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Data / What a bitcoin costs us to mine, against the market / 2026

What a bitcoin costs us to mine, against the market in 2026

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 2026 at $29,625 (January 1, 2026) and closed at $26,491 (September 22, 2026), down 10.6%. The high was $29,652 on January 2, 2026 and the low $23,088 on September 20, 2026.

Firsthand cost (Nigeria, 3.9¢), month by month in 2026

MonthMonth end
January 2026$28,264
February 2026$28,837
March 2026$26,736
April 2026$27,051
May 2026$27,755
June 2026$26,680
July 2026$25,148
August 2026$25,157
September 2026$26,491

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: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013

Also in 2026: 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