Firsthand Bitcoin · Data · Bitcoin miners
9 of the largest listed bitcoin miners, read from their own filings for the first half of 2026 and put through the same arithmetic: what they pay per kWh for power, what running their sites adds, and what each bitcoin cost them to make.
| Company | Bitcoin mined | Power ¢/kWh | All-in ¢/kWh | Loaded ¢/kWh | All-in $/BTC | Loaded $/BTC | Revenue $/BTC |
|---|---|---|---|---|---|---|---|
| <a href="/data/public-miners/riot">Riot Platforms</a> (RIOT) | 3,060 | 3.3¢ | 4.2¢ | 5.8¢ | $47,400 | $65,400 | $73,700 |
| <a href="/data/public-miners/canaan">Canaan</a> (CAN) | 500 | 4.3¢ | 4.3¢ | 5.9¢ | $61,900 | $84,000 | $73,600 |
| <a href="/data/public-miners/american-bitcoin">American Bitcoin</a> (ABTC) | 1,749 | 4.8¢ est. | 4.8¢ est. | 5.8¢ est. | $36,400 | $44,100 | $73,800 |
| <a href="/data/public-miners/terawulf">TeraWulf</a> (WULF) | 347 | 2.4¢ | 4.8¢ | 11.7¢ | $45,400 | $109,900 | $74,400 |
| <a href="/data/public-miners/bitdeer">Bitdeer</a> (BTDR) | 4,727 | 4.8¢ | 5.2¢ | 6.4¢ | $46,100 | $56,700 | $73,900 |
| <a href="/data/public-miners/cleanspark">CleanSpark</a> (CLSK) | 3,715 | 5.3¢ | 5.3¢ | 7.7¢ | $45,000 | $65,800 | $73,900 |
| <a href="/data/public-miners/hive">HIVE Digital</a> (HIVE) | 1,880 | 5.5¢ est. | 6.2¢ est. | 7.2¢ est. | $54,400 | $63,500 | $74,100 |
| <a href="/data/public-miners/mara">MARA</a> (MARA) | 4,584 | 4.0¢ est. | 6.6¢ est. | 9.4¢ est. | $63,000 | $90,200 | $74,700 |
| <a href="/data/public-miners/cango">Cango</a> (CANG) | 1,922 | — | 6.6–8.5¢ est. | — | $78,200 | $84,400 | $75,900 |
| Group | 22,484 | 4.5¢ | 5.4¢ | 7.3¢ | $52,600 | $69,600 | $74,200 |
This is our analysis of the company's public filings, not an audit in the accounting sense, and it is not investment advice. Mining output depends on bitcoin's price, difficulty and uptime, and isn't guaranteed.