Home / Bitcoin miners / Bitmain Antminer V9 / Profitability history
What the Bitmain Antminer V9 (4 TH/s) produced each month hosted in Argentina at 6.5¢/kWh with 98.7% uptime, valued at each month’s own bitcoin price. Since Feb 2018: 0.14699 BTC mined, $1,860 of revenue, $5,223 of electricity.
| Month | Bitcoin mined | Avg BTC price | Revenue | Electricity | Profit | Cost per BTC |
|---|---|---|---|---|---|---|
| Feb 2018 | 0.00329 | $10,414 | $34.26 | $18.26 | $16.00 | $5,554 |
| Mar 2018 | 0.00921 | $9,149 | $84.38 | $51.47 | $32.91 | $5,590 |
| Apr 2018 | 0.00795 | $7,879 | $62.31 | $49.81 | $12.50 | $6,265 |
| May 2018 | 0.00730 | $8,442 | $61.96 | $51.47 | $10.49 | $7,049 |
| Jun 2018 | 0.00577 | $6,792 | $39.18 | $49.81 | -$10.63 | $8,640 |
| Jul 2018 | 0.00586 | $7,012 | $40.76 | $51.47 | -$10.71 | $8,789 |
| Aug 2018 | 0.00468 | $6,741 | $31.58 | $51.47 | -$19.89 | $10,987 |
| Sep 2018 | 0.00429 | $6,617 | $28.44 | $49.81 | -$21.37 | $11,612 |
| Oct 2018 | 0.00423 | $6,476 | $27.42 | $51.47 | -$24.06 | $12,162 |
| Nov 2018 | 0.00493 | $5,454 | $26.68 | $49.81 | -$23.13 | $10,098 |
| Dec 2018 | 0.00583 | $3,725 | $21.70 | $51.47 | -$29.77 | $8,827 |
| Jan 2019 | 0.00559 | $3,710 | $20.74 | $51.47 | -$30.73 | $9,208 |
| Feb 2019 | 0.00485 | $3,693 | $17.96 | $46.49 | -$28.53 | $9,576 |
| Mar 2019 | 0.00504 | $3,947 | $19.87 | $51.47 | -$31.61 | $10,219 |
| Apr 2019 | 0.00481 | $5,121 | $24.61 | $49.81 | -$25.20 | $10,357 |
| May 2019 | 0.00471 | $7,081 | $33.08 | $51.47 | -$18.39 | $10,926 |
| Jun 2019 | 0.00415 | $9,137 | $37.44 | $49.81 | -$12.37 | $11,990 |
| Jul 2019 | 0.00354 | $10,676 | $37.81 | $51.47 | -$13.66 | $14,559 |
| Aug 2019 | 0.00299 | $10,477 | $31.31 | $51.47 | -$20.16 | $17,230 |
| Sep 2019 | 0.00248 | $9,916 | $24.68 | $49.81 | -$25.13 | $20,079 |
| Oct 2019 | 0.00235 | $8,452 | $19.92 | $51.47 | -$31.55 | $21,861 |
| Nov 2019 | 0.00231 | $8,395 | $19.46 | $49.81 | -$30.35 | $21,521 |
| Dec 2019 | 0.00241 | $7,244 | $17.46 | $51.47 | -$34.01 | $21,357 |
| Jan 2020 | 0.00223 | $8,211 | $18.22 | $51.47 | -$33.25 | $23,094 |
| Feb 2020 | 0.00193 | $9,674 | $18.65 | $48.15 | -$29.50 | $24,989 |
| Mar 2020 | 0.00218 | $6,909 | $14.85 | $51.47 | -$36.62 | $23,618 |
| Apr 2020 | 0.00199 | $7,187 | $14.31 | $49.81 | -$35.51 | $24,996 |
| May 2020 | 0.00148 | $9,216 | $13.60 | $51.47 | -$37.88 | $34,857 |
| Jun 2020 | 0.00099 | $9,531 | $9.42 | $49.81 | -$40.39 | $50,428 |
| Jul 2020 | 0.00095 | $9,591 | $9.11 | $51.47 | -$42.36 | $54,183 |
| Aug 2020 | 0.00097 | $11,641 | $11.33 | $51.47 | -$40.14 | $52,868 |
| Sep 2020 | 0.00082 | $10,663 | $8.71 | $49.81 | -$41.10 | $60,997 |
| Oct 2020 | 0.00083 | $11,832 | $9.93 | $51.47 | -$41.54 | $61,942 |
| Nov 2020 | 0.00084 | $16,636 | $13.84 | $49.81 | -$35.97 | $59,642 |
| Dec 2020 | 0.00082 | $21,898 | $17.96 | $51.47 | -$33.51 | $62,561 |
| Jan 2021 | 0.00079 | $34,406 | $27.11 | $51.47 | -$24.36 | $65,373 |
| Feb 2021 | 0.00067 | $46,322 | $31.09 | $46.49 | -$15.40 | $69,085 |
| Mar 2021 | 0.00074 | $53,803 | $39.75 | $51.47 | -$11.72 | $69,585 |
| Apr 2021 | 0.00071 | $57,118 | $40.28 | $49.81 | -$9.53 | $70,507 |
| May 2021 | 0.00071 | $46,752 | $32.87 | $51.47 | -$18.60 | $72,049 |
| Jun 2021 | 0.00093 | $35,709 | $33.28 | $49.81 | -$16.53 | $53,314 |
| Jul 2021 | 0.00117 | $34,390 | $40.25 | $51.47 | -$11.23 | $43,830 |
| Aug 2021 | 0.00100 | $45,712 | $45.64 | $51.47 | -$5.83 | $51,312 |
| Sep 2021 | 0.00082 | $45,680 | $37.66 | $49.81 | -$12.15 | $60,469 |
| Oct 2021 | 0.00079 | $57,667 | $45.35 | $51.47 | -$6.12 | $65,360 |
| Nov 2021 | 0.00068 | $60,677 | $41.36 | $49.81 | -$8.45 | $73,146 |
| Dec 2021 | 0.00066 | $49,476 | $32.81 | $51.47 | -$18.66 | $77,708 |
| Jan 2022 | 0.00062 | $41,157 | $25.61 | $51.47 | -$25.86 | $82,982 |
| Feb 2022 | 0.00052 | $40,609 | $21.03 | $46.49 | -$25.46 | $89,859 |
| Mar 2022 | 0.00056 | $41,967 | $23.69 | $51.47 | -$27.78 | $91,164 |
| Apr 2022 | 0.00053 | $41,628 | $21.96 | $49.81 | -$27.85 | $94,429 |
| May 2022 | 0.00051 | $31,836 | $16.38 | $51.47 | -$35.09 | $100,132 |
| Jun 2022 | 0.00051 | $24,464 | $12.36 | $49.81 | -$37.45 | $98,540 |
| Jul 2022 | 0.00055 | $21,434 | $11.74 | $51.47 | -$39.74 | $94,133 |
| Aug 2022 | 0.00055 | $22,474 | $12.42 | $51.47 | -$39.05 | $93,185 |
| Sep 2022 | 0.00048 | $19,816 | $9.52 | $49.81 | -$40.29 | $103,752 |
| Oct 2022 | 0.00045 | $19,627 | $8.87 | $51.47 | -$42.60 | $113,893 |
| Nov 2022 | 0.00042 | $17,674 | $7.33 | $49.81 | -$42.48 | $120,006 |
| Dec 2022 | 0.00045 | $16,950 | $7.58 | $51.47 | -$43.89 | $115,091 |
| Jan 2023 | 0.00043 | $20,120 | $8.65 | $51.47 | -$42.82 | $119,015 |
| Feb 2023 | 0.00036 | $23,300 | $8.33 | $46.49 | -$38.16 | $129,993 |
| Mar 2023 | 0.00036 | $25,056 | $8.97 | $51.47 | -$42.50 | $143,466 |
| Apr 2023 | 0.00032 | $28,850 | $9.22 | $49.81 | -$40.59 | $155,813 |
| May 2023 | 0.00037 | $27,508 | $10.06 | $51.47 | -$41.41 | $140,842 |
| Jun 2023 | 0.00030 | $27,690 | $8.38 | $49.81 | -$41.43 | $164,405 |
| Jul 2023 | 0.00030 | $30,078 | $9.03 | $51.47 | -$42.44 | $171,384 |
| Aug 2023 | 0.00029 | $27,892 | $8.24 | $51.47 | -$43.24 | $174,509 |
| Sep 2023 | 0.00028 | $26,296 | $7.31 | $49.81 | -$42.50 | $179,180 |
| Oct 2023 | 0.00027 | $29,625 | $7.87 | $51.47 | -$43.60 | $193,287 |
| Nov 2023 | 0.00026 | $36,499 | $9.60 | $49.81 | -$40.21 | $189,325 |
| Dec 2023 | 0.00028 | $42,426 | $12.06 | $51.47 | -$39.41 | $181,187 |
| Jan 2024 | 0.00024 | $42,920 | $10.26 | $51.47 | -$41.22 | $215,450 |
| Feb 2024 | 0.00019 | $49,503 | $9.57 | $48.15 | -$38.58 | $247,798 |
| Mar 2024 | 0.00020 | $67,612 | $13.35 | $51.47 | -$38.12 | $260,569 |
| Apr 2024 | 0.00017 | $65,967 | $11.27 | $49.81 | -$38.54 | $292,558 |
| May 2024 | 0.00010 | $65,088 | $6.33 | $51.47 | -$45.14 | $529,269 |
| Jun 2024 | 0.00010 | $66,005 | $6.54 | $49.81 | -$43.27 | $504,122 |
| Jul 2024 | 0.00010 | $62,733 | $6.10 | $51.47 | -$45.37 | $529,089 |
| Aug 2024 | 0.00009 | $60,064 | $5.33 | $51.47 | -$46.14 | $580,362 |
| Sep 2024 | 0.00008 | $60,182 | $5.02 | $49.81 | -$44.79 | $597,315 |
| Oct 2024 | 0.00009 | $65,540 | $5.74 | $51.47 | -$45.73 | $587,602 |
| Nov 2024 | 0.00008 | $86,295 | $6.55 | $49.81 | -$43.26 | $655,316 |
| Dec 2024 | 0.00007 | $98,317 | $7.32 | $51.47 | -$44.15 | $691,223 |
| Jan 2025 | 0.00007 | $99,947 | $7.11 | $51.47 | -$44.37 | $724,008 |
| Feb 2025 | 0.00006 | $95,565 | $6.03 | $46.49 | -$40.46 | $736,663 |
| Mar 2025 | 0.00007 | $85,023 | $5.91 | $51.47 | -$45.56 | $740,944 |
| Apr 2025 | 0.00006 | $86,331 | $5.38 | $49.81 | -$44.43 | $798,286 |
| May 2025 | 0.00006 | $103,376 | $6.67 | $51.47 | -$44.80 | $797,490 |
| Jun 2025 | 0.00006 | $105,726 | $6.31 | $49.81 | -$43.50 | $834,370 |
| Jul 2025 | 0.00006 | $115,184 | $7.27 | $51.47 | -$44.20 | $814,641 |
| Aug 2025 | 0.00006 | $114,924 | $6.91 | $51.47 | -$44.56 | $856,401 |
| Sep 2025 | 0.00005 | $113,009 | $6.17 | $49.81 | -$43.64 | $912,723 |
| Oct 2025 | 0.00005 | $114,290 | $5.93 | $51.47 | -$45.54 | $991,361 |
| Nov 2025 | 0.00005 | $96,532 | $4.72 | $49.81 | -$45.09 | $1,018,547 |
| Dec 2025 | 0.00005 | $89,008 | $4.64 | $51.47 | -$46.83 | $987,894 |
| Jan 2026 | 0.00005 | $90,557 | $4.82 | $51.47 | -$46.65 | $967,021 |
| Feb 2026 | 0.00005 | $69,035 | $3.57 | $46.49 | -$42.92 | $898,404 |
| Mar 2026 | 0.00005 | $69,617 | $3.83 | $51.47 | -$47.64 | $935,951 |
| Apr 2026 | 0.00005 | $73,507 | $4.02 | $49.81 | -$45.79 | $911,716 |
| May 2026 | 0.00006 | $78,032 | $4.48 | $51.47 | -$46.99 | $896,963 |
| Jun 2026 | 0.00006 | $63,237 | $3.60 | $49.81 | -$46.21 | $875,573 |
| Jul 2026 | 0.00006 | $63,709 | $3.82 | $51.47 | -$47.65 | $858,730 |
| Aug 2026 | 0.00006 | $69,262 | $4.24 | $51.47 | -$47.23 | $841,451 |
| Sep 2026 | 0.00006 | $80,311 | $4.53 | $48.15 | -$43.62 | $853,779 |
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