Home / Bitcoin miners / Magicminer BG02
Sold out · Last price $1,078 all-in, delivered, installed and hosted in Nigeria · Magicminer · Air-cooled · SHA-256
The Magicminer BG02 (7 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from Magicminer released in Sep 2025. It runs at 7 TH/s while drawing 150 W, an efficiency of 21.43 J/TH. It is currently sold out; the figures below show what it would earn if hosted with us today.
More on this machine: Magicminer BG02 profitability history
As of Nov 1, 2026, hosted in Nigeria at 4.5¢/kWh with 73.6% uptime. Bitcoin $77,951.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000002 BTC | $0.17 | $0.13 | $0.05 |
| Weekly | 0.000015 BTC | $1.20 | $0.88 | $0.33 |
| Monthly | 0.000067 BTC | $5.22 | $3.81 | $1.41 |
| Yearly | 0.000804 BTC | $62.65 | $45.70 | $16.95 |
Electricity per bitcoin mined: $56,856. Year 1 return: 2%.
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.5¢ | 99.3% | $82,125 | -$0 | $1,595 | 0% |
| Nigeria | Air-cooled | 4.5¢ | 73.6% | $56,856 | $1 | $1,078 | 2% |
| Argentina | Air-cooled | 6.5¢ | 98.7% | $82,125 | -$0 | $957 | 0% |
| Specification | Value |
|---|---|
| Manufacturer | Magicminer |
| Model | Magicminer BG02 |
| Release date | Sep 2025 |
| Algorithm | SHA-256 |
| Hashrate | 7 TH/s |
| Power consumption | 150 W |
| Efficiency | 21.43 J/TH |
| Cooling | Air-cooled |
| Weight | 0.96 kg (approx.) |
The all-in price of the Magicminer BG02 (7 TH/s) is about $1,078 per machine, delivered, imported, installed and hosted in Nigeria with a two-month hosting deposit. That is the machine itself at $314 ($44.86 per TH/s, the Hong Kong price) plus shipping, infrastructure, import duty, customs, setup and the deposit. It is sold out with us; these figures use its market price.
As of Nov 1, 2026, hosted in Nigeria at 4.5¢/kWh, the Magicminer BG02 (7 TH/s) is calculated to generate $0.05 daily, $1.41 monthly and $16.95 yearly after electricity, at a bitcoin price of $77,951. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the Magicminer BG02 costs about $56,856 in Nigeria, and $82,125 in UAE and $82,125 in Argentina. Bitcoin trades at $77,951, so every coin it mines is made 27% below the price of buying one.
At current bitcoin price and difficulty, the Magicminer BG02 returns 0–2% in its first year at our sites, after electricity, against everything paid up front: the machine, shipping, import, infrastructure, setup and hosting deposit. You keep the machine and every bitcoin it mines. It always changes.
The Magicminer BG02 produces 7 TH/s of SHA-256 hashrate and consumes 150 W, giving an efficiency of 21.43 J/TH.
The Magicminer BG02 measures about n/a and weighs around 0.96 kg.
The Magicminer BG02 is air-cooled with fans. In the UAE we run air-cooled machines in immersion tanks instead, which keeps them cool in desert heat.
We can host the Magicminer BG02 in UAE (6.5¢/kWh, 99.3% uptime, immersion), Nigeria (4.5¢/kWh, 73.6% uptime) and Argentina (6.5¢/kWh, 98.7% uptime). The bitcoin it mines goes straight to your own wallet.
Magicminer announced the Magicminer BG02 in Sep 2025.