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Bitmain Antminer S9 Hydro profitability history

What the Bitmain Antminer S9 Hydro (18 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: 0.00263 BTC mined, $201 of revenue, $932 of electricity.

The Bitmain Antminer S9 Hydro was released in Aug 2018; 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 20250.00023$96,544$22.64$86.32-$63.68$368,073
Dec 20250.00024$89,011$21.57$89.19-$67.62$368,073
Jan 20260.00024$90,561$21.95$89.19-$67.25$368,073
Feb 20260.00022$69,041$15.11$80.56-$65.45$368,073
Mar 20260.00025$69,639$17.33$89.19-$71.87$358,387
Apr 20260.00024$73,653$17.65$86.32-$68.66$360,245
May 20260.00025$78,042$19.65$89.19-$69.54$354,400
Jun 20260.00025$63,191$15.91$86.32-$70.41$342,890
Jul 20260.00026$63,758$16.77$89.19-$72.43$339,265
Aug 20260.00027$69,368$18.62$89.19-$70.57$332,351
Sep 20260.00017$78,575$13.46$57.54-$44.09$335,971

Profit is over electricity only and does not repay the machine, shipping, import or setup. Bitmain Antminer S9 Hydro price history · Bitmain Antminer S9 Hydro specifications and price