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Best Bitcoin Miners Under $500

High value mining hardware that will not break the bank.

BTC: $63,143 | Difficulty: 138.96T

You do not need thousands of dollars to start mining Bitcoin. These miners all cost under $500 and deliver real hashrate. Ranked by efficiency (watts per terahash) — because at a lower budget, every watt counts more.

By the Numbers

125 miners in our database qualify for this list under the page's filter criteria. Efficiency spans 10.5 to 869.6 J/TH — the Bitmain Antminer Z11 is the most power-efficient of the group. The quietest pick here is the Iceriver RXD RX0 at 10 dB. At a $0.0735/kWh rate, the Bitmain Antminer Z11 posts the strongest daily profit at $1.36/day. For heat output, the Canaan AvalonMiner 1246 tops the list at 11,669 BTU/hr — enough to heat ~375 sq ft.

$ /kWh
Quebec default: $0.0735/kWh

Quick Rankings

Rank Miner Efficiency (J/TH) Price
1 Bitmain Antminer Z11 10.5 J/TH $200 Details ↓
2 Bitaxe Gamma 12.5 J/TH $99 Details ↓
3 Bitaxe GT 15.0 J/TH $499 Details ↓
4 Bitaxe Supra 21.4 J/TH $89 Details ↓
5 Bitmain Antminer S19 XP (134Th/s) 21.5 J/TH $483 Details ↓

Showing top 5 of 125 qualifying miners. Scroll down for full details.

Sort by:
1

Ranks #1 for a sub-$500 budget: $200 at 10.5 J/TH.

Hashrate
135.0 Ksol/s
Power
1,418W
Efficiency
10.5 J/TH
Noise
N/A
BTU Output
4,838 BTU/hr
Price
$200

Daily Profitability

Revenue $3.86
Power Cost $2.50
Net Profit +$1.36
at $0.0735/kWh
31 Home Mining Score
2

Bitaxe Gamma

D-Central

Ranks #2 for a sub-$500 budget: $99 at 12.5 J/TH.

Hashrate
1.20 TH/s
Power
15W
Efficiency
12.5 J/TH
Noise
38 dB
BTU Output
51 BTU/hr
Price
$99

Daily Profitability

Revenue $0.03
Power Cost $0.03
Net Profit +$0.01
at $0.0735/kWh
70 Home Mining Score
3

Bitaxe GT

D-Central

Ranks #3 for a sub-$500 budget: $499 at 15.0 J/TH.

Hashrate
5.00 TH/s
Power
75W
Efficiency
15.0 J/TH
Noise
42 dB
BTU Output
256 BTU/hr
Price
$499

Daily Profitability

Revenue $0.14
Power Cost $0.13
Net Profit +$0.01
at $0.0735/kWh
64 Home Mining Score
5

Ranks #5 for a sub-$500 budget: $483 at 21.5 J/TH.

Hashrate
134.0 TH/s
Power
2,881W
Efficiency
21.5 J/TH
Noise
N/A
BTU Output
9,830 BTU/hr
Price
$483

Daily Profitability

Revenue $3.83
Power Cost $5.08
Net Profit $-1.25
at $0.0735/kWh
22 Home Mining Score
6

StealthMiner

D-Central

Ranks #6 for a sub-$500 budget: $199 at 22.5 J/TH.

Hashrate
800.0 GH/s
Power
18W
Efficiency
22.5 J/TH
Noise
28 dB
BTU Output
61 BTU/hr
Price
$199

Daily Profitability

Revenue $0.02
Power Cost $0.03
Net Profit $-0.01
at $0.0735/kWh
70 Home Mining Score
7

Ranks #7 for a sub-$500 budget: $313 at 23.0 J/TH.

Hashrate
120.0 TH/s
Power
2,760W
Efficiency
23.0 J/TH
Noise
75 dB
BTU Output
9,417 BTU/hr
Price
$313

Daily Profitability

Revenue $3.43
Power Cost $4.87
Net Profit $-1.44
at $0.0735/kWh
36 Home Mining Score
8

Ranks #8 for a sub-$500 budget: $145 at 23.3 J/TH.

Hashrate
6.00 TH/s
Power
140W
Efficiency
23.3 J/TH
Noise
30 dB
BTU Output
478 BTU/hr
Price
$145

Daily Profitability

Revenue $0.17
Power Cost $0.25
Net Profit $-0.08
at $0.0735/kWh
65 Home Mining Score
9

NerdAxe

D-Central

Ranks #9 for a sub-$500 budget: $69 at 24.0 J/TH.

Hashrate
500.0 GH/s
Power
12W
Efficiency
24.0 J/TH
Noise
30 dB
BTU Output
41 BTU/hr
Price
$69

Daily Profitability

Revenue $0.01
Power Cost $0.02
Net Profit $-0.01
at $0.0735/kWh
70 Home Mining Score
10

NerdNOS

D-Central

Ranks #10 for a sub-$500 budget: $59 at 24.0 J/TH.

Hashrate
500.0 GH/s
Power
12W
Efficiency
24.0 J/TH
Noise
30 dB
BTU Output
41 BTU/hr
Price
$59

Daily Profitability

Revenue $0.01
Power Cost $0.02
Net Profit $-0.01
at $0.0735/kWh
70 Home Mining Score
11

Ranks #11 for a sub-$500 budget: $398 at 29.5 J/TH.

Hashrate
104.0 TH/s
Power
3,068W
Efficiency
29.5 J/TH
Noise
N/A
BTU Output
10,468 BTU/hr
Price
$398

Daily Profitability

Revenue $2.97
Power Cost $5.41
Net Profit $-2.44
at $0.0735/kWh
22 Home Mining Score
12

Ranks #12 for a sub-$500 budget: $360 at 29.5 J/TH.

Hashrate
110.0 TH/s
Power
3,250W
Efficiency
29.5 J/TH
Noise
N/A
BTU Output
11,089 BTU/hr
Price
$360

Daily Profitability

Revenue $3.14
Power Cost $5.73
Net Profit $-2.59
at $0.0735/kWh
22 Home Mining Score
13

Bitaxe Ultra

D-Central

Ranks #13 for a sub-$500 budget: $79 at 30.0 J/TH.

Hashrate
500.0 GH/s
Power
15W
Efficiency
30.0 J/TH
Noise
35 dB
BTU Output
51 BTU/hr
Price
$79

Daily Profitability

Revenue $0.01
Power Cost $0.03
Net Profit $-0.01
at $0.0735/kWh
70 Home Mining Score
14

Bitaxe Hex

D-Central

Ranks #14 for a sub-$500 budget: $399 at 30.0 J/TH.

Hashrate
3.00 TH/s
Power
90W
Efficiency
30.0 J/TH
Noise
45 dB
BTU Output
307 BTU/hr
Price
$399

Daily Profitability

Revenue $0.09
Power Cost $0.16
Net Profit $-0.07
at $0.0735/kWh
64 Home Mining Score
15

NerdQAxe++

D-Central

Ranks #15 for a sub-$500 budget: $349 at 30.0 J/TH.

Hashrate
4.00 TH/s
Power
120W
Efficiency
30.0 J/TH
Noise
42 dB
BTU Output
409 BTU/hr
Price
$349

Daily Profitability

Revenue $0.11
Power Cost $0.21
Net Profit $-0.10
at $0.0735/kWh
58 Home Mining Score
16

PiAxe

D-Central

Ranks #16 for a sub-$500 budget: $79 at 30.0 J/TH.

Hashrate
500.0 GH/s
Power
15W
Efficiency
30.0 J/TH
Noise
30 dB
BTU Output
51 BTU/hr
Price
$79

Daily Profitability

Revenue $0.01
Power Cost $0.03
Net Profit $-0.01
at $0.0735/kWh
70 Home Mining Score
17

Ranks #17 for a sub-$500 budget: $150 at 30.0 J/TH.

Hashrate
10.0 Ksol/s
Power
300W
Efficiency
30.0 J/TH
Noise
N/A
BTU Output
1,024 BTU/hr
Price
$150

Daily Profitability

Revenue $0.29
Power Cost $0.53
Net Profit $-0.24
at $0.0735/kWh
34 Home Mining Score
18

Ranks #18 for a sub-$500 budget: $496 at 30.0 J/TH.

Hashrate
110.0 TH/s
Power
3,300W
Efficiency
30.0 J/TH
Noise
N/A
BTU Output
11,260 BTU/hr
Price
$496

Daily Profitability

Revenue $3.14
Power Cost $5.82
Net Profit $-2.68
at $0.0735/kWh
22 Home Mining Score
19

Ranks #19 for a sub-$500 budget: $215 at 34.2 J/TH.

Hashrate
95.0 TH/s
Power
3,250W
Efficiency
34.2 J/TH
Noise
N/A
BTU Output
11,089 BTU/hr
Price
$215

Daily Profitability

Revenue $2.71
Power Cost $5.73
Net Profit $-3.02
at $0.0735/kWh
22 Home Mining Score
20

Ranks #20 for a sub-$500 budget: $405 at 36.1 J/TH.

Hashrate
90.0 TH/s
Power
3,250W
Efficiency
36.1 J/TH
Noise
N/A
BTU Output
11,089 BTU/hr
Price
$405

Daily Profitability

Revenue $2.57
Power Cost $5.73
Net Profit $-3.16
at $0.0735/kWh
22 Home Mining Score
21

Ranks #21 for a sub-$500 budget: $179 at 37.5 J/TH.

Hashrate
84.0 TH/s
Power
3,150W
Efficiency
37.5 J/TH
Noise
N/A
BTU Output
10,748 BTU/hr
Price
$179

Daily Profitability

Revenue $2.40
Power Cost $5.56
Net Profit $-3.16
at $0.0735/kWh
22 Home Mining Score
22

Ranks #22 for a sub-$500 budget: $241 at 38.0 J/TH.

Hashrate
90.0 TH/s
Power
3,420W
Efficiency
38.0 J/TH
Noise
N/A
BTU Output
11,669 BTU/hr
Price
$241

Daily Profitability

Revenue $2.57
Power Cost $6.03
Net Profit $-3.46
at $0.0735/kWh
22 Home Mining Score
23

Ranks #23 for a sub-$500 budget: $413 at 39.5 J/TH.

Hashrate
50.0 TH/s
Power
1,975W
Efficiency
39.5 J/TH
Noise
N/A
BTU Output
6,739 BTU/hr
Price
$413

Daily Profitability

Revenue $1.43
Power Cost $3.48
Net Profit $-2.06
at $0.0735/kWh
28 Home Mining Score
24

NerdQAxe

D-Central

Ranks #24 for a sub-$500 budget: $249 at 40.0 J/TH.

Hashrate
2.00 TH/s
Power
80W
Efficiency
40.0 J/TH
Noise
40 dB
BTU Output
273 BTU/hr
Price
$249

Daily Profitability

Revenue $0.06
Power Cost $0.14
Net Profit $-0.08
at $0.0735/kWh
71 Home Mining Score
25

Ranks #25 for a sub-$500 budget: $404 at 42.0 J/TH.

Hashrate
81.0 TH/s
Power
3,400W
Efficiency
42.0 J/TH
Noise
N/A
BTU Output
11,601 BTU/hr
Price
$404

Daily Profitability

Revenue $2.31
Power Cost $6.00
Net Profit $-3.68
at $0.0735/kWh
22 Home Mining Score
26

Ranks #26 for a sub-$500 budget: $91 at 42.4 J/TH.

Hashrate
76.0 TH/s
Power
3,220W
Efficiency
42.4 J/TH
Noise
N/A
BTU Output
10,987 BTU/hr
Price
$91

Daily Profitability

Revenue $2.17
Power Cost $5.68
Net Profit $-3.51
at $0.0735/kWh
22 Home Mining Score
27

Ranks #27 for a sub-$500 budget: $274 at 45.0 J/TH.

Hashrate
53.0 TH/s
Power
2,385W
Efficiency
45.0 J/TH
Noise
N/A
BTU Output
8,138 BTU/hr
Price
$274

Daily Profitability

Revenue $1.51
Power Cost $4.21
Net Profit $-2.69
at $0.0735/kWh
26 Home Mining Score
28

Ranks #28 for a sub-$500 budget: $413 at 45.0 J/TH.

Hashrate
56.0 TH/s
Power
2,520W
Efficiency
45.0 J/TH
Noise
N/A
BTU Output
8,598 BTU/hr
Price
$413

Daily Profitability

Revenue $1.60
Power Cost $4.45
Net Profit $-2.85
at $0.0735/kWh
22 Home Mining Score
29

Ranks #29 for a sub-$500 budget: $66 at 49.4 J/TH.

Hashrate
68.0 TH/s
Power
3,360W
Efficiency
49.4 J/TH
Noise
N/A
BTU Output
11,464 BTU/hr
Price
$66

Daily Profitability

Revenue $1.94
Power Cost $5.93
Net Profit $-3.98
at $0.0735/kWh
22 Home Mining Score
30

Ranks #30 for a sub-$500 budget: $75 at 50.0 J/TH.

Hashrate
64.0 TH/s
Power
3,200W
Efficiency
50.0 J/TH
Noise
N/A
BTU Output
10,918 BTU/hr
Price
$75

Daily Profitability

Revenue $1.83
Power Cost $5.64
Net Profit $-3.82
at $0.0735/kWh
22 Home Mining Score
31

iPollo B1L

iPollo

Ranks #31 for a sub-$500 budget: $430 at 51.7 J/TH.

Hashrate
58.0 TH/s
Power
3,000W
Efficiency
51.7 J/TH
Noise
N/A
BTU Output
10,236 BTU/hr
Price
$430

Daily Profitability

Revenue $1.66
Power Cost $5.29
Net Profit $-3.64
at $0.0735/kWh
22 Home Mining Score
32

Ranks #32 for a sub-$500 budget: $155 at 55.0 J/TH.

Hashrate
40.0 TH/s
Power
2,200W
Efficiency
55.0 J/TH
Noise
N/A
BTU Output
7,506 BTU/hr
Price
$155

Daily Profitability

Revenue $1.14
Power Cost $3.88
Net Profit $-2.74
at $0.0735/kWh
26 Home Mining Score
33

Ranks #33 for a sub-$500 budget: $288 at 58.0 J/TH.

Hashrate
5.00 TH/s
Power
290W
Efficiency
58.0 J/TH
Noise
N/A
BTU Output
989 BTU/hr
Price
$288

Daily Profitability

Revenue $0.14
Power Cost $0.51
Net Profit $-0.37
at $0.0735/kWh
31 Home Mining Score
34

Ranks #34 for a sub-$500 budget: $236 at 80.0 J/TH.

Hashrate
5.00 TH/s
Power
400W
Efficiency
80.0 J/TH
Noise
N/A
BTU Output
1,365 BTU/hr
Price
$236

Daily Profitability

Revenue $0.14
Power Cost $0.71
Net Profit $-0.56
at $0.0735/kWh
34 Home Mining Score
35

Ranks #35 for a sub-$500 budget: $200 at 80.0 J/TH.

Hashrate
30.0 TH/s
Power
2,400W
Efficiency
80.0 J/TH
Noise
N/A
BTU Output
8,189 BTU/hr
Price
$200

Daily Profitability

Revenue $0.86
Power Cost $4.23
Net Profit $-3.38
at $0.0735/kWh
26 Home Mining Score
36

Ranks #36 for a sub-$500 budget: $338 at 80.8 J/TH.

Hashrate
26.0 TH/s
Power
2,100W
Efficiency
80.8 J/TH
Noise
N/A
BTU Output
7,165 BTU/hr
Price
$338

Daily Profitability

Revenue $0.74
Power Cost $3.70
Net Profit $-2.96
at $0.0735/kWh
26 Home Mining Score
37

Ranks #37 for a sub-$500 budget: $278 at 88.5 J/TH.

Hashrate
2.60 TH/s
Power
230W
Efficiency
88.5 J/TH
Noise
N/A
BTU Output
785 BTU/hr
Price
$278

Daily Profitability

Revenue $0.07
Power Cost $0.41
Net Profit $-0.33
at $0.0735/kWh
31 Home Mining Score
38

Ranks #38 for a sub-$500 budget: $350 at 91.7 J/TH.

Hashrate
12.0 TH/s
Power
1,100W
Efficiency
91.7 J/TH
Noise
65 dB
BTU Output
3,753 BTU/hr
Price
$350

Daily Profitability

Revenue $0.34
Power Cost $1.94
Net Profit $-1.60
at $0.0735/kWh
52 Home Mining Score
40

Ranks #40 for a sub-$500 budget: $65 at 93.1 J/TH.

Hashrate
14.5 TH/s
Power
1,350W
Efficiency
93.1 J/TH
Noise
N/A
BTU Output
4,606 BTU/hr
Price
$65

Daily Profitability

Revenue $0.41
Power Cost $2.38
Net Profit $-1.97
at $0.0735/kWh
31 Home Mining Score
41

Ranks #41 for a sub-$500 budget: $65 at 94.3 J/TH.

Hashrate
14.0 TH/s
Power
1,320W
Efficiency
94.3 J/TH
Noise
N/A
BTU Output
4,504 BTU/hr
Price
$65

Daily Profitability

Revenue $0.40
Power Cost $2.33
Net Profit $-1.93
at $0.0735/kWh
31 Home Mining Score
43

Ranks #43 for a sub-$500 budget: $349 at 96.4 J/TH.

Hashrate
14.0 TH/s
Power
1,350W
Efficiency
96.4 J/TH
Noise
55 dB
BTU Output
4,606 BTU/hr
Price
$349

Daily Profitability

Revenue $0.40
Power Cost $2.38
Net Profit $-1.98
at $0.0735/kWh
59 Home Mining Score
44

Ranks #44 for a sub-$500 budget: $65 at 98.0 J/TH.

Hashrate
11.5 TH/s
Power
1,127W
Efficiency
98.0 J/TH
Noise
N/A
BTU Output
3,845 BTU/hr
Price
$65

Daily Profitability

Revenue $0.33
Power Cost $1.99
Net Profit $-1.66
at $0.0735/kWh
31 Home Mining Score
45

Ranks #45 for a sub-$500 budget: $65 at 98.0 J/TH.

Hashrate
12.5 TH/s
Power
1,225W
Efficiency
98.0 J/TH
Noise
N/A
BTU Output
4,180 BTU/hr
Price
$65

Daily Profitability

Revenue $0.36
Power Cost $2.16
Net Profit $-1.80
at $0.0735/kWh
31 Home Mining Score
46

Ranks #46 for a sub-$500 budget: $65 at 98.0 J/TH.

Hashrate
13.5 TH/s
Power
1,323W
Efficiency
98.0 J/TH
Noise
N/A
BTU Output
4,514 BTU/hr
Price
$65

Daily Profitability

Revenue $0.39
Power Cost $2.33
Net Profit $-1.95
at $0.0735/kWh
31 Home Mining Score
47

Ranks #47 for a sub-$500 budget: $65 at 98.0 J/TH.

Hashrate
14.0 TH/s
Power
1,372W
Efficiency
98.0 J/TH
Noise
N/A
BTU Output
4,681 BTU/hr
Price
$65

Daily Profitability

Revenue $0.40
Power Cost $2.42
Net Profit $-2.02
at $0.0735/kWh
31 Home Mining Score
48

Ranks #48 for a sub-$500 budget: $65 at 98.5 J/TH.

Hashrate
13.0 TH/s
Power
1,280W
Efficiency
98.5 J/TH
Noise
N/A
BTU Output
4,367 BTU/hr
Price
$65

Daily Profitability

Revenue $0.37
Power Cost $2.26
Net Profit $-1.89
at $0.0735/kWh
31 Home Mining Score
49

Ranks #49 for a sub-$500 budget: $65 at 100.0 J/TH.

Hashrate
13.0 TH/s
Power
1,300W
Efficiency
100.0 J/TH
Noise
N/A
BTU Output
4,436 BTU/hr
Price
$65

Daily Profitability

Revenue $0.37
Power Cost $2.29
Net Profit $-1.92
at $0.0735/kWh
31 Home Mining Score
50

Goldshell KD-BOX

Goldshell

Ranks #50 for a sub-$500 budget: $330 at 128.1 J/TH.

Hashrate
1.60 TH/s
Power
205W
Efficiency
128.1 J/TH
Noise
N/A
BTU Output
699 BTU/hr
Price
$330

Daily Profitability

Revenue $0.05
Power Cost $0.36
Net Profit $-0.32
at $0.0735/kWh
31 Home Mining Score

Methodology

Miners are ranked by Efficiency (J/TH) (lowest first). Profitability is calculated server-side using live BTC price and network difficulty, with a default electricity rate of $0.0735/kWh (Quebec average). Daily revenue uses the standard formula: (hashrate x 10^12 x 86,400 x block_reward) / (difficulty x 2^32). You can adjust the electricity rate above to recalculate profitability for your location.

All data comes from our ASIC Miner Database. Scores, specs, and profitability update automatically. Only miners meeting this page's filter criteria are shown.

Frequently Asked Questions

What is the best Bitcoin miner under $500?

It depends on your goals. For solo mining, the Bitaxe Supra offers the best experience. For used ASICs, refurbished S9s and S17s can be found under $500 with much higher hashrate.

Are cheap Bitcoin miners worth it?

Budget miners are worth it for learning, supporting network decentralization, and dual-purpose heating. They may not be the most profitable per dollar, but they provide real mining experience.

Can I mine Bitcoin for free with cheap hardware?

Mining always costs electricity. However, if you use the miner as a heater, you offset heating costs dollar-for-dollar. The net cost of mining can approach zero in cold climates.

Should I buy a used ASIC miner?

Used ASICs can be great value, but inspect carefully for damaged hashboards, fan issues, and firmware problems. D-Central offers ASIC repair services and sells tested refurbished units.

What ongoing costs should I budget for?

Electricity is the main ongoing cost. Budget for your local rate times 24/7 operation. Also consider replacement fans ($10-30 each) and occasional dust cleaning supplies.

How many miners qualify for this list, and which ranks first?

125 miners currently meet this page's criteria. The Bitmain Antminer Z11 ranks first by efficiency (j/th). Rankings recompute automatically as our ASIC Miner Database is updated, so this list stays current.

How much does efficiency vary across these miners?

Efficiency on this list ranges from 10.5 J/TH to 869.6 J/TH. Lower J/TH means less electricity per unit of hashrate — at scale, that gap compounds into a meaningful difference in your monthly power bill.

ASIC Miner Database

Browse all 108+ miners with live profitability data, specs, and filtering. The most comprehensive Bitcoin miner database available.

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Profitability Calculator

Enter your miner specs and electricity rate for a detailed profitability breakdown with live BTC price and difficulty.

Calculate Profit

Rankings update automatically with live market data. Profitability estimates use current BTC price and network difficulty and do not account for pool fees, hardware degradation, or price changes. Not financial advice. Electricity rate default is Quebec residential ($0.0735/kWh).