How much does it cost to run a bitcoin miner (ASIC)?
A bitcoin miner (ASIC) costs about 58¢ per hour, $14.03 a day, $427 a month and $5,125 a year at typical use (24 hours a day) and the U.S. average rate of 17.99¢/kWh. ASIC miners run at full load 24/7; an Antminer S19 uses about 28,000 kWh a year, more than double a typical US home. Most need a 240 V circuit.
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Cost by setting
| Setting | Watts | Per hour | Per day | Per month | Per year |
|---|---|---|---|---|---|
| Bitaxe (home solo miner) | 15 | 0.3¢ | 6.5¢ | $1.97 | $24 |
| Antminer S9 | 1,350 | 24¢ | $5.83 | $177 | $2,129 |
| Antminer S19 / S19j Pro | 3,250 | 58¢ | $14.03 | $427 | $5,125 |
| Antminer S21 | 3,500 | 63¢ | $15.11 | $460 | $5,520 |
At 24 hours a day and 17.99¢/kWh.
Cost by hours of use
| Hours per day | kWh/day | Per day | Per month | Per year (all year) |
|---|---|---|---|---|
| 1 hour | 3.25 | 58¢ | $17.80 | $214 |
| 2 hours | 6.50 | $1.17 | $35.59 | $427 |
| 4 hours | 13.00 | $2.34 | $71.18 | $854 |
| 8 hours | 26.00 | $4.68 | $142 | $1,708 |
| 12 hours | 39.00 | $7.02 | $214 | $2,563 |
| 24 hours | 78.00 | $14.03 | $427 | $5,125 |
Cost to run a bitcoin miner (ASIC) in every state
The same bitcoin miner (ASIC) costs $3,510 a year in North Dakota and $12,396 in Hawaii, at each state's average residential rate (12 months ending July 2026).
| State | Rate | Per hour | Per month | Per year |
|---|---|---|---|---|
| North Dakota | 12.32¢ | 40¢ | $292 | $3,510 |
| Idaho | 12.65¢ | 41¢ | $300 | $3,604 |
| Nebraska | 12.86¢ | 42¢ | $305 | $3,664 |
| Louisiana | 12.99¢ | 42¢ | $308 | $3,701 |
| Utah | 13.32¢ | 43¢ | $316 | $3,795 |
| Nevada | 13.36¢ | 43¢ | $317 | $3,806 |
| Arkansas | 13.43¢ | 44¢ | $319 | $3,826 |
| Tennessee | 13.56¢ | 44¢ | $322 | $3,863 |
| Oklahoma | 13.70¢ | 45¢ | $325 | $3,903 |
| Montana | 13.84¢ | 45¢ | $329 | $3,943 |
| Kentucky | 13.92¢ | 45¢ | $330 | $3,966 |
| Missouri | 13.95¢ | 45¢ | $331 | $3,974 |
| Wyoming | 14.01¢ | 46¢ | $333 | $3,991 |
| Washington | 14.12¢ | 46¢ | $335 | $4,023 |
| Iowa | 14.13¢ | 46¢ | $335 | $4,026 |
| South Dakota | 14.20¢ | 46¢ | $337 | $4,046 |
| Mississippi | 14.77¢ | 48¢ | $351 | $4,208 |
| North Carolina | 14.77¢ | 48¢ | $351 | $4,208 |
| Kansas | 15.09¢ | 49¢ | $358 | $4,299 |
| Georgia | 15.12¢ | 49¢ | $359 | $4,308 |
| New Mexico | 15.32¢ | 50¢ | $364 | $4,365 |
| Florida | 15.39¢ | 50¢ | $365 | $4,385 |
| Arizona | 15.40¢ | 50¢ | $366 | $4,387 |
| West Virginia | 15.48¢ | 50¢ | $368 | $4,410 |
| Oregon | 15.50¢ | 50¢ | $368 | $4,416 |
| South Carolina | 15.64¢ | 51¢ | $371 | $4,456 |
| Texas | 15.96¢ | 52¢ | $379 | $4,547 |
| Minnesota | 16.22¢ | 53¢ | $385 | $4,621 |
| Alabama | 16.44¢ | 53¢ | $390 | $4,684 |
| Virginia | 16.48¢ | 54¢ | $391 | $4,695 |
| Colorado | 16.58¢ | 54¢ | $394 | $4,724 |
| Indiana | 16.94¢ | 55¢ | $402 | $4,826 |
| Delaware | 17.79¢ | 58¢ | $422 | $5,068 |
| Ohio | 18.25¢ | 59¢ | $433 | $5,199 |
| Wisconsin | 18.74¢ | 61¢ | $445 | $5,339 |
| Illinois | 18.79¢ | 61¢ | $446 | $5,353 |
| Pennsylvania | 20.70¢ | 67¢ | $491 | $5,897 |
| Maryland | 21.03¢ | 68¢ | $499 | $5,991 |
| Michigan | 21.05¢ | 68¢ | $500 | $5,997 |
| New Jersey | 23.78¢ | 77¢ | $565 | $6,775 |
| Vermont | 23.80¢ | 77¢ | $565 | $6,781 |
| District of Columbia | 24.20¢ | 79¢ | $575 | $6,894 |
| New Hampshire | 26.67¢ | 87¢ | $633 | $7,598 |
| Alaska | 26.85¢ | 87¢ | $637 | $7,649 |
| Connecticut | 27.99¢ | 91¢ | $665 | $7,974 |
| New York | 28.39¢ | 92¢ | $674 | $8,088 |
| Rhode Island | 29.27¢ | 95¢ | $695 | $8,339 |
| Maine | 29.31¢ | 95¢ | $696 | $8,350 |
| Massachusetts | 30.43¢ | 99¢ | $722 | $8,669 |
| California | 32.99¢ | $1.07 | $783 | $9,399 |
| Hawaii | 43.51¢ | $1.41 | $1,033 | $12,396 |
How to cut the cost
- Calculate break-even at your actual electricity rate; at $0.16/kWh an S19 costs about $4,500 a year to run.
- Run on a time-of-use plan and pause mining during peak-rate hours.
- Use firmware with power-efficient tuning (e.g. underclocking) to improve J/TH by 10-20%.
- Reuse the waste heat to offset space heating in winter instead of venting it.
Cheaper ways to get the job done
Newer chips deliver far more hashrate per kWh (about 17 J/TH vs 30+ J/TH for an S19).
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Compare with similar appliances
| Appliance | Watts | Typical use | Per month | Per year |
|---|---|---|---|---|
| Bitcoin miner (ASIC) | 3,250 | 24 hours a day | $427 | $5,125 |
| Gaming PC | 400 | 3 hours a day | $5.60 | $67 |
| Home server | 80 | 24 hours a day | $10.51 | $126 |
| NAS | 35 | 24 hours a day | $4.60 | $55 |
| Desktop computer | 90 | 6 hours a day | $3.15 | $38 |
| iMac / all-in-one computer | 60 | 6 hours a day | $2.07 | $25 |
| Laptop | 40 | 6 hours a day | $1.36 | $16 |
Head-to-head comparisons
Frequently asked questions
How much does it cost to run a bitcoin miner (ASIC) per hour?
A bitcoin miner (ASIC) drawing 3,250 watts uses 3.25 kWh per hour. At the U.S. average of 17.99¢/kWh that's 58¢ per hour. In North Dakota (12.32¢) it's 40¢. In Hawaii (43.51¢) it's $1.41.
How much does it cost to run a bitcoin miner (ASIC) per month?
At typical use (24 hours a day), a bitcoin miner (ASIC) costs about $427 a month and $5,125 a year, at the U.S. average rate. Enter your ZIP in the calculator above for your utility's rate.
How many watts does a bitcoin miner (ASIC) use?
Most bitcoin miner (ASIC)s use 15 to 3,600 watts, depending on the setting (bitaxe (home solo miner) 15 W, antminer s9 1,350 W, antminer s19 / s19j pro 3,250 W, antminer s21 3,500 W). Check the label on the back or bottom for your model's exact rating.
How many kWh does a bitcoin miner (ASIC) use?
About 78.00 kWh a day and 28,490 kWh a year at typical use (24 hours a day).
Does a bitcoin miner (ASIC) use a lot of electricity?
Yes. At 28,490 kWh a year it's one of the bigger loads in a home, about 272% of the average U.S. home's 10,492 kWh a year.
Is it cheaper to run a bitcoin miner (ASIC) or a gaming PC?
At typical use, a bitcoin miner (ASIC) costs about $5,125 a year versus $67 for a gaming PC. So the gaming PC is cheaper by about $5,058 a year. Use the comparison table above to compare them at your own settings.
How can I lower the cost of running a bitcoin miner (ASIC)?
- Calculate break-even at your actual electricity rate; at $0.16/kWh an S19 costs about $4,500 a year to run.
- Run on a time-of-use plan and pause mining during peak-rate hours.
- Use firmware with power-efficient tuning (e.g. underclocking) to improve J/TH by 10-20%.
Rates updated 2026-10-21: EIA data through July 2026. Typical wattage and usage reviewed against DOE, ENERGY STAR and manufacturer specs. Methodology.