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Bitmain Antminer V9 profitability history

What the Bitmain Antminer V9 (4 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: 0.00058 BTC mined, $45 of revenue, $497 of electricity.

The Bitmain Antminer V9 was released in Feb 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 20250.00005$96,544$5.03$45.98-$40.95$882,286
Dec 20250.00005$89,011$4.79$47.51-$42.72$882,286
Jan 20260.00005$90,561$4.88$47.51-$42.63$882,286
Feb 20260.00005$69,041$3.36$42.91-$39.56$882,286
Mar 20260.00006$69,639$3.85$47.51-$43.66$859,069
Apr 20260.00005$73,653$3.92$45.98-$42.06$863,524
May 20260.00006$78,042$4.37$47.51-$43.14$849,511
Jun 20260.00006$63,191$3.54$45.98-$42.44$821,922
Jul 20260.00006$63,758$3.73$47.51-$43.79$813,234
Aug 20260.00006$69,368$4.14$47.51-$43.37$796,660
Sep 20260.00004$78,575$2.99$30.65-$27.66$805,338

Profit is over electricity only and does not repay the machine, shipping, import or setup. Bitmain Antminer V9 price history · Bitmain Antminer V9 specifications and price