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Glassnode

Chart description

This metric estimates the USD denominated profit earned per rig day for an Antminer S9 ASIC rig (13.5 Th, 1323W, Feb-2017) under various all-in-sustaining-cost (AISC) assumptions ($/kWh).

The profitability of the rig is calculated as follows:

(1) Revenue per day = 13.5 Th / Global Hashrate * USD Block Reward

(2) All-in-sustaining-cost per day = (1.323kW * 24hr * Input All-in-sustaining-cost ($/kWh))

Profit per day = (1) - (2)

Each trace reflects a different all-in-sustaining-cost ($/kWh) assumption:

  • 🔴 $0.025/kWh (Most profitable)
  • 🟠 $0.050/kWh
  • 🟡 $0.075/kWh
  • 🟢 $0.100/kWh
  • 🟣 $0.125/kWh (Least profitable)

An additional trace is show 🔵 for the estimated break-even all-in-sustaining-cost ($/kWh) for this rig.

Note: This chart is presented in log scale, and thus points where rigs become unprofitable will show up as null values.

Metrics details