Home / Bitcoin miners / Bitmain Antminer S11 / Profitability history
What the Bitmain Antminer S11 (20.5 TH/s) produced each month hosted in Argentina at 6.0¢/kWh with 98.7% uptime, valued at each month's own bitcoin price. Since Nov 2025: 0.00300 BTC mined, $229 of revenue, $740 of electricity.
The Bitmain Antminer S11 was released in Nov 2018; daily market data begins in Nov 2025, so months before that are not shown rather than estimated. The price history covers the full period.
| Month | Bitcoin mined | Avg BTC price | Revenue | Electricity | Profit | Cost per BTC |
|---|---|---|---|---|---|---|
| Nov 2025 | 0.00027 | $96,544 | $25.79 | $68.50 | -$42.71 | $256,470 |
| Dec 2025 | 0.00028 | $89,011 | $24.57 | $70.78 | -$46.22 | $256,470 |
| Jan 2026 | 0.00028 | $90,561 | $24.99 | $70.78 | -$45.79 | $256,470 |
| Feb 2026 | 0.00025 | $69,041 | $17.21 | $63.93 | -$46.72 | $256,470 |
| Mar 2026 | 0.00028 | $69,639 | $19.73 | $70.78 | -$51.05 | $249,721 |
| Apr 2026 | 0.00027 | $73,653 | $20.10 | $68.50 | -$48.39 | $251,016 |
| May 2026 | 0.00029 | $78,042 | $22.38 | $70.78 | -$48.40 | $246,943 |
| Jun 2026 | 0.00029 | $63,191 | $18.12 | $68.50 | -$50.38 | $238,923 |
| Jul 2026 | 0.00030 | $63,758 | $19.10 | $70.78 | -$51.69 | $236,397 |
| Aug 2026 | 0.00031 | $69,368 | $21.21 | $70.78 | -$49.57 | $231,580 |
| Sep 2026 | 0.00020 | $78,575 | $15.33 | $45.67 | -$30.34 | $234,102 |
Profit is over electricity only and does not repay the machine, shipping, import or setup. Bitmain Antminer S11 price history · Bitmain Antminer S11 specifications and price