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MicroBT Whatsminer M21 profitability history

What the MicroBT Whatsminer M21 (31 TH/s) produced each month hosted in Nigeria at 4.5¢/kWh with 73.6% uptime, valued at each month’s own bitcoin price. Since Jun 2019: 0.33681 BTC mined, $7,442 of revenue, $4,223 of electricity.

Today: -$0.88 a day after electricity and $159,364 of electricity per bitcoin mined, hosted in Nigeria at 4.5¢/kWh, as of Nov 13, 2026 with bitcoin at $69,011. Today's profitability at each site. Mining output depends on bitcoin's price, network difficulty and uptime, and is not guaranteed. Nothing here is investment advice.

The MicroBT Whatsminer M21 was released in Mar 2019; daily market data begins in Jun 2019, 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
Jun 20190.02145$9,241$195.39$41.91$153.48$1,954
Jul 20190.02043$10,676$218.49$48.12$170.37$2,355
Aug 20190.01726$10,477$180.94$48.12$132.82$2,788
Sep 20190.01434$9,916$142.65$46.57$96.08$3,249
Oct 20190.01361$8,452$115.12$48.12$67.00$3,537
Nov 20190.01338$8,395$112.46$46.57$65.89$3,482
Dec 20190.01393$7,244$100.91$48.12$52.79$3,455
Jan 20200.01288$8,211$105.29$48.12$57.16$3,736
Feb 20200.01114$9,674$107.79$45.02$62.77$4,043
Mar 20200.01259$6,909$85.81$48.12$37.69$3,821
Apr 20200.01152$7,187$82.67$46.57$36.10$4,044
May 20200.00853$9,216$78.57$48.12$30.44$5,639
Jun 20200.00571$9,531$54.45$46.57$7.88$8,159
Jul 20200.00549$9,591$52.64$48.12$4.51$8,766
Aug 20200.00563$11,641$65.48$48.12$17.35$8,553
Sep 20200.00472$10,663$50.36$46.57$3.79$9,868
Oct 20200.00480$11,832$57.38$48.12$9.26$10,021
Nov 20200.00483$16,636$80.00$46.57$33.43$9,649
Dec 20200.00475$21,898$103.79$48.12$55.67$10,121
Jan 20210.00455$34,406$156.66$48.12$108.53$10,576
Feb 20210.00389$46,322$179.70$43.47$136.23$11,177
Mar 20210.00427$53,803$229.72$48.12$181.60$11,258
Apr 20210.00408$57,118$232.77$46.57$186.20$11,407
May 20210.00413$46,752$189.96$48.12$141.83$11,657
Jun 20210.00540$35,709$192.31$46.57$145.74$8,625
Jul 20210.00679$34,390$232.58$48.12$184.46$7,091
Aug 20210.00580$45,712$263.79$48.12$215.66$8,302
Sep 20210.00476$45,680$217.64$46.57$171.07$9,783
Oct 20210.00455$57,667$262.09$48.12$213.96$10,574
Nov 20210.00394$60,677$239.02$46.57$192.45$11,834
Dec 20210.00383$49,476$189.61$48.12$141.48$12,572
Jan 20220.00358$41,157$148.02$48.12$99.89$13,425
Feb 20220.00299$40,609$121.52$43.47$78.06$14,538
Mar 20220.00326$41,967$136.91$48.12$88.79$14,749
Apr 20220.00305$41,628$126.92$46.57$80.35$15,277
May 20220.00297$31,836$94.69$48.12$46.57$16,200
Jun 20220.00292$24,464$71.42$46.57$24.85$15,942
Jul 20220.00316$21,434$67.82$48.12$19.70$15,229
Aug 20220.00319$22,474$71.78$48.12$23.66$15,076
Sep 20220.00277$19,816$55.00$46.57$8.42$16,786
Oct 20220.00261$19,627$51.25$48.12$3.12$18,426
Nov 20220.00240$17,674$42.38$46.57-$4.20$19,415
Dec 20220.00258$16,950$43.81$48.12-$4.31$18,620
Jan 20230.00250$20,120$50.00$48.12$1.88$19,255
Feb 20230.00207$23,300$48.16$43.47$4.69$21,031
Mar 20230.00207$25,056$51.82$48.12$3.69$23,211
Apr 20230.00185$28,850$53.30$46.57$6.73$25,208
May 20230.00211$27,508$58.16$48.12$10.03$22,786
Jun 20230.00175$27,690$48.45$46.57$1.88$26,598
Jul 20230.00174$30,078$52.21$48.12$4.09$27,727
Aug 20230.00170$27,892$47.59$48.12-$0.53$28,233
Sep 20230.00161$26,296$42.24$46.57-$4.33$28,989
Oct 20230.00154$29,625$45.48$48.12-$2.64$31,271
Nov 20230.00152$36,499$55.50$46.57$8.93$30,630
Dec 20230.00164$42,426$69.72$48.12$21.60$29,313
Jan 20240.00138$42,920$59.27$48.12$11.14$34,857
Feb 20240.00112$49,503$55.33$45.02$10.31$40,090
Mar 20240.00114$67,612$77.15$48.12$29.02$42,156
Apr 20240.00098$65,967$65.14$46.57$18.57$47,332
May 20240.00056$65,088$36.58$48.12-$11.55$85,628
Jun 20240.00057$66,005$37.78$46.57-$8.79$81,560
Jul 20240.00056$62,733$35.23$48.12-$12.89$85,599
Aug 20240.00051$60,064$30.79$48.12-$17.33$93,894
Sep 20240.00048$60,182$29.00$46.57-$17.57$96,637
Oct 20240.00051$65,540$33.15$48.12-$14.97$95,066
Nov 20240.00044$86,295$37.87$46.57-$8.70$106,021
Dec 20240.00043$98,317$42.32$48.12-$5.80$111,830
Jan 20250.00041$99,947$41.06$48.12-$7.06$117,134
Feb 20250.00036$95,565$34.85$43.47-$8.62$119,181
Mar 20250.00040$85,023$34.14$48.12-$13.99$119,874
Apr 20250.00036$86,331$31.11$46.57-$15.46$129,151
May 20250.00037$103,376$38.55$48.12-$9.57$129,022
Jun 20250.00035$105,726$36.48$46.57-$10.09$134,989
Jul 20250.00037$115,184$42.00$48.12-$6.12$131,797
Aug 20250.00035$114,924$39.92$48.12-$8.21$138,553
Sep 20250.00032$113,009$35.64$46.57-$10.94$147,665
Oct 20250.00030$114,290$34.29$48.12-$13.84$160,388
Nov 20250.00028$96,532$27.26$46.57-$19.32$164,786
Dec 20250.00030$89,008$26.80$48.12-$21.32$159,827
Jan 20260.00031$90,557$27.84$48.12-$20.28$156,450
Feb 20260.00030$69,035$20.64$43.47-$22.83$145,349
Mar 20260.00032$69,617$22.12$48.12-$26.01$151,423
Apr 20260.00032$73,507$23.21$46.57-$23.36$147,502
May 20260.00033$78,032$25.89$48.12-$22.23$145,116
Jun 20260.00033$63,237$20.79$46.57-$25.78$141,655
Jul 20260.00035$63,709$22.08$48.12-$26.05$138,930
Aug 20260.00035$69,262$24.49$48.12-$23.63$136,135
Sep 20260.00034$80,390$26.93$46.57-$19.65$138,944
Oct 20260.00033$82,327$26.89$48.12-$21.23$147,438
Nov 20260.00013$76,090$9.63$20.18-$10.55$159,463

Profit is over electricity only and does not repay the machine, shipping, import or setup. MicroBT Whatsminer M21 price history · MicroBT Whatsminer M21 specifications and price