Home / Bitcoin miners / Bitmain Antminer S3
Outdated · Bitmain · Air-cooled · SHA-256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 hashes 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.
As of Sep 17, 2026, hosted in Argentina at 6.0¢/kWh with 98.7% uptime. Bitcoin $77,356.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000000 BTC | $0.02 | $0.55 | -$0.53 |
| Weekly | 0.000002 BTC | $0.13 | $3.82 | -$3.70 |
| Monthly | 0.000007 BTC | $0.55 | $16.62 | -$16.06 |
| Yearly | 0.000085 BTC | $6.61 | $199.36 | -$192.75 |
Electricity per bitcoin mined: $2,333,167.
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.0¢ | 99.3% | $2,333,167 | -$16 | — | — |
| Nigeria | Air-cooled | 4.0¢ | 74.7% | $1,555,445 | -$8 | — | — |
| Argentina | Air-cooled | 6.0¢ | 98.7% | $2,333,167 | -$16 | — | — |
| 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 |
The Bitmain Antminer S3 is outdated. Newer models make bitcoin far more cheaply.
As of Sep 17, 2026, hosted in Argentina at 6.0¢/kWh, the Bitmain Antminer S3 (0.48 TH/s) is calculated to lose $0.53 daily, $16.06 monthly and $192.75 yearly after electricity, at a bitcoin price of $77,356. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the Bitmain Antminer S3 costs about $2,333,167 in Argentina, and $2,333,167 in UAE and $1,555,445 in Nigeria. Bitcoin trades at $77,356, so every coin it mines is made above the price of buying one.
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.
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.
We can host the Bitmain Antminer S3 in UAE (6.0¢/kWh, 99.3% uptime, immersion), Nigeria (4.0¢/kWh, 74.7% uptime) and Argentina (6.0¢/kWh, 98.7% uptime). The bitcoin it mines goes straight to your own wallet.
Bitmain announced the Bitmain Antminer S3 in Jul 2014.