Is home Bitcoin mining profitable in 2026?

By DirectPool. Published
Short answer

Home Bitcoin mining is usually not profitable in 2026. One TH/s earns about 48 sats a day at October 2026 difficulty, and the efficient Bitaxe Gamma only breaks even below about $0.11 per kWh. US homes averaged 18.3 cents per kWh in July 2026, so most home miners lose money unless their heat is useful.

Income per TH/s
~48 sats/day
US home power
18.31 ¢/kWh
EU home power
€0.29/kWh
Gamma break-even
~$0.11/kWh

Is home Bitcoin mining profitable in 2026?

For most homes, no. A miner earns a fixed amount per terahash that depends on the network, and pays for electricity at your household rate. At the difficulty and price on 2026-10-05, one terahash per second earns about 48 sats a day, roughly $0.041. That income only beats the power bill when electricity is cheap and the miner is efficient.

The average US home paid 18.31 cents per kWh in July 2026, according to the US Energy Information Administration. The EU household average was €0.2896 per kWh in the second half of 2025, according to Eurostat. At those prices, almost every miner below runs at a loss.

What electricity price does each miner need to break even?

MinerIncome per yearPower per year at $0.15/kWhBreak-even electricity price
Lucky Miner LV06$7$18$0.061 per kWh
Bitaxe Gamma$18$24$0.113 per kWh
NerdQAxe++$71$100$0.107 per kWh
Avalon Nano 3S$89$184$0.073 per kWh
Avalon Mini 3$559$1,052$0.080 per kWh
Antminer S9 (used)$201$1,775$0.017 per kWh
Antminer S19 series (used)$1,415$4,273$0.050 per kWh
Antminer S21$2,979$4,602$0.097 per kWh

Income is the average a fair pool would pay after a 1% fee, at $86,431 per bitcoin. It does not include the price of the miner. Below the break-even price the miner covers its electricity; above it, every day costs money. The odds calculator shows the same income with live numbers.

How long does a miner take to pay for itself?

Even below the break-even price, the miner has to earn back what you paid for it. Take a Bitaxe Gamma bought for $150 and run on cheap $0.08 per kWh power. It earns about $17.87 a year and uses about $12.62 of electricity, leaving about $5.25 a year. At that rate, paying back $150 takes about 29 years, far longer than the device will stay competitive. A higher bitcoin price shortens that; rising difficulty lengthens it.

How do you work out your own numbers?

  1. Find your electricity price per kWh on your bill, including taxes and fixed fees spread over usage.
  2. Look up your miner's hashrate and power on its miner page.
  3. Multiply power in kW by 8,766 hours to get kWh per year, then by your price.
  4. Compare with the income in the odds calculator, which uses live difficulty and price.

Why do home miners struggle to make money?

  1. Electricity price. Large mining sites buy power on industrial contracts. The EIA's US industrial average for July 2026 was 9.77 cents per kWh, about half the residential price, and big miners often negotiate lower.
  2. Efficiency. Small miners are getting better: a Bitaxe Gamma runs at about 15 J/TH. Older machines like the Antminer S9 use about 100 J/TH and cannot compete.
  3. Difficulty keeps rising. When more hashrate joins the network, everyone's share of each block shrinks. Income per terahash falls unless the bitcoin price rises.
  4. The block subsidy halves. The reward dropped to 3.125 BTC in April 2024 and will halve again, to 1.5625 BTC, around 2028.

Does using the heat change the math?

Yes, in winter. A miner turns all its electricity into heat, exactly like an electric heater of the same wattage. If you already heat a room with electric resistance heaters, a miner replaces some of that heating, and its mining income is a discount on heat you were buying anyway. An Avalon Nano 3S at 140 W or an Avalon Mini 3 at 800 W are built for this.

The argument is weaker if you heat with a heat pump or gas, which deliver more heat per unit of cost than resistance heating. In summer, the heat is waste and may add to cooling costs.

What about solar power?

Solar electricity is not free: if you could sell it to the grid or use it in the house, that value is what a miner costs you. Mining makes the most sense with surplus solar that would otherwise be curtailed or exported for very little. A small miner like a Bitaxe Gamma at 15 to 20 W is easy to run from surplus during the day, but it earns very little in absolute terms.

Why do people mine at home anyway?

  • Learning. Running a miner teaches how Bitcoin mining really works.
  • Supporting decentralisation. Hashrate spread across many homes and smaller pools makes it harder for a few large pools to control which transactions get mined.
  • Non-KYC sats. Mined bitcoin arrives at your address without an exchange account.
  • The lottery. A small chance at a full block. See Can a Bitaxe find a block? for the real odds.
  • Heat. Useful in winter, as above.

What does this mean on DirectPool?

DirectPool does not change the math: no pool can pay more than the work is worth on average. What it changes is how you are paid. Rewards go straight to your address inside each block the pool finds, with a 1% fee and a 7-day PPLNS window. DirectPool is small, so blocks are irregular, and balances under 10,000 sats wait for a later block. Read how PPLNS works and check the live payout list on the verify page.

Careful: do not run large miners on a household circuit without checking it. A circuit should carry no more than 80% of its rating for continuous loads: 12 A on a 15 A, 120 V circuit, about 1,440 W. Full-size ASICs need a dedicated circuit installed by an electrician.

Q

Questions

Is a Bitaxe profitable?
Only on cheap electricity. A Bitaxe Gamma breaks even at roughly $0.11 per kWh at October 2026 difficulty, before counting the price of the device.
How much does a home Bitcoin miner earn per day?
About 48 sats per TH/s per day at October 2026 difficulty. A 1.2 TH/s Bitaxe Gamma averages about 57 sats a day before fees.
What electricity price makes Bitcoin mining profitable?
For efficient miners around 15 to 18 J/TH, roughly $0.10 to $0.11 per kWh or less. Older, less efficient machines need far cheaper power.
Is mining with an Antminer S9 still worth it?
Almost never. At about 100 J/TH it only breaks even with electricity under about 2 cents per kWh.
Can a Bitcoin miner replace a heater?
Yes. Every watt becomes heat, so a 140 W miner heats like a 140 W electric heater, and its mining income offsets part of the cost.
Will mining be more profitable after the next halving?
Not by itself. The halving cuts the subsidy in half, around 2028. Only a higher bitcoin price or lower difficulty would offset that.
Does the pool affect profitability?
Only through fees and payment rules. On average, no pool can pay more than the work is worth. DirectPool charges 1%.
S

Sources

  1. US EIA: Electric Power Monthly, Table 5.6.A (average price by state, July 2026)https://www.eia.gov/electricity/monthly/epm_table_grapher.php?t=epmt_5_6_a, checked 2026-10-05
  2. Eurostat: electricity price statistics (households, second half 2025)https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Electricity_price_statistics, checked 2026-10-05
  3. mempool.space: current difficulty and hashratehttps://mempool.space/mining, checked 2026-10-05
  4. Bitcoin Wiki: controlled supply and halving schedulehttps://en.bitcoin.it/wiki/Controlled_supply, checked 2026-10-05
  5. bitaxe.de: Bitaxe Gamma 601 product pagehttps://bitaxe.de/en/product/bitaxe-gamma-601, checked 2026-10-05

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