Home / Bitcoin miners / Bitmain Antminer S9 / Profitability history
What the Bitmain Antminer S9 (14 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: 0.00205 BTC mined, $156 of revenue, $663 of electricity.
The Bitmain Antminer S9 was released in Oct 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 | 0.00018 | $96,544 | $17.61 | $61.42 | -$43.82 | $336,764 |
| Dec 2025 | 0.00019 | $89,011 | $16.78 | $63.47 | -$46.70 | $336,764 |
| Jan 2026 | 0.00019 | $90,561 | $17.07 | $63.47 | -$46.40 | $336,764 |
| Feb 2026 | 0.00017 | $69,041 | $11.75 | $57.33 | -$45.58 | $336,764 |
| Mar 2026 | 0.00019 | $69,639 | $13.48 | $63.47 | -$49.99 | $327,902 |
| Apr 2026 | 0.00019 | $73,653 | $13.73 | $61.42 | -$47.70 | $329,602 |
| May 2026 | 0.00020 | $78,042 | $15.28 | $63.47 | -$48.19 | $324,254 |
| Jun 2026 | 0.00020 | $63,191 | $12.37 | $61.42 | -$49.05 | $313,723 |
| Jul 2026 | 0.00020 | $63,758 | $13.04 | $63.47 | -$50.43 | $310,407 |
| Aug 2026 | 0.00021 | $69,368 | $14.48 | $63.47 | -$48.99 | $304,081 |
| Sep 2026 | 0.00013 | $78,575 | $10.47 | $40.95 | -$30.48 | $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