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Bitmain Antminer R4 profit projection

Set where you think bitcoin is going and how fast the network grows; the tool walks this machine day by day from today to the end of 2029 at Nigeria’s rate of 4.5¢/kWh and its real uptime.

At the defaults — bitcoin at $150,000 by the end of 2029 in a straight line from $77,903 today, difficulty up 0.5% at every adjustment — one Bitmain Antminer R4 (8.7 TH/s) landed and set up for $6,726 mines 0.0019 BTC over 1156 days for $815 of electricity. Sold daily that returns -$7,335 (-109% on the machine); held to the end, -$7,249 (-108%).

Month by month

MonthBitcoin minedBTC price (assumed)RevenueElectricityProfit
Nov 20260.00008$79,651$6.20$20.45-$14.25
Dec 20260.00008$81,586$6.72$21.86-$15.15
Jan 20270.00008$83,521$6.80$21.86-$15.06
Feb 20270.00007$85,269$6.22$19.75-$13.53
Mar 20270.00008$87,204$6.96$21.86-$14.90
Apr 20270.00008$89,076$6.81$21.16-$14.35
May 20270.00008$91,012$7.11$21.86-$14.75
Jun 20270.00008$92,884$6.95$21.16-$14.21
Jul 20270.00008$94,819$7.25$21.86-$14.61
Aug 20270.00008$96,754$7.32$21.86-$14.54
Sep 20270.00007$98,627$7.15$21.16-$14.01
Oct 20270.00007$100,562$7.45$21.86-$14.42
Nov 20270.00007$102,435$7.26$21.16-$13.89
Dec 20270.00007$104,370$7.56$21.86-$14.30
Jan 20280.00007$106,305$7.62$21.86-$14.24
Feb 20280.00007$108,115$7.18$20.45-$13.27
Mar 20280.00007$110,050$7.73$21.86-$14.14
Apr 20280.00005$111,923$5.01$21.16-$16.14
May 20280.00003$113,858$3.91$21.86-$17.95
Jun 20280.00003$115,731$3.81$21.16-$17.35
Jul 20280.00003$117,666$3.96$21.86-$17.91
Aug 20280.00003$119,601$3.98$21.86-$17.88
Sep 20280.00003$121,473$3.87$21.16-$17.29
Oct 20280.00003$123,408$4.02$21.86-$17.85
Nov 20280.00003$125,281$3.91$21.16-$17.25
Dec 20280.00003$127,216$4.05$21.86-$17.81
Jan 20290.00003$129,151$4.07$21.86-$17.79
Feb 20290.00003$130,899$3.69$19.75-$16.06
Mar 20290.00003$132,834$4.10$21.86-$17.76
Apr 20290.00003$134,707$3.98$21.16-$17.18
May 20290.00003$136,642$4.13$21.86-$17.74
Jun 20290.00003$138,514$4.01$21.16-$17.15
Jul 20290.00003$140,449$4.15$21.86-$17.71
Aug 20290.00003$142,385$4.16$21.86-$17.70
Sep 20290.00003$144,257$4.04$21.16-$17.12
Oct 20290.00003$146,192$4.18$21.86-$17.68
Nov 20290.00003$148,065$4.06$21.16-$17.10
Dec 20290.00003$150,000$4.20$21.86-$17.66

A projection is arithmetic on your assumptions, not a forecast, and nothing here is investment advice. Bitmain Antminer R4 profitability history · Bitmain Antminer R4 specifications and price