Firsthand Bitcoin · Data · Bitcoin miners
Data / Break-even electricity price / 2023
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 2023 at 18.6¢ (January 1, 2023) and closed at 28.9¢ (December 31, 2023), up 55.0%. The high was 35.9¢ on December 22, 2023 and the low 18.5¢ on October 19, 2023.
| Month | Month end |
|---|---|
| January 2023 | 23.7¢ |
| February 2023 | 22.6¢ |
| March 2023 | 23.6¢ |
| April 2023 | 23.8¢ |
| May 2023 | 22.9¢ |
| June 2023 | 23.7¢ |
| July 2023 | 22.0¢ |
| August 2023 | 18.8¢ |
| September 2023 | 18.7¢ |
| October 2023 | 22.3¢ |
| November 2023 | 23.9¢ |
| December 2023 | 28.9¢ |
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 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2023: 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 · Miner prices per terahash · Bitmain releases and the bitcoin price