Bitcoin Mining in New Brunswick
Complete guide to Bitcoin mining in New Brunswick. Electricity at $0.1539/kWh, Cold climate, Mining Score: 55/100. Profitability analysis, recommended hardware, and regulatory overview.
Quick answer
Mining in New Brunswick: residential electricity runs about $0.1539/kWh on a Nuclear (40%) + Hydro (25%) + Natural Gas (20%) grid, in a cold climate (average winter -12°C). D-Central scores New Brunswick 55/100 for mining; profitability, recommended hardware, and winter heat-offset details follow below.
Mining Profitability in New Brunswick
Based on a Antminer S19j Pro (104 TH/s, 3,050W) running 24/7 at the current BTC price and network difficulty.
| Period | Electricity Cost | BTC Revenue | Net Profit / Loss |
|---|---|---|---|
| Daily | $11.27 | $3.30 | $-7.96 |
| Monthly (30 days) | $337.96 | $99.06 | $-238.90 |
| Yearly (365 days) | $4,111.90 | $1,205.29 | $-2,906.61 |
How is revenue calculated?
Daily BTC = (hashrate_TH/s x 10^12 x 86,400 x block_reward) / (difficulty x 2^32). Uses current network difficulty and BTC price. Does not account for pool fees, hardware degradation, or difficulty changes over time.
Heating Offset in New Brunswick
Bitcoin miners convert 100% of electricity to heat. In New Brunswick with 6 heating months per year, your miner doubles as a space heater — offsetting your heating bill.
Over the 6-month heating season in New Brunswick, the heating offset totals approximately $2,027.79 — money you would otherwise spend on electric heating.
Electricity Details — New Brunswick
Recommended Miners for New Brunswick
With higher rates in New Brunswick, small-scale miners like Bitaxe and NerdAxe, or dual-purpose Space Heaters that offset heating costs, are recommended.
Climate Advantage — New Brunswick
New Brunswick has cold winters (-12°C average) with significant snowfall. The 6-month heating season provides good dual-purpose mining value. The province is investing in small modular reactors (SMR) which may affect future energy costs.
Mining Regulations — New Brunswick
New Brunswick rates are above the national average through NB Power (Crown corporation). The Point Lepreau nuclear station provides baseload power. No specific regulations on residential mining. Rates are more moderate than neighboring Nova Scotia.
Bitcoin mining is legal across all Canadian provinces. No province currently has a ban on residential Bitcoin mining. Always check your local municipality for noise bylaws that may affect ASIC miner placement.
Bitcoin Mining in New Brunswick — FAQ
Is Bitcoin mining profitable in New Brunswick?
At the current BTC price and difficulty, a Antminer S19j Pro in New Brunswick at $0.1539/kWh results in approximately -$238.90/month. However, when factoring in the heating offset during New Brunswick's heating season, the net monthly figure becomes $+99.06. Consider more efficient hardware or smaller-scale miners like Bitaxe for better economics.
What electricity rate do I pay for Bitcoin mining in New Brunswick?
The average residential electricity rate in New Brunswick is $0.1539/kWh, provided by NB Power.
What is the best Bitcoin miner for New Brunswick?
With higher rates in New Brunswick, small-scale miners are the way to go. Bitaxe, NerdAxe, and similar open-source miners keep power consumption low while still contributing to network decentralization. Bitcoin Space Heaters are also excellent — the heating offset makes the economics work even at higher rates.
Can I use a Bitcoin miner to heat my home in New Brunswick?
Absolutely. A 3,050W miner produces 10,407 BTU/hr of heat — equivalent to a medium-sized space heater. In New Brunswick with 6 heating months per year, this offsets approximately $337.96/month in heating costs. D-Central offers purpose-built Bitcoin Space Heaters designed for silent, efficient home heating while mining.
Is Bitcoin mining legal in New Brunswick?
Yes, Bitcoin mining is fully legal in New Brunswick and across all Canadian provinces. There are no federal or provincial bans on residential cryptocurrency mining. You may want to check local municipal noise bylaws if running large ASIC miners, as some municipalities have noise restrictions that could apply to louder mining equipment.
Bitcoin Mining in Canada
Compare all 10 provinces side-by-side. Interactive calculator, province rankings, and cost breakdowns.
Canada HubASIC Miner Database
Browse every Bitcoin miner with specs, profitability data, noise levels, and home mining scores.
Miner DatabaseProfitability Calculator
Enter your own miner specs and electricity rate to calculate profitability with real-time BTC price and difficulty.
Calculate ProfitabilityBitcoin mining in New Brunswick: rates, rules & tax
D-Central's Canadian reference layer — each maintained as its own citable dataset or statute-grounded reference. Rates and rules are date-sensitive; verify on the linked page. Tax pages are references, not tax advice.
Electricity Rates for Miners
What a miner actually pays at real load profiles across 12 Canadian and 10 US cities — plus who can get a grid connection.
Compare City RatesIs Mining Legal by Province?
Regulatory and grid-connection status for all 13 provinces and territories — legal Canada-wide; the real constraint is power access.
Rules by ProvinceCost to Mine 1 BTC
All-in production cost per bitcoin at each province's power price and the live network difficulty.
Production CostGST/HST for Miners
Why Excise Tax Act s. 188.2 generally denies input tax credits on mining hardware and electricity. Reference, not tax advice.
GST/HST ReferenceMining Income Tax
Business characterisation, CCA Class 50 at 55%, adjusted cost base and the six-year records clock — each quoted from the Income Tax Act.
Income Tax ReferenceCO₂ per Bitcoin
Grid carbon intensity and tonnes of CO2 per bitcoin, from Quebec's hydro to a coal-heavy grid.
Carbon by ProvinceHow D-Central serves New Brunswick
Buy & ship anywhere in the province
We hand-build every miner to order in Montreal, Quebec and ship Canada-wide — including New Brunswick. No middleman, no grey market: bench-tested hardware from a real shop.
Shop mining hardware Shipping & lead timesMail-in ASIC repair from anywhere
Antminer down in New Brunswick? Our in-house Montreal repair bench has serviced ASIC miners since 2016 — ship yours in for diagnostics and board-level repair, then back to you.
ASIC repair service Start a repairAll calculations based on a Antminer S19j Pro (3,050W, 104 TH/s) running 24/7 at the current BTC price and network difficulty in New Brunswick. Actual electricity rates may vary by provider, tier, and time-of-use schedule. Heating offset assumes the miner fully replaces an equivalent electric heater during heating months. Mining Score is a composite rating. Not financial advice.
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Last reviewed March 15, 2026.