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Bitmain Antminer S3 profitability history

What the Bitmain Antminer S3 (0.478 TH/s) produced each month hosted in Nigeria at 4.5¢/kWh with 73.6% uptime, valued at each month’s own bitcoin price. Since Jan 2017: 0.06281 BTC mined, $312 of revenue, $1,101 of electricity.

Today: -$0.30 a day after electricity and $2,033,730 of electricity per bitcoin mined, hosted in Nigeria at 4.5¢/kWh, as of Nov 13, 2026 with bitcoin at $69,011. Today's profitability at each site. Mining output depends on bitcoin's price, network difficulty and uptime, and is not guaranteed. Nothing here is investment advice.

The Bitmain Antminer S3 was released in Jul 2014; daily market data begins in Jan 2017, 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 20170.00779$914$7.16$9.47-$2.31$1,215
Feb 20170.00575$1,049$6.01$8.55-$2.54$1,487
Mar 20170.00558$1,139$6.39$9.47-$3.08$1,697
Apr 20170.00497$1,202$5.98$9.16-$3.19$1,846
May 20170.00492$1,853$8.99$9.47-$0.47$1,926
Jun 20170.00403$2,627$10.58$9.16$1.42$2,274
Jul 20170.00329$2,456$8.08$9.47-$1.39$2,880
Aug 20170.00323$3,833$12.48$9.47$3.02$2,932
Sep 20170.00270$4,088$11.07$9.16$1.90$3,391
Oct 20170.00235$5,238$12.28$9.47$2.81$4,036
Nov 20170.00188$7,707$14.39$9.16$5.22$4,864
Dec 20170.00156$14,666$22.75$9.47$13.28$6,077
Jan 20180.00114$12,955$14.97$9.47$5.50$8,295
Feb 20180.00081$9,531$7.65$8.55-$0.90$10,607
Mar 20180.00082$9,149$7.52$9.47-$1.95$11,541
Apr 20180.00071$7,879$5.55$9.16-$3.61$12,935
May 20180.00065$8,442$5.52$9.47-$3.95$14,554
Jun 20180.00051$6,792$3.49$9.16-$5.67$17,838
Jul 20180.00052$7,012$3.63$9.47-$5.84$18,147
Aug 20180.00042$6,741$2.81$9.47-$6.66$22,684
Sep 20180.00038$6,617$2.53$9.16-$6.63$23,975
Oct 20180.00038$6,476$2.44$9.47-$7.03$25,111
Nov 20180.00044$5,454$2.38$9.16-$6.79$20,849
Dec 20180.00052$3,725$1.93$9.47-$7.54$18,224
Jan 20190.00050$3,710$1.85$9.47-$7.62$19,010
Feb 20190.00043$3,693$1.60$8.55-$6.95$19,771
Mar 20190.00045$3,947$1.77$9.47-$7.70$21,098
Apr 20190.00043$5,121$2.19$9.16-$6.97$21,383
May 20190.00042$7,081$2.95$9.47-$6.52$22,559
Jun 20190.00037$9,137$3.34$9.16-$5.83$24,754
Jul 20190.00032$10,676$3.37$9.47-$6.10$30,058
Aug 20190.00027$10,477$2.79$9.47-$6.68$35,574
Sep 20190.00022$9,916$2.20$9.16-$6.96$41,456
Oct 20190.00021$8,452$1.78$9.47-$7.69$45,134
Nov 20190.00021$8,395$1.73$9.16-$7.43$44,433
Dec 20190.00021$7,244$1.56$9.47-$7.91$44,095
Jan 20200.00020$8,211$1.62$9.47-$7.85$47,682
Feb 20200.00017$9,674$1.66$8.86-$7.20$51,592
Mar 20200.00019$6,909$1.32$9.47-$8.15$48,763
Apr 20200.00018$7,187$1.27$9.16-$7.89$51,607
May 20200.00013$9,216$1.21$9.47-$8.26$71,967
Jun 20200.00009$9,531$0.84$9.16-$8.32$104,115
Jul 20200.00008$9,591$0.81$9.47-$8.66$111,868
Aug 20200.00009$11,641$1.01$9.47-$8.46$109,154
Sep 20200.00007$10,663$0.78$9.16-$8.39$125,936
Oct 20200.00007$11,832$0.88$9.47-$8.58$127,887
Nov 20200.00007$16,636$1.23$9.16-$7.93$123,139
Dec 20200.00007$21,898$1.60$9.47-$7.87$129,165
Jan 20210.00007$34,406$2.42$9.47-$7.05$134,970
Feb 20210.00006$46,322$2.77$8.55-$5.78$142,634
Mar 20210.00007$53,803$3.54$9.47-$5.93$143,667
Apr 20210.00006$57,118$3.59$9.16-$5.57$145,571
May 20210.00006$46,752$2.93$9.47-$6.54$148,755
Jun 20210.00008$35,709$2.97$9.16-$6.20$110,074
Jul 20210.00010$34,390$3.59$9.47-$5.88$90,494
Aug 20210.00009$45,712$4.07$9.47-$5.40$105,940
Sep 20210.00007$45,680$3.36$9.16-$5.81$124,846
Oct 20210.00007$57,667$4.04$9.47-$5.43$134,944
Nov 20210.00006$60,677$3.69$9.16-$5.48$151,019
Dec 20210.00006$49,476$2.92$9.47-$6.55$160,437
Jan 20220.00006$41,157$2.28$9.47-$7.19$171,327
Feb 20220.00005$40,609$1.87$8.55-$6.68$185,526
Mar 20220.00005$41,967$2.11$9.47-$7.36$188,219
Apr 20220.00005$41,628$1.96$9.16-$7.21$194,960
May 20220.00005$31,836$1.46$9.47-$8.01$206,734
Jun 20220.00005$24,464$1.10$9.16-$8.06$203,448
Jul 20220.00005$21,434$1.05$9.47-$8.42$194,350
Aug 20220.00005$22,474$1.11$9.47-$8.36$192,393
Sep 20220.00004$19,816$0.85$9.16-$8.32$214,210
Oct 20220.00004$19,627$0.79$9.47-$8.68$235,146
Nov 20220.00004$17,674$0.65$9.16-$8.51$247,767
Dec 20220.00004$16,950$0.68$9.47-$8.79$237,620
Jan 20230.00004$20,120$0.77$9.47-$8.70$245,722
Feb 20230.00003$23,300$0.74$8.55-$7.81$268,387
Mar 20230.00003$25,056$0.80$9.47-$8.67$296,204
Apr 20230.00003$28,850$0.82$9.16-$8.34$321,695
May 20230.00003$27,508$0.90$9.47-$8.57$290,786
Jun 20230.00003$27,690$0.75$9.16-$8.42$339,436
Jul 20230.00003$30,078$0.81$9.47-$8.66$353,844
Aug 20230.00003$27,892$0.73$9.47-$8.74$360,297
Sep 20230.00002$26,296$0.65$9.16-$8.51$369,941
Oct 20230.00002$29,625$0.70$9.47-$8.77$399,065
Nov 20230.00002$36,499$0.86$9.16-$8.31$390,887
Dec 20230.00003$42,426$1.08$9.47-$8.39$374,084
Jan 20240.00002$42,920$0.91$9.47-$8.56$444,825
Feb 20240.00002$49,503$0.85$8.86-$8.01$511,611
Mar 20240.00002$67,612$1.19$9.47-$8.28$537,978
Apr 20240.00002$65,967$1.00$9.16-$8.16$604,024
May 20240.00001$65,088$0.56$9.47-$8.91$1,092,745
Jun 20240.00001$66,005$0.58$9.16-$8.58$1,040,824
Jul 20240.00001$62,733$0.54$9.47-$8.93$1,092,372
Aug 20240.00001$60,064$0.47$9.47-$8.99$1,198,233
Sep 20240.00001$60,182$0.45$9.16-$8.72$1,233,234
Oct 20240.00001$65,540$0.51$9.47-$8.96$1,213,180
Nov 20240.00001$86,295$0.58$9.16-$8.58$1,352,984
Dec 20240.00001$98,317$0.65$9.47-$8.82$1,427,119
Jan 20250.00001$99,947$0.63$9.47-$8.84$1,494,807
Feb 20250.00001$95,565$0.54$8.55-$8.02$1,520,935
Mar 20250.00001$85,023$0.53$9.47-$8.94$1,529,774
Apr 20250.00001$86,331$0.48$9.16-$8.68$1,648,163
May 20250.00001$103,376$0.59$9.47-$8.88$1,646,520
Jun 20250.00001$105,726$0.56$9.16-$8.60$1,722,664
Jul 20250.00001$115,184$0.65$9.47-$8.82$1,681,932
Aug 20250.00001$114,924$0.62$9.47-$8.85$1,768,150
Sep 20250.00000$113,009$0.55$9.16-$8.61$1,884,433
Oct 20250.00000$114,290$0.53$9.47-$8.94$2,046,792
Nov 20250.00000$96,532$0.42$9.16-$8.74$2,102,920
Dec 20250.00000$89,008$0.41$9.47-$9.06$2,039,633
Jan 20260.00000$90,557$0.43$9.47-$9.04$1,996,539
Feb 20260.00000$69,035$0.32$8.55-$8.23$1,854,869
Mar 20260.00000$69,617$0.34$9.47-$9.13$1,932,392
Apr 20260.00000$73,507$0.36$9.16-$8.81$1,882,354
May 20260.00001$78,032$0.40$9.47-$9.07$1,851,894
Jun 20260.00001$63,237$0.32$9.16-$8.84$1,807,733
Jul 20260.00001$63,709$0.34$9.47-$9.13$1,772,958
Aug 20260.00001$69,262$0.38$9.47-$9.09$1,737,284
Sep 20260.00001$80,390$0.42$9.16-$8.75$1,773,129
Oct 20260.00001$82,327$0.41$9.47-$9.06$1,881,536
Nov 20260.00000$76,090$0.15$3.97-$3.82$2,034,986

Profit is over electricity only and does not repay the machine, shipping, import or setup. Bitmain Antminer S3 price history · Bitmain Antminer S3 specifications and price