Bitcoin trades at $85,436. We mine it at $52,468, 39% below market. Own the machine. Own the Bitcoin.
Run the numbers on owning hashrate
Estimate your annual return from current market conditions. Move the sliders; every figure below updates as you go.
New to Bitcoin mining? Here's how it worksThree steps, one minute. Expand to read the basics.
You buy mining hardware
Purchase Bitcoin miners (ASIC machines) that run 24/7 solving mathematical problems to secure the Bitcoin network.
Miners earn Bitcoin weekly
Your machines earn Bitcoin rewards based on their computational power. At current rates, expect ~8% annual yield. As hashprice and Bitcoin price rise, your returns increase while your expenses stay fixed, improving your breakeven and accelerating payback.
Dollar-cost average automatically
Instead of buying Bitcoin at today's price, mining spreads your investment over time. You accumulate BTC weekly regardless of price.
Why mining? Mining lets you accumulate Bitcoin at a discount to market prices while benefiting from potential price appreciation. It's a passive, automated DCA strategy.
Annual Return
Upfront Cost
$1.00M
Monthly Cashflow
$19,752
Miners purchased
116
Base Return
23.70%
Cost per PH
Electricity Rate
Power Consumed
0.65 MW
Efficiency
13 J/TH
Return Overview
Full Annual Economics
at BTC price of $85,436
Advanced Metrics
Deeper analysis to inform your investment decision
Year 1 Tax Savings
IRS §168(k) 100% Bonus Depreciation, full write-off in year of purchase
| Tax Bracket | Deduction | Tax Saved | Net Cost |
|---|---|---|---|
| 32% bracket | $1,000,000 | $320,000 | $680,000 |
| 35% bracket | $1,000,000 | $350,000 | $650,000 |
| 37% bracket | $1,000,000 | $370,000 | $630,000 |
| 39.6% (proposed top) | $1,000,000 | $396,000 | $604,000 |
Consult a qualified tax advisor. Assumes full business use, active participation, and no passive activity loss limitations.
Hashprice Sensitivity
Annual return and cash-on-cash across different market conditions
| Hashprice | Annual Return | Cash-on-Cash | Payback |
|---|---|---|---|
| $30below floor | $72,453 | 7.25% | 166mo |
| $40CURRENT | $193,816 | 19.38% | 62mo |
| $50 | $315,178 | 31.52% | 38mo |
| $60 | $436,541 | 43.65% | 27mo |
| $70 | $557,903 | 55.79% | 22mo |
| $80 | $679,266 | 67.93% | 18mo |
| $100 | $921,991 | 92.20% | 13mo |
| $125 | $1,225,397 | 122.54% | 10mo |
| $150 | $1,528,803 | 152.88% | 8mo |
| $200 | $2,135,616 | 213.56% | 6mo |
Grayed rows are below breakeven. Current hashprice highlighted. All figures before BTC price appreciation.
7-Year Projection
Your hashrate is fixed. The subsidy halves in April 2028, so coins per year halve from that date. Scenarios differ only in the Bitcoin price path.
Your hashrate
Fixed for all seven years
Electricity and insurance fixed per PH. Any year below breakeven pays you zero, not less: Gasbox carries the shortfall under the agreement.
Halving
April 2028
Lands in Year 2. Coins per PH halve from that date.
| Year | BTC that year | BTC (cum.) | Base (cum.) | Bull (cum.) | Base ROI | |
|---|---|---|---|---|---|---|
| Year 1 | ₿ 6.2801 | ₿ 6.2801 | $317,601 | $398,180 | 31.76% | |
| Year 2halving | ₿ 4.7985 | ₿ 11.0786 | $567,233 | $800,148 | 56.72% | |
| Year 3 | ₿ 3.1401 | ₿ 14.2187 | $690,376 | $1,108,532 | 69.04% | |
| Year 4 | ₿ 3.1401 | ₿ 17.3587 | $876,097 | $1,600,639 | 87.61% | |
| Year 5 | ₿ 3.1401 | ₿ 20.4988 | $1,134,288 | $2,334,555 | 113.43% | |
| Year 6 | ₿ 3.1401 | ₿ 23.6389 | $1,476,405 | $3,386,733 | 147.64% | |
| Year 7 | ₿ 3.1401 | ₿ 26.7790 | $1,915,715 | $4,857,800 | 191.57% | |
| Total investment | $1,000,000 | |||||
| Base case, 7 years | ₿ 26.7790 · $1,915,715 · 191.57% | |||||
Hardware assumed to run 7 years. Coins per year = year-1 production, halved from April 2028. Electricity and insurance stay fixed per PH; a year is marked floor when revenue would not cover them, and pays zero. Scenarios differ only in BTC price. Fees ignored. Not a guarantee of future performance.
Payback Period
How long until your investment is fully recovered
Annual Recovery
$237,021
Monthly Recovery
$19,752
With BTC Appreciation (50% of 7-yr CAGR)
Flat Price Payback
51 mo
BTC at today's price
Appreciation Payback
20 mo
BTC at ~15.8%/yr (50% of 7-yr CAGR)
Appreciation scenario uses 50% of the 7-year CAGR (~15.8%/yr).