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Bitmain Antminer S9 profitability history

What the Bitmain Antminer S9 (13 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: 0.00190 BTC mined, $145 of revenue, $629 of electricity.

The Bitmain Antminer S9 was released in Sep 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.

Every month

MonthBitcoin minedAvg BTC priceRevenueElectricityProfitCost per BTC
Nov 20250.00017$96,544$16.35$58.20-$41.85$343,636
Dec 20250.00018$89,011$15.58$60.14-$44.56$343,636
Jan 20260.00018$90,561$15.85$60.14-$44.29$343,636
Feb 20260.00016$69,041$10.91$54.32-$43.41$343,636
Mar 20260.00018$69,639$12.51$60.14-$47.63$334,594
Apr 20260.00017$73,653$12.75$58.20-$45.45$336,329
May 20260.00018$78,042$14.19$60.14-$45.95$330,871
Jun 20260.00018$63,191$11.49$58.20-$46.71$320,125
Jul 20260.00019$63,758$12.11$60.14-$48.03$316,741
Aug 20260.00019$69,368$13.45$60.14-$46.69$310,286
Sep 20260.00012$78,575$9.72$38.80-$29.08$313,666

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