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Outdated · Bitmain · Air-cooled · SHA-256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 hashes 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.
As of Sep 17, 2026, hosted in Argentina at 6.0¢/kWh with 98.7% uptime. Bitcoin $77,356.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000004 BTC | $0.33 | $1.26 | -$0.93 |
| Weekly | 0.000030 BTC | $2.31 | $8.83 | -$6.52 |
| Monthly | 0.000130 BTC | $10.03 | $38.36 | -$28.33 |
| Yearly | 0.001555 BTC | $120.30 | $460.28 | -$339.97 |
Electricity per bitcoin mined: $295,958.
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.0¢ | 99.3% | $295,958 | -$29 | — | — |
| Nigeria | Air-cooled | 4.0¢ | 74.7% | $197,305 | -$12 | — | — |
| Argentina | Air-cooled | 6.0¢ | 98.7% | $295,958 | -$28 | — | — |
| 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 |
The Bitmain Antminer R4 is outdated. Newer models make bitcoin far more cheaply.
As of Sep 17, 2026, hosted in Argentina at 6.0¢/kWh, the Bitmain Antminer R4 (8.7 TH/s) is calculated to lose $0.93 daily, $28.33 monthly and $339.97 yearly after electricity, at a bitcoin price of $77,356. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the Bitmain Antminer R4 costs about $295,958 in Argentina, and $295,958 in UAE and $197,305 in Nigeria. Bitcoin trades at $77,356, so every coin it mines is made above the price of buying one.
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 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 (4.0¢/kWh, 74.7% 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.