Question 1

What determines the cost to mine 1 Bitcoin?

Accepted Answer

Mining cost depends on ASIC efficiency, electricity tariffs, uptime, cooling method, and network difficulty. BitcoinMiningCost models these factors daily using real USA & EU regional electricity data, live pool fee structures, and ASIC efficiency cohorts.

Question 2

Why does mining cost vary by region?

Accepted Answer

Electricity prices differ significantly across states and countries. Industrial miners in low-cost regions like Texas or Scandinavia may access sub-4¢/kWh rates, while residential tariffs in Germany or California can exceed 20¢/kWh. These differences create a 2–5× gap in cost to mine 1 BTC between the cheapest and most expensive regions.

Question 3

How do you calculate Bitcoin mining breakeven?

Accepted Answer

Breakeven is calculated from network difficulty, estimated BTC mined per day per terahash, ASIC power draw, and regional electricity cost. The result is the USD cost to produce 1 BTC at a given location and tariff. See our methodology page for full formulas and data sources.

Question 4

Which ASICs have the lowest cost per BTC mined?

Accepted Answer

The most efficient ASICs in 2026 include the Antminer S21 XP, Whatsminer M63S, and Canaan Avalon A15 series, all operating below 18 J/TH. These models deliver the lowest USD cost per BTC across USA & EU industrial tariffs. The full ASIC leaderboard with daily cost-per-BTC rankings is available at bitcoinminingcost.com/asic.

Question 5

Can I calculate blended mining cost across multiple ASICs, regions, and pools?

Accepted Answer

Yes. The BMC dashboard lets you model multiple ASIC models across multiple regions and pools simultaneously, showing a blended cost-per-BTC for your entire fleet. This is the only tool that produces a single aggregated cost number for multi-site operations without requiring a manual spreadsheet.

Question 6

How often is the data updated?

Accepted Answer

Data is updated daily. Free users receive the latest daily snapshot for a curated ASIC set. Paid plans unlock full historical depth, expanded ASIC coverage, and higher-frequency data feeds.

Question 7

Which ASIC models and regions are covered?

Accepted Answer

BitcoinMiningCost covers 250+ SHA-256 ASIC models from Bitmain, MicroBT, Canaan, and others. Regional coverage includes all US states (industrial, commercial, and residential tariffs) and major European countries. Coverage expands with subscription tier.

Question 8

Can I export mining cost data?

Accepted Answer

Yes. CSV export and a REST API are available on paid plans. The public API provides access to regional mining cost snapshots, ASIC efficiency data, and pool cost comparisons. See the API documentation for endpoints and rate limits.