RELEVANT Profitability and ROI of
ASIC-miners

What is the profitability and payback period of an ASIC miner?

The profitability and payback period of an ASIC are the basis for calculating the exact ROI. To calculate the net profitability and payback period of an ASIC, several key factors must be taken into account: the monthly mining volume in USDT (the ratio of mined coins, which the exchange evaluates in terms of the stablecoin USDT), electricity consumption, and the cost of the miner. A simple formula for calculating the payback period:

miner price / (monthly mining output − monthly electricity cost) = ASIC payback period

What affects miner profitability

There are many factors that affect miner profitability, especially for beginners who are just starting to understand the basics of mining and ASIC profitability. Below are the main ones:

1. The price of the coin mined by the ASIC miner There are many devices on the market for the SHA-256, Etchash, Equihash, and other algorithms. Each algorithm supports its own list of coins with its own capitalization. Exchange rate volatility directly affects profitability: on one day, the equipment can bring in $10 per day, and on the next — $100 or $5.
2. Network complexity and reward Another factor that determines the miner’s payback period is the complexity of the network and the size of the reward. Complexity can be compared to a “queue” of similar miners: the more devices working simultaneously, the higher the complexity and the fewer coins each participant receives, which increases the payback period. It is also important to consider the block reward. As a rule, it is stable, but some coins undergo halving (a reduction of the reward by half) every 1 to 4 years. For example, the Bitcoin halving in April 2024 reduced the reward from 6.25 BTC to 3.125 BTC per block. The next halving is expected in 2028 and will reduce the reward to 1.5625 BTC.
3. Hash rate, device power consumption, electricity price, and miner cost The ratio of power consumption to hash rate (computing power) is one of the key factors affecting payback and profitability. Manufacturers are constantly improving chips, reducing energy consumption while increasing hashrate. This improves the power consumption / hashrate ratio. The newer the device, the better this ratio, the lower the costs, and the higher the profit.
4. Operating costs These include all associated costs: internet fees, salaries for equipment maintenance personnel, cleaning, and technical maintenance. This factor is individual and cannot be accurately predicted.
5. Strategy: accumulation and holding or fixing in USDT This point relates to the human factor and affects the long-term outlook.
   • Hold strategy: mined coins are not converted to USDT but are stored on an exchange or in a wallet. As the exchange rate rises, the accumulation increases proportionally. For example, 1 BTC mined in 2019 at $4,900 would be worth $107,000 in 2025. However, this also works in reverse.
   • Fixed in USDT: monthly conversion to stablecoin provides a stable, predictable income that is easy to plan and control.

How the list of miner profitability and payback will help any miner

Our ASIC miner profitability and payback page provides quick access to key information on virtually all models released from 2014 to the present. The service quickly calculates the mining profitability for all models, generates a payback rating, and allows you to set the main parameters:

• the cost of electricity,
• the coin or algorithm,
• the period (day/month/year).

You receive reliable data on current profitability based on up-to-date quotes from exchanges and networks of the most popular cryptocurrencies.