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MicroBT Whatsminer M21 profitability history

What the MicroBT Whatsminer M21 (31 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 Jun 2019: 0.45106 BTC mined, $9,931 of revenue, $8,044 of electricity.

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 20190.02877$9,241$262.03$81.19$180.84$2,822
Jul 20190.02740$10,676$293.01$93.22$199.79$3,402
Aug 20190.02315$10,477$242.65$93.22$149.43$4,026
Sep 20190.01923$9,916$191.30$90.21$101.09$4,692
Oct 20190.01825$8,452$154.38$93.22$61.16$5,109
Nov 20190.01794$8,395$150.81$90.21$60.60$5,029
Dec 20190.01868$7,244$135.33$93.22$42.11$4,991
Jan 20200.01727$8,211$141.19$93.22$47.97$5,397
Feb 20200.01493$9,674$144.55$87.21$57.35$5,840
Mar 20200.01689$6,909$115.08$93.22$21.86$5,519
Apr 20200.01544$7,187$110.86$90.21$20.65$5,841
May 20200.01144$9,216$105.36$93.22$12.14$8,146
Jun 20200.00766$9,531$73.03$90.21-$17.19$11,785
Jul 20200.00736$9,591$70.59$93.22-$22.63$12,662
Aug 20200.00755$11,641$87.81$93.22-$5.41$12,355
Sep 20200.00633$10,663$67.53$90.21-$22.68$14,254
Oct 20200.00644$11,832$76.95$93.22-$16.26$14,475
Nov 20200.00647$16,636$107.28$90.21$17.07$13,938
Dec 20200.00638$21,898$139.19$93.22$45.97$14,620
Jan 20210.00610$34,406$210.08$93.22$116.86$15,277
Feb 20210.00522$46,322$240.98$84.20$156.79$16,144
Mar 20210.00573$53,803$308.07$93.22$214.85$16,261
Apr 20210.00548$57,118$312.16$90.21$221.94$16,477
May 20210.00554$46,752$254.74$93.22$161.52$16,837
Jun 20210.00724$35,709$257.89$90.21$167.68$12,459
Jul 20210.00910$34,390$311.90$93.22$218.68$10,243
Aug 20210.00777$45,712$353.75$93.22$260.53$11,991
Sep 20210.00638$45,680$291.87$90.21$201.65$14,131
Oct 20210.00610$57,667$351.47$93.22$258.25$15,274
Nov 20210.00528$60,677$320.54$90.21$230.32$17,093
Dec 20210.00513$49,476$254.27$93.22$161.05$18,160
Jan 20220.00481$41,157$198.50$93.22$105.28$19,392
Feb 20220.00401$40,609$162.97$84.20$78.77$20,999
Mar 20220.00438$41,967$183.60$93.22$90.39$21,304
Apr 20220.00409$41,628$170.21$90.21$80.00$22,067
May 20220.00398$31,836$126.98$93.22$33.76$23,400
Jun 20220.00392$24,464$95.77$90.21$5.56$23,028
Jul 20220.00424$21,434$90.95$93.22-$2.27$21,998
Aug 20220.00428$22,474$96.26$93.22$3.04$21,776
Sep 20220.00372$19,816$73.75$90.21-$16.46$24,246
Oct 20220.00350$19,627$68.73$93.22-$24.49$26,616
Nov 20220.00322$17,674$56.83$90.21-$33.39$28,044
Dec 20220.00347$16,950$58.75$93.22-$34.47$26,896
Jan 20230.00335$20,120$67.05$93.22-$26.17$27,813
Feb 20230.00277$23,300$64.58$84.20-$19.62$30,378
Mar 20230.00278$25,056$69.49$93.22-$23.73$33,527
Apr 20230.00248$28,850$71.48$90.21-$18.73$36,412
May 20230.00283$27,508$77.99$93.22-$15.23$32,913
Jun 20230.00235$27,690$64.98$90.21-$25.23$38,420
Jul 20230.00233$30,078$70.02$93.22-$23.20$40,051
Aug 20230.00229$27,892$63.82$93.22-$29.40$40,781
Sep 20230.00215$26,296$56.65$90.21-$33.57$41,873
Oct 20230.00206$29,625$60.99$93.22-$32.23$45,169
Nov 20230.00204$36,499$74.43$90.21-$15.78$44,244
Dec 20230.00220$42,426$93.50$93.22$0.28$42,342
Jan 20240.00185$42,920$79.48$93.22-$13.74$50,349
Feb 20240.00151$49,503$74.20$87.21-$13.00$57,908
Mar 20240.00153$67,612$103.46$93.22$10.24$60,892
Apr 20240.00132$65,967$87.35$90.21-$2.86$68,368
May 20240.00075$65,088$49.05$93.22-$44.17$123,685
Jun 20240.00077$66,005$50.67$90.21-$39.54$117,808
Jul 20240.00075$62,733$47.25$93.22-$45.97$123,643
Aug 20240.00069$60,064$41.30$93.22-$51.92$135,625
Sep 20240.00065$60,182$38.90$90.21-$51.32$139,587
Oct 20240.00068$65,540$44.46$93.22-$48.76$137,317
Nov 20240.00059$86,295$50.79$90.21-$39.42$153,141
Dec 20240.00058$98,317$56.75$93.22-$36.47$161,532
Jan 20250.00055$99,947$55.07$93.22-$38.15$169,194
Feb 20250.00049$95,565$46.73$84.20-$37.46$172,151
Mar 20250.00054$85,023$45.78$93.22-$47.44$173,151
Apr 20250.00048$86,331$41.72$90.21-$48.49$186,552
May 20250.00050$103,376$51.70$93.22-$41.52$186,366
Jun 20250.00046$105,726$48.92$90.21-$41.29$194,984
Jul 20250.00049$115,184$56.32$93.22-$36.89$190,374
Aug 20250.00047$114,924$53.53$93.22-$39.69$200,133
Sep 20250.00042$113,009$47.79$90.21-$42.42$213,295
Oct 20250.00040$114,290$45.98$93.22-$47.24$231,672
Nov 20250.00038$96,532$36.55$90.21-$53.66$238,025
Dec 20250.00040$89,008$35.94$93.22-$57.28$230,861
Jan 20260.00041$90,557$37.34$93.22-$55.88$225,983
Feb 20260.00040$69,035$27.68$84.20-$56.52$209,948
Mar 20260.00043$69,617$29.66$93.22-$63.56$218,723
Apr 20260.00042$73,507$31.13$90.21-$59.08$213,059
May 20260.00044$78,032$34.72$93.22-$58.50$209,611
Jun 20260.00044$63,237$27.88$90.21-$62.33$204,613
Jul 20260.00046$63,709$29.60$93.22-$63.61$200,677
Aug 20260.00047$69,262$32.84$93.22-$60.37$196,639
Sep 20260.00044$80,311$35.08$87.21-$52.13$199,520

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