Home / Bitcoin miners / Bitmain Antminer R4
Outdated · last price $4,680 per unit · Bitmain · Air-cooled · SHA-256
The Bitmain Antminer R4 (8.7 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Bitmain released in Feb 2017. It runs at 8.7 TH/s while drawing 845 W, an efficiency of 97.13 J/TH. It is more than five years old and no longer competitive; the figures below are kept for reference.
More on this machine: Bitmain Antminer R4 profitability history
As of Sep 21, 2026, hosted in Argentina at 6.0¢/kWh with 98.7% uptime. Bitcoin $87,031.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000004 BTC | $0.36 | $1.26 | -$0.90 |
| Weekly | 0.000029 BTC | $2.51 | $8.83 | -$6.32 |
| Monthly | 0.000125 BTC | $10.89 | $38.36 | -$27.47 |
| Yearly | 0.001501 BTC | $130.65 | $460.28 | -$329.63 |
Electricity per bitcoin mined: $306,612. Year 1 return: -5%.
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.0¢ | 99.3% | $306,612 | -$28 | $6,776 | -5% |
| Nigeria | Air-cooled | 3.9¢ | 73.6% | $199,298 | -$10 | $7,294 | -2% |
| Argentina | Air-cooled | 6.0¢ | 98.7% | $306,612 | -$27 | $7,196 | -5% |
| Specification | Value |
|---|---|
| Manufacturer | Bitmain |
| Model | Bitmain Antminer R4 |
| Release date | Feb 2017 |
| Algorithm | SHA-256 |
| Hashrate | 8.7 TH/s |
| Power consumption | 845 W |
| Efficiency | 97.13 J/TH |
| Cooling | Air-cooled |
| Weight | 2.5 kg (approx.) |
The Bitmain Antminer R4 (8.7 TH/s) is outdated with us; its market price is about $4,680 per unit ($537.93 per TH/s). Delivered, imported, installed and hosted in Argentina with a two-month hosting deposit, the all-in cost is about $7,196 per machine.
As of Sep 21, 2026, hosted in Argentina at 6.0¢/kWh, the Bitmain Antminer R4 (8.7 TH/s) is calculated to lose $0.90 daily, $27.47 monthly and $329.63 yearly after electricity, at a bitcoin price of $87,031. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the Bitmain Antminer R4 costs about $306,612 in Argentina, and $306,612 in UAE and $199,298 in Nigeria. Bitcoin trades at $87,031, so every coin it mines is made above the price of buying one.
At current bitcoin price and difficulty, the Bitmain Antminer R4 returns -5–-2% in its first year at our sites, after electricity, against everything paid up front: the machine, shipping, import, infrastructure, setup and hosting deposit. You keep the machine and every bitcoin it mines. It always changes.
The Bitmain Antminer R4 produces 8.7 TH/s of SHA-256 hashrate and consumes 845 W, giving an efficiency of 97.13 J/TH.
The Bitmain Antminer R4 measures about n/a and weighs around 2.5 kg.
The Bitmain Antminer R4 is air-cooled with fans. In the UAE we run air-cooled machines in immersion tanks instead, which keeps them cool in desert heat.
We can host the Bitmain Antminer R4 in UAE (6.0¢/kWh, 99.3% uptime, immersion), Nigeria (3.9¢/kWh, 73.6% uptime) and Argentina (6.0¢/kWh, 98.7% uptime). The bitcoin it mines goes straight to your own wallet.
Bitmain announced the Bitmain Antminer R4 in Feb 2017.