Bitcoin trades at $80,294. We mine it at $52,468, 35% 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.
Projected Annual Net Payout
Upfront Cost
$1.00M
Avg. Monthly Payout · Year 1
$15,706
Miners purchased
116
Cash-on-Cash Return · Year 1
18.85%
Cost per PH
Electricity Rate
Power Consumed
0.65 MW
Efficiency
13 J/TH
Year 1 · selected scenario
From mining revenue to customer payout
Revenue minus operating expenses, then the 70 / 30 profit split. These figures match the annual payout and cash-on-cash return above.
Scenario assumptions
Annual payouts and payback use this setting, starting at 0%. The seven-year ownership view separately uses eight-year historical price and difficulty growth.
Cash-on-cash = customer payout ÷ upfront hardware investment. Revenue and expenses include 95% uptime. Payouts are valued when earned; appreciation of previously paid Bitcoin is excluded here.
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.
Mine. Accumulate. Hold.
Seven years of Bitcoin ownership
Start with your current annual net Bitcoin payout, then adjust future production for difficulty and halvings. Price appreciation determines the value of your accumulated Bitcoin.
Eight-year historical compounded growth · 2018-10-11 to 2026-10-13. Separate from the current-year payout overview.
Simplified accumulation scenario: assumes today's net payout margin continues. Future operating losses, shutdowns and equipment changes are not modeled.
Bitcoin holdings · Year 7
$3,766,672
Value of net BTC payouts held
Net Bitcoin accumulated
₿ 5.0128
After power, insurance and Gasbox's share
Holdings / initial investment
3.77×
Initial hardware investment: $1,000,000
| Year | Net BTC earned | BTC held | BTC price | Holdings value | Value / investment |
|---|---|---|---|---|---|
| Year 1 | 2.3455 | 2.3455 | $110,588 | $259,389 | 0.26× |
| Year 2HALVING EST. | 1.2077 | 3.5532 | $152,196 | $540,790 | 0.54× |
| Year 3 | 0.5713 | 4.1246 | $209,459 | $863,929 | 0.86× |
| Year 4 | 0.3988 | 4.5233 | $288,266 | $1,303,928 | 1.30× |
| Year 5 | 0.2783 | 4.8017 | $396,724 | $1,904,941 | 1.90× |
| Year 6HALVING EST. | 0.1433 | 4.9450 | $545,989 | $2,699,908 | 2.70× |
| Year 7 | 0.0678 | 5.0128 | $751,413 | $3,766,672 | 3.77× |
Capital recovery
Payback using your scenario
Same 0% BTC appreciation and 0% difficulty growth as the annual payout overview. The seven-year view is a separate historical-growth scenario.
BTC holdings cover initial investment
Not reached in 7 years
Net BTC held, valued at that month's scenario price
Cash recovery if payouts are sold
Not reached in 7 years
Cumulative net payouts valued when earned
Flat-price comparison
Not reached in 7 years
0% BTC appreciation; same costs, difficulty and halvings
Held-BTC payback is a modeled asset-value threshold, not realized cash recovery. Both calculations use net payouts after operating costs and Gasbox's share. Hardware resale and taxes are excluded.
Frequently asked questions
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.