Is Crypto Mining Profitable in 2026?
Updated May 2026 · Based on live data from 1231 mining rigs
The Short Answer
Yes, but only with the right hardware and electricity rate. Out of 1231 mining rigs we track, 228 are currently profitable at $0.10/kWh. That's 19% of all hardware on the market.
Top 5 Most Profitable Miners Right Now
| Miner | Profit /day |
|---|---|
| $39.05 | |
| $33.04 | |
| $28.16 | |
| $28.16 | |
| $22.87 |
What Determines Mining Profitability?
Four factors determine whether a mining rig makes or loses money:
Measured in joules per terahash (j/TH). Lower is better. The most efficient ASICs use 15-20 j/TH; older models use 50-100+ j/TH. Efficient hardware earns more per watt of electricity consumed.
The #1 variable. At $0.03-0.05/kWh (industrial), almost everything is profitable. At $0.10-0.15/kWh (residential), only top-tier hardware works. Above $0.20/kWh, mining is a losing proposition.
As more miners join, difficulty rises and each miner's share of rewards shrinks. Difficulty has historically grown 30-50% per year for Bitcoin.
Higher prices = more USD revenue per coin mined. Price and difficulty tend to correlate — bull markets attract more miners, increasing difficulty.