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Bitmain Antminer S3 (0.48 TH/s)
Outdated · Bitmain · Air-cooled · SHA-256
The Bitmain Antminer S3 (0.48 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Bitmain released in Jul 2014. It runs at 0.48 TH/s while drawing 366 W, an efficiency of 765.69 J/TH. It is more than five years old and no longer competitive; the figures below are kept for reference.
More on this machine: Bitmain Antminer S3 price history · Bitmain Antminer S3 profitability history
Bitmain Antminer S3 profitability
As of Nov 2, 2026, hosted in Nigeria at 4.5¢/kWh with 73.6% uptime. Bitcoin $77,903.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000000 BTC | $0.01 | $0.31 | -$0.29 |
| Weekly | 0.000001 BTC | $0.08 | $2.14 | -$2.06 |
| Monthly | 0.000005 BTC | $0.36 | $9.29 | -$8.94 |
| Yearly | 0.000055 BTC | $4.26 | $111.50 | -$107.23 |
Electricity per bitcoin mined: $2,037,095.
Bitmain Antminer S3 price history
From $135 in Jan 2018 to $2 in Nov 2022 (-99%).
| Month | Price per unit | Price per TH |
|---|---|---|
| Jan 2018 | $108 | $225.93 |
| Feb 2018 | $97 | $202.25 |
| Mar 2018 | $79 | $165.43 |
| Apr 2018 | $37 | $78.40 |
| May 2018 | $30 | $62.69 |
| Jun 2018 | $17 | $34.73 |
| Jul 2018 | $13 | $28.02 |
| Aug 2018 | $18 | $36.97 |
| Sep 2018 | $8 | $16.64 |
| Oct 2018 | $8 | $16.38 |
| Nov 2018 | $8 | $16.21 |
| Dec 2018 | $10 | $20.47 |
| Jan 2019 | $10 | $20.80 |
| Feb 2019 | $13 | $26.84 |
| Mar 2019 | $14 | $29.68 |
| Apr 2019 | $16 | $32.48 |
| May 2019 | $15 | $32.04 |
| Jun 2019 | $14 | $28.80 |
| Jul 2019 | $11 | $22.37 |
| Aug 2019 | $9 | $19.17 |
| Sep 2019 | $5 | $10.29 |
| Oct 2019 | $6 | $12.44 |
| Nov 2019 | $4 | $8.47 |
| Dec 2019 | $4 | $8.58 |
| Jan 2020 | $2 | $5.17 |
| Feb 2020 | $2 | $4.72 |
| Mar 2020 | $2 | $5.11 |
| Apr 2020 | $2 | $4.75 |
| May 2020 | $3 | $5.97 |
| Jun 2020 | $2 | $4.11 |
| Jul 2020 | $2 | $4.30 |
| Aug 2020 | $2 | $4.20 |
| Sep 2020 | $3 | $6.45 |
| Oct 2020 | $6 | $12.22 |
| Nov 2020 | $7 | $15.66 |
| Dec 2020 | $11 | $23.01 |
| Jan 2021 | $19 | $40.41 |
| Feb 2021 | $23 | $48.82 |
| Mar 2021 | $23 | $49.08 |
| Apr 2021 | $15 | $32.02 |
| May 2021 | $10 | $21.42 |
| Jun 2021 | $13 | $27.13 |
| Jul 2021 | $14 | $29.97 |
| Aug 2021 | $13 | $28.10 |
| Sep 2021 | $17 | $35.85 |
| Oct 2021 | $13 | $26.53 |
| Nov 2021 | $13 | $26.53 |
| Dec 2021 | $11 | $23.31 |
| Jan 2022 | $11 | $23.10 |
| Feb 2022 | $11 | $22.03 |
| Mar 2022 | $9 | $19.13 |
| Apr 2022 | $9 | $17.96 |
| May 2022 | $5 | $11.02 |
| Jun 2022 | $5 | $11.08 |
| Jul 2022 | $5 | $10.41 |
| Aug 2022 | $5 | $9.51 |
| Sep 2022 | $4 | $9.00 |
| Oct 2022 | $2 | $4.79 |
| Nov 2022 | $2 | $4.74 |
Where to host the Bitmain Antminer S3
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.5¢ | 99.3% | $2,942,471 | -$18 | — | — |
| Nigeria | Air-cooled | 4.5¢ | 73.6% | $2,037,095 | -$9 | — | — |
| Argentina | Air-cooled | 6.5¢ | 98.7% | $2,942,471 | -$18 | — | — |
Bitmain Antminer S3 specifications
| Specification | Value |
|---|---|
| Manufacturer | Bitmain |
| Model | Bitmain Antminer S3 |
| Release date | Jul 2014 |
| Algorithm | SHA-256 |
| Hashrate | 0.48 TH/s |
| Power consumption | 366 W |
| Efficiency | 765.69 J/TH |
| Cooling | Air-cooled |
Bitmain Antminer S3 FAQ
Can I buy the Bitmain Antminer S3?
The Bitmain Antminer S3 is outdated. Newer models make bitcoin far more cheaply.
Is the Bitmain Antminer S3 (0.48 TH/s) profitable?
As of Nov 2, 2026, hosted in Nigeria at 4.5¢/kWh, the Bitmain Antminer S3 (0.48 TH/s) is calculated to lose $0.29 daily, $8.94 monthly and $107.23 yearly after electricity, at a bitcoin price of $77,903. It always changes with bitcoin's price and network difficulty.
What does it cost to mine one bitcoin with the Bitmain Antminer S3?
Electricity to mine one bitcoin with the Bitmain Antminer S3 costs about $2,037,095 in Nigeria, and $2,942,471 in UAE and $2,942,471 in Argentina. Bitcoin trades at $77,903, so every coin it mines is made above the price of buying one.
What is the hashrate and power consumption of the Bitmain Antminer S3?
The Bitmain Antminer S3 produces 0.48 TH/s of SHA-256 hashrate and consumes 366 W, giving an efficiency of 765.69 J/TH.
Is the Bitmain Antminer S3 air-cooled or hydro-cooled?
The Bitmain Antminer S3 is air-cooled with fans. In the UAE we run air-cooled machines in immersion tanks instead, which keeps them cool in desert heat.
Where can the Bitmain Antminer S3 be hosted?
We can host the Bitmain Antminer S3 in UAE (6.5¢/kWh, 99.3% uptime, immersion), Nigeria (4.5¢/kWh, 73.6% uptime) and Argentina (6.5¢/kWh, 98.7% uptime). The bitcoin it mines goes straight to your own wallet.
How has the price of the Bitmain Antminer S3 changed?
The Bitmain Antminer S3 sold for $135 in Jan 2018 and $2 as of Nov 2022, down 99%. Over that time it ranged from $2 to $135.
When was the Bitmain Antminer S3 released?
Bitmain announced the Bitmain Antminer S3 in Jul 2014.