Bitmain Antminer S9

Heat per day

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Electricity per day

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Mining earns per day*

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Net cost per day

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Net cost per kWh of heat

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Solo: chance of a block per year

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Earns per kWh, on 3-month averages

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Payback

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The maker gives no hashrate for this mode, so we can't work out its mining income.

*What a pool would pay on average at today's difficulty, block reward and bitcoin price, before pool fees. Solo miners usually earn nothing, and very rarely a whole block. A plain electric heater turns the same electricity into the same heat, so the mining income is what makes the difference.

Payback is how long the bitcoin a device earns takes to add up to its price. It leaves out electricity, which buys the heat: compare earnings per kWh with your electricity price to see whether mining alone covers it. It uses the average of the last 3 months, to 12 Nov 2026: bitcoin at $79,558, 969 EH/s on the network and 3.15 BTC a block, less a 2% pool fee, for the hours you set. It cuts the block subsidy in half at each halving, the next around Apr 2028, and otherwise assumes those carry on unchanged, which they won't. Income at today's difficulty and price is about 17% below that average. Hashrate usually rises, though miners that stop paying after a halving may switch off, which leaves more for the rest. How we work it out.