Firsthand Bitcoin · Data · Bitcoin miners
Data / Break-even electricity price / 2022
The electricity price, in cents per kWh, at which each class of bitcoin miner stops covering its power.
13.5 J/TH (S21 XP class) opened 2022 at 78.7¢ (January 1, 2022) and closed at 18.7¢ (December 31, 2022), down 76.2%. The high was 78.7¢ on January 1, 2022 and the low 17.7¢ on November 27, 2022.
| Month | Month end |
|---|---|
| January 2022 | 55.0¢ |
| February 2022 | 53.7¢ |
| March 2022 | 65.4¢ |
| April 2022 | 53.2¢ |
| May 2022 | 39.1¢ |
| June 2022 | 27.6¢ |
| July 2022 | 32.4¢ |
| August 2022 | 28.0¢ |
| September 2022 | 23.9¢ |
| October 2022 | 21.9¢ |
| November 2022 | 17.9¢ |
| December 2022 | 18.7¢ |
The power price at which a machine’s daily revenue exactly equals its electricity bill: above the line it mines at a loss, below it the difference is margin. Each line is a class of machine by efficiency.
Other years: 2026 · 2025 · 2024 · 2023 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2022: Bitcoin price · Distance from the all-time high · 200-day and 200-week averages · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · What a bitcoin costs us to mine, against the market