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Bitmain Antminer S21 profitability history

What the Bitmain Antminer S21 (200 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: 0.02925 BTC mined, $2,229 of revenue, $1,692 of electricity.

The Bitmain Antminer S21 was released in Aug 2023; daily market data begins in Nov 2025, so months before that are not shown rather than estimated. The price history covers the full period.

Every month

MonthBitcoin minedAvg BTC priceRevenueElectricityProfitCost per BTC
Nov 20250.00261$96,544$251.56$156.70$94.87$60,136
Dec 20250.00269$89,011$239.67$161.92$77.75$60,136
Jan 20260.00269$90,561$243.84$161.92$81.92$60,136
Feb 20260.00243$69,041$167.90$146.25$21.65$60,136
Mar 20260.00277$69,639$192.53$161.92$30.62$58,554
Apr 20260.00266$73,653$196.14$156.70$39.44$58,858
May 20260.00280$78,042$218.34$161.92$56.42$57,902
Jun 20260.00280$63,191$176.76$156.70$20.06$56,022
Jul 20260.00292$63,758$186.30$161.92$24.38$55,430
Aug 20260.00298$69,368$206.92$161.92$45.00$54,300
Sep 20260.00190$78,575$149.52$104.46$45.05$54,892

If you had bought the Bitmain Antminer S21 earlier

BoughtPaid landedBitcoin minedWorth todayElectricityReturnAnnualized
6 months ago (2026-02-06)$2,7370.02082$1,673$1,18618%29%
First listed (Oct 2023) (2023-10-10)$4,8140.02925$2,350$1,69214%5%

Profit is over electricity only and does not repay the machine, shipping, import or setup. Bitmain Antminer S21 price history · Bitmain Antminer S21 specifications and price