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Outdated · MicroBT · Air-cooled · SHA-256
The MicroBT Whatsminer M3 (12 TH/s) is a air-cooled SHA-256 bitcoin ASIC miner from MicroBT released in Jan 2018. It runs at 12 TH/s while drawing 2,000 W, an efficiency of 166.67 J/TH. It is more than five years old and no longer competitive; the figures below are kept for reference.
More on this machine: MicroBT Whatsminer M3 price history · MicroBT Whatsminer M3 profitability history
As of Nov 2, 2026, hosted in Nigeria at 4.5¢/kWh with 73.6% uptime. Bitcoin $77,903.
| Period | Bitcoin mined | Revenue | Electricity | Profit |
|---|---|---|---|---|
| Daily | 0.000004 BTC | $0.29 | $1.67 | -$1.38 |
| Weekly | 0.000026 BTC | $2.05 | $11.68 | -$9.63 |
| Monthly | 0.000115 BTC | $8.92 | $50.78 | -$41.86 |
| Yearly | 0.001374 BTC | $107.04 | $609.28 | -$502.23 |
Electricity per bitcoin mined: $443,411.
From $3,378 in Jan 2018 to $57 in Nov 2022 (-98%).
| Month | Price per unit | Price per TH |
|---|---|---|
| Jan 2018 | $2,711 | $225.93 |
| Feb 2018 | $2,427 | $202.25 |
| Mar 2018 | $1,985 | $165.43 |
| Apr 2018 | $941 | $78.40 |
| May 2018 | $752 | $62.69 |
| Jun 2018 | $417 | $34.73 |
| Jul 2018 | $336 | $28.02 |
| Aug 2018 | $444 | $36.97 |
| Sep 2018 | $200 | $16.64 |
| Oct 2018 | $197 | $16.38 |
| Nov 2018 | $195 | $16.21 |
| Dec 2018 | $246 | $20.47 |
| Jan 2019 | $250 | $20.80 |
| Feb 2019 | $322 | $26.84 |
| Mar 2019 | $356 | $29.68 |
| Apr 2019 | $390 | $32.48 |
| May 2019 | $384 | $32.04 |
| Jun 2019 | $346 | $28.80 |
| Jul 2019 | $268 | $22.37 |
| Aug 2019 | $230 | $19.17 |
| Sep 2019 | $123 | $10.29 |
| Oct 2019 | $149 | $12.44 |
| Nov 2019 | $102 | $8.47 |
| Dec 2019 | $103 | $8.58 |
| Jan 2020 | $62 | $5.17 |
| Feb 2020 | $57 | $4.72 |
| Mar 2020 | $61 | $5.11 |
| Apr 2020 | $57 | $4.75 |
| May 2020 | $72 | $5.97 |
| Jun 2020 | $49 | $4.11 |
| Jul 2020 | $52 | $4.30 |
| Aug 2020 | $50 | $4.20 |
| Sep 2020 | $77 | $6.45 |
| Oct 2020 | $147 | $12.22 |
| Nov 2020 | $188 | $15.66 |
| Dec 2020 | $276 | $23.01 |
| Jan 2021 | $485 | $40.41 |
| Feb 2021 | $586 | $48.82 |
| Mar 2021 | $589 | $49.08 |
| Apr 2021 | $384 | $32.02 |
| May 2021 | $257 | $21.42 |
| Jun 2021 | $326 | $27.13 |
| Jul 2021 | $360 | $29.97 |
| Aug 2021 | $337 | $28.10 |
| Sep 2021 | $430 | $35.85 |
| Oct 2021 | $318 | $26.53 |
| Nov 2021 | $318 | $26.53 |
| Dec 2021 | $280 | $23.31 |
| Jan 2022 | $277 | $23.10 |
| Feb 2022 | $264 | $22.03 |
| Mar 2022 | $230 | $19.13 |
| Apr 2022 | $216 | $17.96 |
| May 2022 | $132 | $11.02 |
| Jun 2022 | $133 | $11.08 |
| Jul 2022 | $125 | $10.41 |
| Aug 2022 | $114 | $9.51 |
| Sep 2022 | $108 | $9.00 |
| Oct 2022 | $57 | $4.79 |
| Nov 2022 | $57 | $4.74 |
| Site | Cooling | Rate | Uptime | Cost per BTC | Profit per month | All-in per unit | Year 1 return |
|---|---|---|---|---|---|---|---|
| UAE | Immersion | 6.5¢ | 99.3% | $640,483 | -$87 | — | — |
| Nigeria | Air-cooled | 4.5¢ | 73.6% | $443,411 | -$42 | — | — |
| Argentina | Air-cooled | 6.5¢ | 98.7% | $640,483 | -$86 | — | — |
| Specification | Value |
|---|---|
| Manufacturer | MicroBT |
| Model | MicroBT Whatsminer M3 |
| Release date | Jan 2018 |
| Algorithm | SHA-256 |
| Hashrate | 12 TH/s |
| Power consumption | 2000 W |
| Efficiency | 166.67 J/TH |
| Cooling | Air-cooled |
| Dimensions | 430 x 155 x 226 mm (approx.) |
| Weight | 8.1 kg (approx.) |
The MicroBT Whatsminer M3 is outdated. Newer models make bitcoin far more cheaply.
As of Nov 2, 2026, hosted in Nigeria at 4.5¢/kWh, the MicroBT Whatsminer M3 (12 TH/s) is calculated to lose $1.38 daily, $41.86 monthly and $502.23 yearly after electricity, at a bitcoin price of $77,903. It always changes with bitcoin's price and network difficulty.
Electricity to mine one bitcoin with the MicroBT Whatsminer M3 costs about $443,411 in Nigeria, and $640,483 in UAE and $640,483 in Argentina. Bitcoin trades at $77,903, so every coin it mines is made above the price of buying one.
The MicroBT Whatsminer M3 produces 12 TH/s of SHA-256 hashrate and consumes 2,000 W, giving an efficiency of 166.67 J/TH.
The MicroBT Whatsminer M3 measures about 430 x 155 x 226 mm and weighs around 8.1 kg.
The MicroBT Whatsminer M3 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 MicroBT Whatsminer M3 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.
The MicroBT Whatsminer M3 sold for $3,378 in Jan 2018 and $57 as of Nov 2022, down 98%. Over that time it ranged from $44 to $3,378.
MicroBT announced the MicroBT Whatsminer M3 in Jan 2018.