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Bitmain Antminer S23 profit projection

Set where you think bitcoin is going and how fast the network grows; the tool walks this machine day by day from today to the end of 2029 at Argentina’s rate of 6.5¢/kWh and its real uptime.

At the defaults — bitcoin at $150,000 by the end of 2029 in a straight line from $77,903 today, difficulty up 0.5% at every adjustment — one Bitmain Antminer S23 (318 TH/s) landed and set up for $7,957 mines 0.0955 BTC over 1156 days for $6,537 of electricity. Sold daily that returns -$4,418 (-56% on the machine); held to the end, -$172 (-2%).

Month by month

MonthBitcoin minedBTC price (assumed)RevenueElectricityProfit
Nov 20260.00386$79,651$304.10$164.00$140.10
Dec 20260.00408$81,586$329.27$175.31$153.95
Jan 20270.00404$83,521$333.46$175.31$158.15
Feb 20270.00361$85,269$304.69$158.35$146.34
Mar 20270.00395$87,204$341.09$175.31$165.78
Apr 20270.00379$89,076$333.73$169.66$164.07
May 20270.00387$91,012$348.49$175.31$173.18
Jun 20270.00370$92,884$340.65$169.66$171.00
Jul 20270.00379$94,819$355.41$175.31$180.10
Aug 20270.00374$96,754$358.75$175.31$183.44
Sep 20270.00358$98,627$350.25$169.66$180.60
Oct 20270.00366$100,562$364.99$175.31$189.68
Nov 20270.00351$102,435$356.08$169.66$186.42
Dec 20270.00358$104,370$370.80$175.31$195.49
Jan 20280.00355$106,305$373.59$175.31$198.27
Feb 20280.00328$108,115$351.91$164.00$187.91
Mar 20280.00347$110,050$378.68$175.31$203.37
Apr 20280.00222$111,923$245.76$169.66$76.10
May 20280.00170$113,858$191.74$175.31$16.42
Jun 20280.00163$115,731$186.64$169.66$16.98
Jul 20280.00166$117,666$193.94$175.31$18.63
Aug 20280.00164$119,601$194.99$175.31$19.68
Sep 20280.00157$121,473$189.66$169.66$20.00
Oct 20280.00161$123,408$196.92$175.31$21.61
Nov 20280.00154$125,281$191.44$169.66$21.78
Dec 20280.00157$127,216$198.68$175.31$23.37
Jan 20290.00156$129,151$199.51$175.31$24.20
Feb 20290.00139$130,899$180.88$158.35$22.53
Mar 20290.00152$132,834$200.97$175.31$25.66
Apr 20290.00146$134,707$195.16$169.66$25.51
May 20290.00149$136,642$202.33$175.31$27.02
Jun 20290.00143$138,514$196.40$169.66$26.75
Jul 20290.00146$140,449$203.53$175.31$28.22
Aug 20290.00144$142,385$204.09$175.31$28.78
Sep 20290.00138$144,257$198.00$169.66$28.34
Oct 20290.00141$146,192$205.08$175.31$29.77
Nov 20290.00135$148,065$198.89$169.66$29.23
Dec 20290.00138$150,000$205.93$175.31$30.62

A projection is arithmetic on your assumptions, not a forecast, and nothing here is investment advice. Bitmain Antminer S23 profitability history · Bitmain Antminer S23 specifications and price · What the Antminer S23 will do, judged by what the S19 and S21 did