Bitmain Antminer S23 Immersion (368Th)
Bitmain Antminer S23 Immersion (368Th) vs Whatsminer M56
Side-by-side specs, profitability, and home mining comparison.
Specifications Comparison
| Bitmain Antminer S23 Immersion (368Th) | Specification | Whatsminer M56 |
|---|---|---|
| 368.0 TH/s | Taux de hachage | 194.0 TH/s |
| 4,080 W | Consommation électrique | 5,550 W |
| 11.1 J/TH | Efficiency | 28.6 J/TH |
| 75 dB | Niveau de bruit | 50 dB |
| 17.2 kg | Weight | 13.0 kg |
| 13,921 BTU/hr | BTU Output | 18,937 BTU/hr |
| 30/100 | Home Mining Score | 44/100 |
| — | Release Year | — |
| SHA-256 | Algorithme | SHA-256 |
| Bitmain | Manufacturer | MicroBT |
Profitability Comparison
Bitmain Antminer S23 Immersion (368Th)
Whatsminer M56
Based on BTC price of $78,244 and current network difficulty as of May 16, 2026. Actual results vary.
Verdict
Our scoring model gives the nod to the Bitmain Antminer S23 Immersion (368Th), which leads on 4 of 6 weighted factors (efficacité, hashrate, consommation électrique, rapport qualité-prix). The standout gap is 61% better efficacité (11.1 vs 28.6 J/TH) in the Bitmain Antminer S23 Immersion (368Th)'s favour. The Whatsminer M56 claws back ground on score de minage domestique and niveau sonore. Cross-check the spec deltas and ROI table above against your own electricity rate before deciding.
Spec Deltas
Here is every spec where the Bitmain Antminer S23 Immersion (368Th) and Whatsminer M56 actually differ, with the gap quantified:
- Bitmain Antminer S23 Immersion (368Th) 90% more hashrate (368 vs 194 TH/s)
- Bitmain Antminer S23 Immersion (368Th) 26% better power draw (4,080 vs 5,550 W)
- Bitmain Antminer S23 Immersion (368Th) 61% better efficacité (11.1 vs 28.6 J/TH)
- Whatsminer M56 33% better noise (75.0 vs 50.0 dB)
- Whatsminer M56 24% better weight (17.2 vs 13.0 kg)
- Whatsminer M56 36% more heat output (13,921 vs 18,937 BTU/hr)
- Whatsminer M56 47% more score de minage domestique (30.0 vs 44.0)
Cost & ROI Over Time
Hardware cost is only half the story — here is how each miner's upfront price plays out against cumulative profit at a $0.10/kWh rate.
| Bitmain Antminer S23 Immersion (368Th) | Metric | Whatsminer M56 |
|---|---|---|
| $5,899 | Upfront cost (MSRP) | $5,000 |
| $3.46 | Daily net profit | -$6.33 |
| -$4,637 | Net after 1 year | -$7,312 |
| -$3,374 | Net after 2 years | -$9,624 |
| -$2,112 | Net after 3 years | -$11,937 |
| Takes ~4.7 years to pay back at current rates | Payback period | Does not pay back at current rates (negative daily profit) |
Projections assume continuous operation, a flat $0.10/kWh rate, and no hardware degradation, pool fees, or BTC price change. Real-world ROI varies.
Best For...
Best for Profitability
Bitmain Antminer S23 Immersion (368Th)$9.79/day higher profit at current rates.
Best for Home Mining
Whatsminer M56Score: 44/100. 50 dB noise level.
Best for Efficiency
Bitmain Antminer S23 Immersion (368Th)11.1 J/TH — lower electricity cost per terahash.
Frequently Asked Questions
Is the Bitmain Antminer S23 Immersion (368Th) or Whatsminer M56 more profitable?
At the current BTC price and a $0.10/kWh electricity rate, the Bitmain Antminer S23 Immersion (368Th) is more profitable at $3.46/day compared to $-6.33/day for the Whatsminer M56. Profitability depends heavily on your electricity rate — use the selector above to calculate with your actual costs.
Which is quieter, the Bitmain Antminer S23 Immersion (368Th) or Whatsminer M56?
The Whatsminer M56 is quieter at 50 dB compared to the Bitmain Antminer S23 Immersion (368Th) at 75 dB. For home mining, lower noise levels make a significant difference in livability.
For mining at home, should I pick the Bitmain Antminer S23 Immersion (368Th) or the Whatsminer M56?
The Whatsminer M56 scores 44/100 on our Home Mining Score (vs 30/100 for the Bitmain Antminer S23 Immersion (368Th)). This composite score factors in noise, power requirements, heat output, size, and setup ease — all critical for residential mining.
What is the efficiency difference between Bitmain Antminer S23 Immersion (368Th) and Whatsminer M56?
The Bitmain Antminer S23 Immersion (368Th) runs at 11.1 J/TH while the Whatsminer M56 runs at 28.6 J/TH — a difference of 17.5 J/TH. Lower efficiency means less electricity per terahash of mining power, directly reducing operating costs. In relative terms that is 61% better efficacité (11.1 vs 28.6 J/TH).
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