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Data / What a bitcoin costs us to mine, against the market / 2013

What a bitcoin costs us to mine, against the market in 2013

The electricity behind one mined bitcoin at our hosting rates against a typical 7.5¢ industrial rate, on the same machine.

Firsthand cost (Nigeria, 3.9¢) opened 2013 at $0.00 (March 18, 2013) and closed at $0.04 (December 31, 2013), up 10175.8%. The high was $0.04 on December 28, 2013 and the low $0.00 on April 17, 2013.

Firsthand cost (Nigeria, 3.9¢), month by month in 2013

MonthMonth end
March 2013$0.00
April 2013$0.00
May 2013$0.00
June 2013$0.00
July 2013$0.00
August 2013$0.00
September 2013$0.00
October 2013$0.01
November 2013$0.02
December 2013$0.04

The same machine — a current 13.5 J/TH air miner — mining the same network on the same day, with only the price of electricity changed. The green line is our Nigeria rate of 3.9¢ per kWh, the blue is the 6¢ our UAE and Argentina sites run at, and the red is 7.5¢, which is a normal industrial hosting rate almost anywhere else.

Other years: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014

Also in 2013: Bitcoin price · Distance from the all-time high · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · Break-even electricity price · Hash ribbons

The full history · CSV