Live Proof-of-Work mining data · updated Sep 26, 21:22 UTC

Most profitable ASIC miners for your watts

Ranked by Profit per Watt

Your rig has a power budget and every watt should earn the most money possible. Enter your power limit and electricity rate - CoinWarz returns the highest-profit Bitcoin, Zcash, and PoW hardware, ranked by net daily profit per watt from live network difficulty, hashrate, and prices.

W

Watts at the wall outlet, not the nameplate on the spec sheet. Real draw is usually higher.

$ /kWh
Algorithms none selected = all
Advanced options Fee, uptime, budget
%
%
$

Results update as you type, ranked by Profit per Watt.

Total daily net profit $72.64 ≈ $2,210.86/month · 7 machines
Watts used 2,990 W 10 W remaining
Profit per Watt $0.024293 per watt / day, whole mix

This mix earns $0.06 more per day than the best single machine (1 × Bitmain Antminer Z15 PRO 840Kh/s).

Rest of the mix. 1 more model fills the remaining watts.

  1. 2 Bitaxe GT 800 2.4Th/s Bitaxe · 2.40 TH/s · BTC Profit / watt$0.000304per day Net / day$0.06$0.01 each Quantity×6units Watts35 W210 W total Calculator Buy
Power breakdown 2,990 W of 3,000 W · 99.7% used
  • Bitmain Antminer Z15 PRO 840Kh/s ×1 2,780 W 92.7% of power $72.57 99.9% of profit
  • Bitaxe GT 800 2.4Th/s ×6 210 W 7% of power $0.06 <0.1% of profit
  • Unused headroom 10 W 0.3% of power $0.00 nothing profitable fits

Bitcoin mining tools

Live profitability, network charts, and a one-year scenario planner for difficulty and price.

New

Bitcoin mining profitability forecast

Play out the next year of mining. Adjust difficulty and BTC price across 26 difficulty retargets, see daily profit for your hashrate and power cost, and sum cumulative earnings - with the next halving applied when it falls in the window.

  • Start from live difficulty, price, and block subsidy
  • Model bull, bear, or custom difficulty and price paths
  • Same transparent profit math as the live calculator
Hardware rankings

Top miners by Profit per Watt

Ranked across every algorithm at $0.10/kWh electricity. Higher Profit per Watt means more money from the same power budget.

View all miner rankings
# Hardware Mines Power Profit / Watt Net / day
1 Bitmain Antminer Z15 PRO 840Kh/s Bitmain ZEC 2,780 W $0.026105/W $72.57
2 Bitmain Antminer Z15K Bitmain ZEC 2,483 W $0.017547/W $43.57
3 Bitmain Antminer Z15 420K Bitmain ZEC 2,780 W $0.011853/W $32.95
4 Antminer D9 1770Gh/s Bitmain DASH 2,839 W $0.007304/W $20.74
5 Antminer U3S23H 1160TH/s Bitmain BTC 11,020 W $0.001750/W $19.29

Explore CoinWarz

Mining calculators, price charts, difficulty charts, hashrate charts, mining hardware rankings, and guides for every supported PoW coin.

Live coin prices

Tap any coin to open its USD price chart and historical trends.

Why Profit per Watt wins

Power is the one resource every miner is capped on. Two machines can earn the same dollars per day - the efficient one does it on far fewer watts, leaving headroom to add rigs, survive price dips, and stay profitable when electricity costs rise.

Miner A Less efficient
Net profit $6.00 / day
Power draw
3,000 W
Profit per Watt $0.002000/W·day
Relative efficiency 50%
Miner B Efficient
Net profit $6.00 / day
Power draw
1,500 W
Profit per Watt $0.004000/W·day
Relative efficiency 100%
2× Profit per Watt

Same daily profit, half the power. Miner B lets you run twice the hashrate on the same circuit - that's why CoinWarz ranks by Profit per Watt instead of raw hashrate or sticker profit.

Browse miners by Profit per Watt →

Proof of Work Cryptocurrencies

Algorithm, block reward, target block time, and live price for each supported coin.

Algorithm, block reward, block time, and price for each supported coin
Coin Algorithm Block reward Block time Price (USD) Tools
BTC Bitcoin Sha256 3.125 BTC 600 s $84,106
Tools
ZEC Zcash Equihash 1.5625 ZEC 75 s $1,611
Tools
XMR Monero RandomX 0.6 XMR 120 s $554.64
Tools
LTC Litecoin Scrypt 6.25 LTC 150 s $71.79
Tools
DOGE Dogecoin Scrypt 10,000 DOGE 60 s $0.0964
Tools
DASH Dash X11 1.55 DASH 157 s $72.80
Tools
ETC Ethereum Classic Ethash 2.56 ETC 13 s $9.39
Tools
BCH Bitcoin Cash Sha256 3.125 BCH 600 s $335.35
Tools
RVN Ravencoin KawPow 2,500 RVN 60 s $0.002421
Tools
ALPH Alephium Blake3 3.06 ALPH 8 s $0.0605
Tools
ETHW EthereumPoW Ethash 2 ETHW 13 s $0.2979
Tools
VTC Vertcoin Verthash 12.5 VTC 150 s $0.0420
Tools
BELLS Bellscoin Scrypt 2 BELLS 60 s $0.0363
Tools
SYS Syscoin Sha256 60 SYS 60 s $0.002598
Tools

How CoinWarz calculates mining profit

  1. 1 Hash share

    Your miner hashrate divided by the live network hashrate from full nodes or block explorers.

  2. 2 Daily coins

    Block reward × (86,400 ÷ block time) × hash share. Merge-mined Scrypt (LTC + DOGE) sums both chains' rewards.

  3. 3 Revenue

    Daily coins × USD price (refreshed every 10 minutes).

  4. 4 Costs

    Power cost = (watts ÷ 1000) × 24 × your USD/kWh rate. Pool fees = revenue × pool fee.

  5. 5 Profit per Watt

    (Revenue − power cost − pool fees) ÷ watts - the headline metric used to rank all hardware.

News and Learn

Latest mining news

All news →
News BTC

Strategy Wants To Pay Preferred Stock Dividends Every Day

TL;DR Strategy is asking shareholders to approve daily dividend record dates for STRC, STRD, STRF and STRK. The proposed change would alter payment frequency without changing dividend rates or increasing total regular dividend obligations. Shareholders are expected to vote on the amendments at a special meeting on October 28. Strategy is proposing an unusual change to the preferred stocks that sit alongside its enormous Bitcoin treasury: dividends calculated around daily record dates rather than monthly, semi-monthly or quarterly schedules. The company’s board approved the proposal on September 24, with Strategy filing details with the SEC the following day. Shareholder approval is still required. Daily Payments Would Not Mean Higher Dividends The proposal covers four U.S.-listed preferred securities: STRC, STRF, STRK and STRD. If approved, every calendar day would become a dividend record date. Any dividend declared for that date would then be paid on the following business day. That includes weekends and holidays as record dates even though the cash payment itself would wait for the next business day. The important detail is what does not change. Strategy says the amendments would not increase or decrease the regular dividend rates on the four preferred stocks and would not increase the company’s overall regular dividend obligations. This is a change in cadence, not a promise of extra income. STRC would move first, with the initial daily record date expected on November 1 if shareholders approve the change. STRF, STRK and STRD would transition from January 2027. Strategy Is Trying To Make Its Preferred Shares Behave More Like Digital Credit The company has increasingly described its preferred-stock products as “digital credit,” building different securities around fixed or variable distributions while using the proceeds to support its broader capital structure and Bitcoin strategy. Dividend frequency is part of that experiment. STRC only moved from monthly to semi-monthly distributions earlier this year. Now Strategy wants to go much further. More frequent distributions could make accrued income easier to price into the securities and reduce some of the friction around buying or selling shares between payment dates. Strategy says the goal is to support liquidity, demand and price stability. The change is not automatic. The proposal will go to a special shareholder meeting expected on October 28, and the amended terms would only become effective after shareholder approval and the required corporate filings. Strategy is best known for accumulating Bitcoin. Its capital structure is becoming nearly as experimental as the asset sitting inside it. If shareholders approve daily dividends, the company’s preferred shares will begin to look even less like conventional quarterly-income securities and more like continuously accruing financial instruments. This article was written by the News Desk and edited by Samuel Rae.

Bitcoin Magazine

Samourai Letter #7: Notes From The Inside

Bitcoin Magazine Samourai Letter #7: Notes From The Inside Syndicated from The Rage: Samourai Wallet developer Keonne Rodriguez documents "the absolute worst 30 days of my life." This post Samourai Letter #7: Notes From The Inside first appeared on Bitcoin Magazine and is written by Keonne Rodriguez .

Learn & guides

All articles →

What Is Bitcoin Mining Difficulty: How the system self-corrects

Mining difficulty is Bitcoin's automatic adjustment mechanism that keeps block times stable. At 126.23T as of August 2026, it determines how hard it is to mine each block. Here is exactly how the system recalibrates every two weeks.

CoinWarz

Frequently asked questions

Direct answers to common mining questions - updated with live data when available.

What is CoinWarz?

CoinWarz is a Proof-of-Work (PoW) mining profitability platform. It provides live mining calculators, network difficulty and hashrate charts, USD price history, and ASIC hardware rankings sorted by Profit per Watt - net daily mining profit divided by power draw in watts.

How do you calculate crypto mining profitability?

CoinWarz estimates daily mining profit as: (your hashrate ÷ network hashrate) × block reward × blocks per day × coin USD price − electricity cost − pool fees. Blocks per day = 86,400 ÷ target block time in seconds. Electricity cost = (watts ÷ 1000) × 24 × USD per kWh. Pool fees = gross revenue × pool fee rate.

What is the current Bitcoin price and network stats?

Bitcoin (BTC) is $84,106 USD on CoinWarz (updated Sep 26, 21:22 UTC). The SHA-256 network difficulty is 132.76T with an estimated hashrate of 1.02 ZH/s. The current block subsidy is 3.125 BTC per block (~10 minute target block time).

What is Profit per Watt in mining?

Profit per Watt is net daily mining profit in USD divided by miner power draw in watts (USD/W/day). CoinWarz uses it as the headline metric for hardware rankings because electricity is the largest ongoing cost and efficiency determines real-world returns more than raw hashrate alone.

Which cryptocurrencies does CoinWarz support?

CoinWarz tracks 14 active PoW coins: Bitcoin (BTC), Zcash (ZEC), Monero (XMR), Litecoin (LTC), Dogecoin (DOGE), Dash (DASH), Ethereum Classic (ETC), Bitcoin Cash (BCH), Ravencoin (RVN), Alephium (ALPH), EthereumPoW (ETHW), Vertcoin (VTC), Bellscoin (BELLS), Syscoin (SYS). Each has a mining calculator, optional difficulty/hashrate/price charts, and algorithm-matched hardware rankings.

Where does CoinWarz get cryptocurrency prices?

USD prices are fetched from the CoinGecko public API every 10 minutes and stored in the CoinWarz database.

Where does CoinWarz get network difficulty and hashrate?

Block difficulty and estimated network hashrate come from synced full-node RPC data (Bitcoin, Litecoin, Dogecoin) or trusted block explorers (Zcash via Blockchair, Monero via LocalMonero). Values are recorded per block and shown on charts and calculators.

Does CoinWarz support Litecoin and Dogecoin merge mining?

Yes. Litecoin and Dogecoin are AuxPoW merge-mined on the Scrypt algorithm. One Litecoin hashrate share earns both LTC (≈6.25 LTC/block, 150s target) and DOGE (≈10,000 DOGE/block, 60s target) block rewards against the Litecoin network hashrate.

Which ASIC miner is most profitable?

The most profitable miner depends on your electricity rate, coin price, and network difficulty. CoinWarz ranks all listed hardware by Profit per Watt at your USD/kWh - use the Miners page to compare ASICs across algorithms or filter by coin.