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Bitmain Antminer S23 Immersion profitability history

What the Bitmain Antminer S23 Immersion (442 TH/s) produced each month hosted in UAE at 6.0¢/kWh with 99.3% uptime, valued at each month's own bitcoin price. Since Nov 2025: 0.06504 BTC mined, $4,957 of revenue, $2,580 of electricity.

The Bitmain Antminer S23 Immersion 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.

Every month

MonthBitcoin minedAvg BTC priceRevenueElectricityProfitCost per BTC
Nov 20250.00579$96,544$559.33$238.91$320.43$41,236
Dec 20250.00599$89,011$532.88$246.87$286.01$41,236
Jan 20260.00599$90,561$542.16$246.87$295.29$41,236
Feb 20260.00541$69,041$373.32$222.98$150.35$41,236
Mar 20260.00615$69,639$428.09$246.87$181.22$40,151
Apr 20260.00592$73,653$436.09$238.91$197.19$40,359
May 20260.00622$78,042$485.46$246.87$238.60$39,705
Jun 20260.00622$63,191$393.02$238.91$154.11$38,415
Jul 20260.00650$63,758$414.23$246.87$167.37$38,009
Aug 20260.00663$69,368$460.06$246.87$213.20$37,234
Sep 20260.00423$78,575$332.44$159.27$173.17$37,640

Profit is over electricity only and does not repay the machine, shipping, import or setup. Bitmain Antminer S23 Immersion price history · Bitmain Antminer S23 Immersion specifications and price