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MicroBT Whatsminer M50 profitability history

What the MicroBT Whatsminer M50 (118 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 Jul 2022: 0.20737 BTC mined, $8,204 of revenue, $4,387 of electricity.

Today: -$0.20 a day after electricity and $74,370 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 M50 was released in Jun 2022; daily market data begins in Jul 2022, 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
Jul 20220.00977$21,876$213.95$68.94$145.01$7,055
Aug 20220.01215$22,474$273.23$85.49$187.75$7,035
Sep 20220.01056$19,816$209.34$82.73$126.61$7,833
Oct 20220.00994$19,627$195.08$85.49$109.59$8,599
Nov 20220.00913$17,674$161.30$82.73$78.57$9,060
Dec 20220.00984$16,950$166.77$85.49$81.29$8,689
Jan 20230.00951$20,120$190.32$85.49$104.84$8,986
Feb 20230.00787$23,300$183.31$77.21$106.09$9,814
Mar 20230.00789$25,056$197.24$85.49$111.76$10,832
Apr 20230.00703$28,850$202.89$82.73$120.16$11,764
May 20230.00804$27,508$221.38$85.49$135.89$10,634
Jun 20230.00666$27,690$184.44$82.73$101.71$12,413
Jul 20230.00661$30,078$198.75$85.49$113.27$12,939
Aug 20230.00649$27,892$181.16$85.49$95.67$13,175
Sep 20230.00612$26,296$160.79$82.73$78.06$13,528
Oct 20230.00586$29,625$173.12$85.49$87.63$14,593
Nov 20230.00579$36,499$211.27$82.73$128.54$14,294
Dec 20230.00625$42,426$265.39$85.49$179.90$13,680
Jan 20240.00526$42,920$225.59$85.49$140.10$16,266
Feb 20240.00427$49,503$210.62$79.97$130.65$18,709
Mar 20240.00435$67,612$293.66$85.49$208.17$19,673
Apr 20240.00375$65,967$247.94$82.73$165.21$22,088
May 20240.00214$65,088$139.23$85.49$53.75$39,960
Jun 20240.00217$66,005$143.82$82.73$61.09$38,061
Jul 20240.00214$62,733$134.10$85.49$48.62$39,946
Aug 20240.00195$60,064$117.22$85.49$31.73$43,817
Sep 20240.00183$60,182$110.40$82.73$27.67$45,097
Oct 20240.00193$65,540$126.20$85.49$40.71$44,364
Nov 20240.00167$86,295$144.17$82.73$61.44$49,476
Dec 20240.00164$98,317$161.09$85.49$75.60$52,187
Jan 20250.00156$99,947$156.31$85.49$70.83$54,663
Feb 20250.00139$95,565$132.65$77.21$55.44$55,618
Mar 20250.00153$85,023$129.94$85.49$44.46$55,941
Apr 20250.00137$86,331$118.43$82.73$35.70$60,271
May 20250.00142$103,376$146.75$85.49$61.27$60,210
Jun 20250.00131$105,726$138.86$82.73$56.13$62,995
Jul 20250.00139$115,184$159.88$85.49$74.39$61,505
Aug 20250.00132$114,924$151.95$85.49$66.46$64,658
Sep 20250.00120$113,009$135.65$82.73$52.92$68,911
Oct 20250.00114$114,290$130.51$85.49$45.02$74,848
Nov 20250.00108$96,532$103.75$82.73$21.02$76,900
Dec 20250.00115$89,008$102.01$85.49$16.53$74,586
Jan 20260.00117$90,557$105.99$85.49$20.50$73,010
Feb 20260.00114$69,035$78.57$77.21$1.36$67,829
Mar 20260.00121$69,617$84.18$85.49-$1.30$70,664
Apr 20260.00120$73,507$88.37$82.73$5.64$68,834
May 20260.00126$78,032$98.55$85.49$13.06$67,721
Jun 20260.00125$63,237$79.13$82.73-$3.60$66,106
Jul 20260.00132$63,709$84.03$85.49-$1.45$64,834
Aug 20260.00135$69,262$93.23$85.49$7.74$63,530
Sep 20260.00128$80,390$102.49$82.73$19.77$64,840
Oct 20260.00124$82,327$102.36$85.49$16.87$68,805
Nov 20260.00048$76,090$36.65$35.85$0.81$74,416

If you had bought the MicroBT Whatsminer M50 earlier

BoughtPaid landedBitcoin minedWorth todayElectricityReturnAnnualized
First listed (Aug 2023) (2023-08-14)$2,8280.08958$6,623$3,276118%36%

Profit is over electricity only and does not repay the machine, shipping, import or setup. MicroBT Whatsminer M50 price history · MicroBT Whatsminer M50 specifications and price · Three years on, the Whatsminer M50 has paid for its box, and only Nigeria's power keeps it on