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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 6.5¢/kWh with 99.3% uptime, valued at each month’s own bitcoin price. Since Jan 2026: 0.05611 BTC mined, $4,085 of revenue, $2,338 of electricity.

The Bitmain Antminer S23 Immersion was released in May 2025; daily market data begins in Jan 2026, 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
Jan 20260.00573$90,648$519.20$258.81$260.38$45,168
Feb 20260.00575$69,035$397.07$241.56$155.51$41,990
Mar 20260.00611$69,617$425.44$267.44$158.00$43,745
Apr 20260.00607$73,507$446.58$258.81$187.76$42,612
May 20260.00638$78,032$498.03$267.44$230.59$41,922
Jun 20260.00632$63,237$399.90$258.81$141.09$40,923
Jul 20260.00666$63,709$424.67$267.44$157.23$40,135
Aug 20260.00680$69,262$471.15$267.44$203.71$39,328
Sep 20260.00627$80,311$503.21$250.19$253.02$39,904

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