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Outdated · Bitmain · Air-cooled · SHA-256
The Bitmain Antminer S9 (12.5 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Bitmain released in Feb 2017. It runs at 12.5 TH/s while drawing 1,225 W, an efficiency of 98 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 S9 price history · Bitmain Antminer S9 profitability history · Antminer S9 lifespan report: $2,100 in 2016, 5.57 BTC by the time it stopped · The Antminer S9 was switched off in 2024. Its bitcoin never was.
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 | 0.000004 BTC | $0.31 | $1.02 | -$0.72 |
| Weekly | 0.000027 BTC | $2.14 | $7.16 | -$5.02 |
| Monthly | 0.000119 BTC | $9.29 | $31.10 | -$21.81 |
| Yearly | 0.001431 BTC | $111.50 | $373.18 | -$261.68 |
Electricity per bitcoin mined: $260,726.
From $3,519 in Jan 2018 to $59 in Nov 2022 (-98%).
| Month | Price per unit | Price per TH |
|---|---|---|
| Jan 2018 | $2,824 | $225.93 |
| Feb 2018 | $2,528 | $202.25 |
| Mar 2018 | $2,068 | $165.43 |
| Apr 2018 | $980 | $78.40 |
| May 2018 | $784 | $62.69 |
| Jun 2018 | $434 | $34.73 |
| Jul 2018 | $350 | $28.02 |
| Aug 2018 | $462 | $36.97 |
| Sep 2018 | $208 | $16.64 |
| Oct 2018 | $205 | $16.38 |
| Nov 2018 | $203 | $16.21 |
| Dec 2018 | $256 | $20.47 |
| Jan 2019 | $260 | $20.80 |
| Feb 2019 | $336 | $26.84 |
| Mar 2019 | $371 | $29.68 |
| Apr 2019 | $406 | $32.48 |
| May 2019 | $401 | $32.04 |
| Jun 2019 | $360 | $28.80 |
| Jul 2019 | $280 | $22.37 |
| Aug 2019 | $240 | $19.17 |
| Sep 2019 | $129 | $10.29 |
| Oct 2019 | $156 | $12.44 |
| Nov 2019 | $106 | $8.47 |
| Dec 2019 | $107 | $8.58 |
| Jan 2020 | $65 | $5.17 |
| Feb 2020 | $59 | $4.72 |
| Mar 2020 | $64 | $5.11 |
| Apr 2020 | $59 | $4.75 |
| May 2020 | $75 | $5.97 |
| Jun 2020 | $51 | $4.11 |
| Jul 2020 | $54 | $4.30 |
| Aug 2020 | $53 | $4.20 |
| Sep 2020 | $81 | $6.45 |
| Oct 2020 | $153 | $12.22 |
| Nov 2020 | $196 | $15.66 |
| Dec 2020 | $288 | $23.01 |
| Jan 2021 | $505 | $40.41 |
| Feb 2021 | $610 | $48.82 |
| Mar 2021 | $614 | $49.08 |
| Apr 2021 | $400 | $32.02 |
| May 2021 | $268 | $21.42 |
| Jun 2021 | $339 | $27.13 |
| Jul 2021 | $375 | $29.97 |
| Aug 2021 | $351 | $28.10 |
| Sep 2021 | $448 | $35.85 |
| Oct 2021 | $332 | $26.53 |
| Nov 2021 | $332 | $26.53 |
| Dec 2021 | $291 | $23.31 |
| Jan 2022 | $289 | $23.10 |
| Feb 2022 | $275 | $22.03 |
| Mar 2022 | $239 | $19.13 |
| Apr 2022 | $225 | $17.96 |
| May 2022 | $138 | $11.02 |
| Jun 2022 | $139 | $11.08 |
| Jul 2022 | $130 | $10.41 |
| Aug 2022 | $119 | $9.51 |
| Sep 2022 | $113 | $9.00 |
| Oct 2022 | $60 | $4.79 |
| Nov 2022 | $59 | $4.74 |
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.5¢ | 99.3% | $376,604 | -$48 | — | — |
| Nigeria | Air-cooled | 4.5¢ | 73.6% | $260,726 | -$22 | — | — |
| Argentina | Air-cooled | 6.5¢ | 98.7% | $376,604 | -$48 | — | — |
| Specification | Value |
|---|---|
| Manufacturer | Bitmain |
| Model | Bitmain Antminer S9 |
| Release date | Feb 2017 |
| Algorithm | SHA-256 |
| Hashrate | 12.5 TH/s |
| Power consumption | 1225 W |
| Efficiency | 98 J/TH |
| Cooling | Air-cooled |
| Weight | 4.2 kg (approx.) |
The Bitmain Antminer S9 is outdated. Newer models make bitcoin far more cheaply.
As of Nov 2, 2026, hosted in Nigeria at 4.5¢/kWh, the Bitmain Antminer S9 (12.5 TH/s) is calculated to lose $0.72 daily, $21.81 monthly and $261.68 yearly after electricity, at a bitcoin price of $77,903. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the Bitmain Antminer S9 costs about $260,726 in Nigeria, and $376,604 in UAE and $376,604 in Argentina. Bitcoin trades at $77,903, so every coin it mines is made above the price of buying one.
The Bitmain Antminer S9 produces 12.5 TH/s of SHA-256 hashrate and consumes 1,225 W, giving an efficiency of 98 J/TH.
The Bitmain Antminer S9 measures about n/a and weighs around 4.2 kg.
The Bitmain Antminer S9 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 S9 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.
The Bitmain Antminer S9 sold for $3,519 in Jan 2018 and $59 as of Nov 2022, down 98%. Over that time it ranged from $46 to $3,519.
Bitmain announced the Bitmain Antminer S9 in Feb 2017.