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Glossary · Profitability & Economics

Break-even electricity price

Also: breakeven electricity price, break-even power price

The break-even electricity price is the highest cost per kilowatt-hour at which a specific machine's daily mining revenue still covers its daily power cost, so a miner paying more than that figure loses money on every kilowatt-hour.

Hashprice
Hashprice is the expected daily mining revenue per unit of hashrate, usually quoted in dollars per terahash per second per day, and it rises with the bitcoin price and transaction fees and falls as network difficulty grows.
Joules per terahash
Joules per terahash (J/TH) is the efficiency measure for a mining machine, equal to its power draw in watts divided by its hashrate in TH/s, so a lower figure means less electricity for the same expected revenue.
Payback period
The payback period is the time it takes a machine's cumulative operating profit to repay its purchase and setup cost under stated assumptions about price, difficulty and electricity, and it has no meaning when the machine runs at a loss.

Guides that explain Break-even electricity price

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