Mining Lab · Miners · Mexico
Household electricity in Mexico costs 10.4 cents per kilowatt-hour. That is rank 18 of 69 in Europe. What it means for a mining machine is below.
At 10.4 cents, 31 of the 126 machines pay off. That puts Mexico among the few countries in Europe where mining works at all on an ordinary meter. The business tariff of 12.1 cents looks different: there, 10 machines pay off.
| Model | TH/s | J/TH | Net/day | Break-even |
|---|---|---|---|---|
| Antminer S23 Hyd 3U | 1,160 | 9.5 | +11.86 € | 14.9 ct |
| SealMiner A4 Ultra Hyd | 886 | 9.4 | +9.17 € | 15.0 ct |
| Antminer S23e Hyd 2U | 865 | 10.0 | +7.76 € | 14.1 ct |
| Antminer S23 XP Hyd | 600 | 8.9 | +7.03 € | 15.9 ct |
| Antminer S23 Hydro | 563 | 10.0 | +5.05 € | 14.1 ct |
| SealMiner A4 Pro Hydro | 680 | 10.9 | +4.58 € | 13.0 ct |
| Antminer S21 XP+ Hyd | 500 | 11.0 | +3.18 € | 12.8 ct |
| SealMiner A4 Pro Air | 336 | 10.9 | +2.26 € | 13.0 ct |
This figure is the pure electricity input needed to earn one whole bitcoin through the network, calculated with the most efficient machine in the comparison and the tariff above. Hardware, cooling, staff and downtime are not in it. If it sits above the bitcoin price, mining costs more than the result is worth.
Within Europe more than forty cents separate the cheapest household tariff from the dearest. That decides profit and loss far more sharply than any choice of machine. The neighbours by price:
| Electricity price | Household tariff | Business tariff | Rank in Europe |
|---|---|---|---|
| Bosnia | 10.1 ct | 10.6 ct | 16 |
| Turkey | 10.2 ct | 9.6 ct | 17 |
| North Macedonia | 10.4 ct | 11.1 ct | 18 |
| Mexico | 10.4 ct | 12.1 ct | 18 |
| Montenegro | 11.0 ct | 11.6 ct | 20 |
| Albania | 11.2 ct | 11.8 ct | 21 |
| South Korea | 11.3 ct | 10.9 ct | 22 |
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