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Compare ASIC miners by efficiency and running cost

Every Bitcoin miner in our catalogue with published hashrate and wall power, ranked by joules per terahash — lowest first. The last three columns are the cost of the electricity alone to run the machine for 24 hours at three common industrial rates. They are arithmetic, not a forecast: watts x 24 / 1000 x your rate.

Two numbers do most of the work here. Efficiency tells you whether the machine survives the next difficulty increase. Power at the wall tells you what you have to build: the circuit, the breaker, the cooling capacity and the noise. Almost nothing in this table runs on an ordinary household outlet. To model revenue rather than cost, use the mining profitability calculator.

SHA-256 miners ranked by joules per terahash with daily electricity cost
ModelHashratePowerEfficiencyPrice$0.06/kWh$0.10/kWh$0.14/kWh
Nerdaxe Ultra 500Gh/s 12W Bitcoin Solo Miner500GH/s12W0.0 J/GH$82$0$0$0
Nerdminer Pro 78KH/s 3.5W Bitcoin Solo Miner78Kh/s3.5W0.0 J/TH$39$0$0$0
Bitmain Antminer S23 Hyd 580Th/s 5510W Bitcoin Miner Hydro Cooling580Th5,510W9.5 J/TH$6,950$8$13$19
Antminer S23 Hyd 3U (1.16Ph/s)1160Th11,020W9.5 J/TH$7,988$16$26$37
Antminer S23 Hyd (580Th)580Th5,510W9.5 J/TH$5,990$8$13$19
Antminer S23e U2H (860Th)860Th8,600W10.0 J/TH$14,900$12$21$29
Bitmain Antminer S21 XP+ Hyd 500Th/s 5500W Bitcoin Miner Hydro Cooling500Th/s5,500W11.0 J/TH$4,400$8$13$18
Bitmain Antminer S23 318TH/s 3498W Bitcoin Miner318Th/s3,498W11.0 J/TH$4,700$5$8$12
Antminer S23 (320Th) air-cooled320Th3,520W11.0 J/TH$4,290$5$8$12
Antminer S21 XP+ Hyd (500Th)500Th5,500W11.0 J/TH$6,125$8$13$18
MicroBT Whatsminer M66S+ (318Th)318Th3,498W11.0 J/TH$4,290$5$8$12
MicroBT Whatsminer M60S++ (244Th)244Th3,416W14.0 J/TH$2,790$5$8$11
Bitmain Antminer S21+ Hydro 319T 358T 395T 4785W Bitcoin Miner Hydro Cooling319T4,785W15.0 J/TH$2,105$7$11$16
Nerdaxe Gamma 601 1.2Th/s 18W Bitcoin Solo Miner1.2TH/s18W15.0 J/TH$164$0$0$0
MicroBT WhatsMiner M60S++ 220T 3410W Bitcoin Miner220Th/s3,400W15.5 J/TH$1,128$5$8$11
MicroBT Whatsminer M63S+ (450Th)450Th7,350W16.3 J/TH$5,490$11$18$25
Canaan Avalon A1566HA 2U 480Th/s 8064W Bitcoin Miner480TH/s8,064W16.8 J/TH$3,090$12$19$27
Bitmain Antminer S21e Hydro 288Th/s 310Th/s 4896W Bitcoin Miner Hydro Cooling288Th/s4,896W17.0 J/TH$1,800$7$12$16
MicroBT WhatsMiner M63S+ 450T BTC Minerhashrate of 450th/s7,650W17.0 J/TH$3,222$11$18$26
Canaan Avalon A15 Pro (218Th)218Th3,800W17.4 J/TH$2,190$5$9$13
MicroBT Whatsminer M61S+ Bitcoin Miner220TH/S3,850W17.5 J/TH$1,626$6$9$13
Canaan Avalon Q 90Th/s 1674W Bitcoin Miner90Th/s1,674W18.6 J/TH$1,000$2$4$6
Bitmain Antminer S19 XP+ Hyd 279T 293T 5301W Bitcoin Miner Hydro Cooling279Th5,301W19.0 J/TH$2,570$8$13$18
Bitmain Anminer S19 XP Hyd. 257T 5345W SHA-256 Bitcoin Miner257Th/s5,345W20.8 J/TH$1,050$8$13$18
Bitmain Antminer S19 Pro Hyd. 170T 177T 184T 5428W BTC BCH BSV Bitcoin Miner Hydro-cooling Mining Machine184Th/s5,221W28.4 J/TH$1,310$8$13$18

Common questions

Why rank miners by J/TH instead of hashrate?
Electricity is the largest lifetime cost of running an ASIC, so the machine that converts the most electricity into hashrate wins. Joules per terahash expresses exactly that. A slower machine at 11 J/TH will out-earn a faster one at 20 J/TH at the same power price.
How is the daily power cost calculated?
Power at the wall in watts multiplied by 24 hours, divided by 1,000, multiplied by the electricity price. It is arithmetic on the electricity only — it excludes mining revenue, pool fees, cooling overhead and hosting costs.
What efficiency do I need to break even?
It depends on your power price more than on the machine. As a rough guide in 2026, air-cooled units above 20 J/TH need electricity below about six cents per kWh to stay positive, while 10-12 J/TH hydro machines still clear at ten to twelve cents.
Does hydro cooling improve efficiency by itself?
Indirectly. Liquid cooling holds chip temperature flat, which lets the firmware run a higher clock at the same voltage and avoids thermal throttling in summer. The efficiency figures quoted for hydro units assume a working loop with return water in the 45-55°C range.