Firsthand Bitcoin · Data · Bitcoin miners

Data / Break-even electricity price / 2024

Break-even electricity price in 2024

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 2024 at 29.3¢ (January 1, 2024) and closed at 17.2¢ (December 31, 2024), down 41.3%. The high was 35.7¢ on March 14, 2024 and the low 12.2¢ on September 12, 2024.

13.5 J/TH (S21 XP class), month by month in 2024

MonthMonth end
January 202424.5¢
February 202427.2¢
March 202433.5¢
April 202417.9¢
May 202416.8¢
June 202414.8¢
July 202416.0¢
August 202413.7¢
September 202414.3¢
October 202414.8¢
November 202418.7¢
December 202417.2¢

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 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013

Also in 2024: 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

The full history · CSV