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Home / The Cost of Bitcoin Mining: What It Really Costs to Run Popular Home Miners

The Cost of Bitcoin Mining: What It Really Costs to Run Popular Home Miners

Home Bitcoin mining used to feel like a dark art — loud, technical, and full of trial-and-error. Today, it’s far more accessible.

One key thing to understand about the cost of bitcoin mining is simple: a miner is effectively 100% heat-efficient. If a Bitcoin miner draws 25W (like a Bitaxe, for example), it produces roughly 25W of heat. Wattage is wattage — and wattage costs.

Electricity is billed in kWh (kilowatt-hours). That’s the amount of energy used when you run 1,000 watts for one hour. So a 25W miner uses 0.025 kWh per hour — and your cost depends on your £/kWh rate.

Modern home mining is less “technical headache” and more hands-on Bitcoin: learning the stack, supporting decentralisation, and sometimes turning electricity into genuinely useful heat — with stacking sats as a bonus. Below, we’ll break down the cost to run common home miners, and explain how to choose between solo mining vs pool mining (and what that actually means).

Note: a “sat” (satoshi) is a tiny fraction of a bitcoin.


A few contenders for home mining…

Cost of bitcoin mining with a 25W Bitaxe home miner

Bitaxe • 25W

Always-on desk mining. Quiet, affordable to run, brilliant for learning.

Typical: 1.2 TH/s • ~20.8 W/TH

View Bitaxe options →

Cost of bitcoin mining with a 90W NerdQaxe++ home miner

NerdQaxe++ • 90W

Tinkerer sweet spot. More hashrate, still home-friendly.

Typical: ~5 TH/s • ~18.0 W/TH


View NerdQaxe++ →

Cost of bitcoin mining with a 140W Nano 3S Bitcoin mining heater

Nano 3S • 140W

Heater-mode. If you’re heating a room anyway, this power can be genuinely useful. Ranges from 60W–140W.

Typical: ~6 TH/s • ~23.3 W/TH

View Nano 3S →


The simple maths on the cost of bitcoin mining

Electricity cost is just watts, time, and your price per kWh:

Daily cost = (Watts ÷ 1000) × Hours per day × Price per kWh
Monthly cost ≈ Daily cost × 30

UK tip: Enter your unit rate as pounds, e.g. 0.28 for 28p/kWh.


Quick running-cost examples (24/7)

Electricity-only examples at three common power levels.

PowerkWh/day£0.15/kWh£0.25/kWh£0.35/kWh
25W0.60£2.70/mo£4.50/mo£6.30/mo
90W2.16£9.72/mo£16.20/mo£22.68/mo
140W3.36£15.12/mo£25.20/mo£35.28/mo

Power + hashrate calculator (includes W/TH)

Enter your tariff, then add power and hashrate to see running cost and efficiency (W/TH, same numeric value as J/TH).

W/TH
J/TH
kWh/day
Cost/day
Cost/month
Cost/year

Solo vs pool

Solo mining is the tiny-chance, big-story path — a daily lottery ticket that keeps you engaged and makes mining feel alive. It’s an “all or nothing” approach. (solohash.co.uk is a UK hosted solo mining server that comes highly recommended). The more hashrate you have, the higher your chances of solo mining that elusive Bitcoin block.

Pool mining is steady bitcoin return, (aka “stacking sats”) and steady feedback — great if you like measurable progress and a simple stacking routine (and for some, a practical route to sats without relying on an exchange). Check out www.ocean.xyz for example.
The more hashrate you have, the higher your daily earnings.

Bottom line

Home mining should be a blend of quiet utility, learning, heat reuse, and beauty. Choose the kind of Bitcoin experience you want — the solo-mining dream, steady sat stacking rewards from a pool, or simply supporting the network with hardware that belongs in your home.
The cost of bitcoin mining matters most when you understand your kWh rate.

Cost of bitcoin mining with the Bitaxe Gamma “Angel Share” home miner
The Bitaxe Gamma “Angel Share” – White and Mirror accents, as designed by ‘I Am GPIO‘ of www.thesolomining.co

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