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Hashcost Table

Here’s the thing about Bitcoin mining: it’s a game of margins. The Hashcost Table is a secret weapon in navigating profitability. By breaking down the daily cost of Bitcoin mining into two critical factors—electricity prices and ASIC efficiency—you can pinpoint your exact costs with precision. If you are not running these numbers BEFORE you buy an ASIC, then what are you even doing?

Key Components:

  1. Electricity Price (kWh): On the left, you’ll see the range of electricity costs, from $0.005 to $0.120 per kilowatt-hour. These numbers were chosen based on near free cost up to residential rates in Texas.
  2. ASIC Efficiency (w/th/s): Across the top, we’ve got ASIC efficiency, measured in watts per terahash per second. This number reflects how many watts it takes to generate 1 th/s. The lower the efficiency number, the better.
Hashcost Table

How to Use the Table:

  • Find Your kWh Cost: First, locate your electricity price in the left column.
  • Identify Your ASIC Efficiency: Next, find the efficiency of your ASIC in the top row.
  • Determine Your Daily Hashcost: The intersection of your kWh cost and ASIC efficiency reveals your daily hashcost—the cost of generating one terahash of computational power per day.

Example:

Let’s say you’re paying $0.05 per kWh and your ASIC efficiency is 20 w/th/s. Your daily hashcost? It’s $0.025. That’s what it costs to produce one terahash of computational power per day. Simple, right?

This isn’t just a table; it’s a strategic tool. By understanding your daily hashcost, you can make smarter decisions, adjust your operations, and ultimately, stay ahead in the relentless race of Bitcoin mining. Because in the end, it’s about maximizing efficiency and squeezing every bit of value out of your operation. And that’s where the Hashcost Table shines.

hashcost table