Home / Bitcoin miners / Bitmain Antminer S9 / Profitability history
What the Bitmain Antminer S9 (12.5 TH/s) produced each month hosted in Argentina at 6.0¢/kWh with 98.7% uptime, valued at each month's own bitcoin price. Since Nov 2025: 0.00183 BTC mined, $139 of revenue, $592 of electricity.
The Bitmain Antminer S9 was released in Feb 2017; daily market data begins in Nov 2025, so months before that are not shown rather than estimated. The price history covers the full period.
| Month | Bitcoin mined | Avg BTC price | Revenue | Electricity | Profit | Cost per BTC |
|---|---|---|---|---|---|---|
| Nov 2025 | 0.00016 | $96,544 | $15.72 | $54.84 | -$39.12 | $336,764 |
| Dec 2025 | 0.00017 | $89,011 | $14.98 | $56.67 | -$41.69 | $336,764 |
| Jan 2026 | 0.00017 | $90,561 | $15.24 | $56.67 | -$41.43 | $336,764 |
| Feb 2026 | 0.00015 | $69,041 | $10.49 | $51.19 | -$40.69 | $336,764 |
| Mar 2026 | 0.00017 | $69,639 | $12.03 | $56.67 | -$44.64 | $327,902 |
| Apr 2026 | 0.00017 | $73,653 | $12.26 | $54.84 | -$42.59 | $329,602 |
| May 2026 | 0.00017 | $78,042 | $13.65 | $56.67 | -$43.03 | $324,254 |
| Jun 2026 | 0.00017 | $63,191 | $11.05 | $54.84 | -$43.80 | $313,723 |
| Jul 2026 | 0.00018 | $63,758 | $11.64 | $56.67 | -$45.03 | $310,407 |
| Aug 2026 | 0.00019 | $69,368 | $12.93 | $56.67 | -$43.74 | $304,081 |
| Sep 2026 | 0.00012 | $78,575 | $9.34 | $36.56 | -$27.22 | $307,393 |
Profit is over electricity only and does not repay the machine, shipping, import or setup. Bitmain Antminer S9 price history · Bitmain Antminer S9 specifications and price