3 J/TH$61,990+14.9%Near break-even
21energyOfen 3 Pro18.3 J/TH$61,990+14.9%Near break-even
CanaanAvalon A156618.5 J/TH$62,508+13.9%Near break-even
MicroBTWhatsMiner M66S18.5 J/TH$62,554+13.8%Near break-even
MicroBTWhatsMiner M63S18.5 J/TH$62,554+13.8%Near break-even
MicroBTWhatsMiner M60S18.5 J/TH$62,554+13.8%Near break-even
BitmainAntminer S21 Immersion18.5 J/TH$62,560+13.8%Near break-even
CanaanAvalon Q18.6 J/TH$62,892+13.2%Near break-even
CanaanAvalon A15-194T18.8 J/TH$63,565+12.0%Near break-even
BitmainAntminer T2119.0 J/TH$64,245+10.8%Near break-even
BitmainAntminer T2119.0 J/TH$64,245+10.8%Near break-even
AuradineTeraflux AI368019.0 J/TH$64,245+10.8%Near break-even
BitmainAntminer S19 XP+ Hyd19.0 J/TH$64,245+10.8%Near break-even
BitmainAntminer S19 XP+ Hyd19.0 J/TH$64,245+10.8%Near break-even
Jingle MinerBTC Solo Lite19.2 J/TH$64,808+9.9%Near break-even
MicroBTWhatsMiner M6019.9 J/TH$67,272+5.8%Near break-even
MicroBTWhatsMiner M6319.9 J/TH$67,282+5.8%Near break-even
MicroBTWhatsMiner M6619.9 J/TH$67,288+5.8%Near break-even
NerdMinerNerdOCTAxe Rev 3.120.0 J/TH$67,626+5.3%Near break-even
Jingle MinerBTC Solo Pro20.0 J/TH$67,626+5.3%Near break-even
BitaxeTurbo Touch20.0 J/TH$67,626+5.3%Near break-even
NerdMinerNerdQaxe+20.0 J/TH$67,626+5.3%Near break-even
BitmainAntminer S19 XP Hyd 3U20.7 J/TH$70,003+1.7%Near break-even
BitmainAntminer S19 XP Hyd20.8 J/TH$70,323+1.3%Near break-even
HeatbitBitair20.8 J/TH$70,444+1.1%Near break-even
NerdMinerNerdQX21.3 J/TH$71,853-0.9%Near break-even
CanaanAvalon Mini 321.3 J/TH$72,134-1.3%Near break-even
Lucky MinerLV08 Pro21.4 J/TH$72,456-1.7%Near break-even
BitmainAntminer S19 XP21.5 J/TH$72,698-2.1%Near break-even
BitmainAntminer S19j XP21.5 J/TH$72,709-2.1%Near break-even
CanaanAvalon Made A146621.5 J/TH$72,811-2.2%Near break-even
BitmainAntminer T19 Pro Hyd22.0 J/TH$74,389-4.3%Near break-even
BitmainAntminer S19k Pro23.0 J/TH$77,770-8.4%Near break-even
CanaanAvalon Nano 3S23.3 J/TH$78,897-9.8%Near break-even
BitaxeSupra 40123.3 J/TH$78,897-9.8%Near break-even
NerdMinerNerdQaxe+ Hydro24.0 J/TH$81,151-12.3%Near break-even
CanaanAvalon Made A144624.5 J/TH$82,904-14.1%Near break-even
CanaanAvalon Made A136625.0 J/TH$84,532-15.8%Unprofitable
21energyOfen 225.0 J/TH$84,532-15.8%Unprofitable
21energyOfen 3 Base25.0 J/TH$84,532-15.8%Unprofitable
HeatbitMaxi Pro25.0 J/TH$84,532-15.8%Unprofitable
Lucky MinerLV0725.0 J/TH$84,532-15.8%Unprofitable
MicroBTWhatsminer M50S25.6 J/TH$86,540-17.7%Unprofitable
BitaxeUltra 136625.9 J/TH$87,516-18.6%Unprofitable
MicroBTWhatsminer M53S26.0 J/TH$87,914-19.0%Unprofitable
BitmainAntminer S19 Pro++26.0 J/TH$87,914-19.0%Unprofitable
MicroBTWhatsMiner M56S26.2 J/TH$88,520-19.6%Unprofitable
Lucky MinerLV0826.7 J/TH$90,168-21.0%Unprofitable
BitmainAntminer S19 Pro+ Hyd27.5 J/TH$92,986-23.4%Unprofitable
BitmainAntminer S19j Pro+27.5 J/TH$92,986-23.4%Unprofitable
MicroBTWhatsMiner M5628.6 J/TH$96,733-26.4%Unprofitable
MicroBTWhatsminer M5029.0 J/TH$98,058-27.4%Unprofitable
MicroBTWhatsminer M5329.0 J/TH$98,058-27.4%Unprofitable
BitmainAntminer S19 Pro Hyd29.5 J/TH$99,739-28.6%Unprofitable
BitmainAntminer S19j Pro29.5 J/TH$99,748-28.6%Unprofitable
BitmainAntminer S19j Pro29.5 J/TH$99,748-28.6%Unprofitable
BitmainAntminer S19 Pro29.5 J/TH$99,902-28.7%Unprofitable
HeatbitCanvas30.0 J/TH$101,439-29.8%Unprofitable
CanaanAvalon Made A134630.0 J/TH$101,439-29.8%Unprofitable
CanaanAvalon Miner A1366I30.0 J/TH$101,439-29.8%Unprofitable
MicroBTWhatsminer M33S++30.0 J/TH$101,439-29.8%Unprofitable
BitmainAntminer S19j Pro30.5 J/TH$103,130-31.0%Unprofitable
MicroBTWhatsminer M30S++31.0 J/TH$104,820-32.1%Unprofitable
MicroBTWhatsminer M36S+34.0 J/TH$114,964-38.1%Unprofitable
MicroBTWhatsminer M30S+34.0 J/TH$114,964-38.1%Unprofitable
BitmainAntminer S1934.2 J/TH$115,676-38.4%Unprofitable
BitmainAntminer T19 Hydro34.5 J/TH$116,655-39.0%Unprofitable
BitmainAntminer S19 Hydro34.5 J/TH$116,655-39.0%Unprofitable
CanaanAvalon Nano 335.0 J/TH$118,345-39.8%Unprofitable
BitmainAntminer S19j36.1 J/TH$122,102-41.7%Unprofitable
BitmainAntminer T1937.5 J/TH$126,799-43.8%Unprofitable
BitmainAntminer T19 Hydro37.5 J/TH$126,810-43.9%Unprofitable
CanaanAvalonMiner 124638.0 J/TH$128,489-44.6%Unprofitable
MicroBTWhatsminer M30S38.0 J/TH$128,489-44.6%Unprofitable
BitmainAntminer T1938.0 J/TH$128,489-44.6%Unprofitable
HeatbitMaxi38.5 J/TH$130,050-45.2%Unprofitable
BitmainAntminer S17 Pro39.5 J/TH$133,561-46.7%Unprofitable
BitmainAntminer S17 Pro39.5 J/TH$133,593-46.7%Unprofitable
BraiinsBMM10140.0 J/TH$135,252-47.4%Unprofitable
BitmainAntminer S17+40.0 J/TH$135,252-47.4%Unprofitable
BraiinsBMM10040.0 J/TH$135,252-47.4%Unprofitable
StrongUHornbill H8 Pro40.0 J/TH$135,252-47.4%Unprofitable
HeatbitHeatbit Trio40.0 J/TH$135,252-47.4%Unprofitable

How is the cost to mine 1 Bitcoin calculated?

The estimate is based on the ASIC's share of the Bitcoin network hashrate, current block rewards, recent transaction fees, power consumption and electricity price. It represents the electricity cost required to produce 1 BTC under current network conditions.

Network difficulty

148,364,561,003,867

Network hashrate

914.2 EH/s

Block subsidy

3.125 BTC

Avg fees / block

0.016 BTC

Blocks / day

124

This is an estimate. Actual mining costs depend on energy contracts, uptime, pool fees, hosting fees, taxes, ASIC purchase price, maintenance and cooling costs. The headline figure is an electricity-only cost and excludes hardware amortization and operating expenses.

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