Miner Revenue Comparison
Compare profitability of top ASIC miners based on current network difficulty and Bitcoin price.
|
Miner Model
|
Hashrate
|
Power
|
Revenue (24h)
|
Cost (24h)
|
Profit (24h)
|
|---|---|---|---|---|---|
|
Antminer S23 Hyd (580.0 TH)
9.5 J/TH
|
580.0 TH/s | 5510 W | $21.05 | -$10.58 |
$10.48
49.8% margin
|
|
Antminer S21 XP+ Hyd (480.0 TH)
11.0 J/TH
|
480.0 TH/s | 5280 W | $17.42 | -$10.14 |
$7.29
41.8% margin
|
|
Antminer S21 XP Hyd (473.0 TH)
12.0 J/TH
|
473.0 TH/s | 5676 W | $17.17 | -$10.90 |
$6.27
36.5% margin
|
|
Antminer S21 XP (270.0 TH)
13.5 J/TH
|
270.0 TH/s | 3645 W | $9.80 | -$7.00 |
$2.80
28.6% margin
|
|
Antminer S21+ Hyd (395.0 TH)
15.0 J/TH
|
395.0 TH/s | 5925 W | $14.34 | -$11.38 |
$2.96
20.7% margin
|
|
Antminer S21+ Hyd (358.0 TH)
15.0 J/TH
|
358.0 TH/s | 5370 W | $13.00 | -$10.31 |
$2.69
20.7% margin
|
Understanding Miner Revenue
How is Profit Calculated? expand_more
Miner profitability is determined by two main factors: Daily Revenue and Electricity Cost. Revenue is calculated using the current "Hashprice"—the expected daily value of 1 PH/s of hashrate given the current network difficulty and Bitcoin price.
Electricity cost is determined by the machine's power draw (in Watts) running 24 hours a day, multiplied by your local electricity rate ($/kWh). If the daily cost to run the machine is higher than the revenue it generates, the profit will be negative.
Understanding Miner Efficiency expand_more
- 1 J/TH (Joules per Terahash): This is the standard measure of mining efficiency. A lower number means the miner uses less power to produce the same amount of hashrate.
- 2 Bull Markets: When Bitcoin price is high, older, less efficient machines (higher J/TH) can become profitable again because the revenue outweighs the electricity cost.
- 3 Bear Markets: During price drops or after difficulty spikes, only the most modern, highly efficient machines (lowest J/TH) can remain profitable.