Home / Bitcoin miners / Bitmain Antminer S23 / Profitability history
What the Bitmain Antminer S23 (296 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: 0.04329 BTC mined, $3,300 of revenue, $1,574 of electricity.
The Bitmain Antminer S23 was released in May 2025; 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 | 0.00386 | $96,544 | $372.31 | $145.77 | $226.54 | $37,800 |
| Dec 2025 | 0.00398 | $89,011 | $354.70 | $150.63 | $204.07 | $37,800 |
| Jan 2026 | 0.00398 | $90,561 | $360.88 | $150.63 | $210.25 | $37,800 |
| Feb 2026 | 0.00360 | $69,041 | $248.50 | $136.05 | $112.44 | $37,800 |
| Mar 2026 | 0.00409 | $69,639 | $284.95 | $150.63 | $134.32 | $36,805 |
| Apr 2026 | 0.00394 | $73,653 | $290.28 | $145.77 | $144.51 | $36,996 |
| May 2026 | 0.00414 | $78,042 | $323.14 | $150.63 | $172.51 | $36,396 |
| Jun 2026 | 0.00414 | $63,191 | $261.61 | $145.77 | $115.83 | $35,214 |
| Jul 2026 | 0.00432 | $63,758 | $275.73 | $150.63 | $125.10 | $34,842 |
| Aug 2026 | 0.00441 | $69,368 | $306.24 | $150.63 | $155.60 | $34,132 |
| Sep 2026 | 0.00282 | $78,575 | $221.28 | $97.18 | $124.10 | $34,503 |
| Bought | Paid landed | Bitcoin mined | Worth today | Electricity | Return | Annualized |
|---|---|---|---|---|---|---|
| 9 months ago (2025-12-09) | $11,040 | 0.03841 | $3,085 | $1,390 | 15% | 20% |
Profit is over electricity only and does not repay the machine, shipping, import or setup. Bitmain Antminer S23 price history · Bitmain Antminer S23 specifications and price