Bitmain Antminer S23 Hyd vs MicroBT Whatsminer M31S
Side-by-side specs, profitability, and home mining comparison.
Specifications Comparison
| Bitmain Antminer S23 Hyd | Specification | MicroBT Whatsminer M31S |
|---|---|---|
| 580.0 TH/s | Hashrate | 76.0 TH/s |
| 5,510 W | Power Consumption | 3,220 W |
| 9.5 J/TH | Efficiency | 42.4 J/TH |
| 75 dB | Noise Level | — |
| 13.5 kg | Weight | 12,500.0 kg |
| 18,800 BTU/hr | BTU Output | 10,987 BTU/hr |
| 30/100 | Home Mining Score | 22/100 |
| — | Release Year | — |
| SHA-256 | Algorithm | SHA-256 |
| Bitmain | Manufacturer | MicroBT |
Profitability Comparison
Bitmain Antminer S23 Hyd
MicroBT Whatsminer M31S
Based on BTC price of $79,032 and current network difficulty as of May 15, 2026. Actual results vary.
Verdict
Weighing six performance factors, the Bitmain Antminer S23 Hyd comes out ahead — it takes 4 of 6 (efficiency, hashrate, home mining score, noise level). Where it pulls away hardest is 663% more hashrate (580.0 vs 76.0 TH/s). The MicroBT Whatsminer M31S holds the edge in power consumption and price-performance. Review the detailed specs and profitability calculations above to determine which miner best fits your specific setup.
Spec Deltas
Here is every spec where the Bitmain Antminer S23 Hyd and MicroBT Whatsminer M31S actually differ, with the gap quantified:
- Bitmain Antminer S23 Hyd 663% more hashrate (580.0 vs 76.0 TH/s)
- MicroBT Whatsminer M31S 42% better power draw (5,510 vs 3,220 W)
- Bitmain Antminer S23 Hyd 78% better efficiency (9.5 vs 42.4 J/TH)
- Bitmain Antminer S23 Hyd 100% better weight (13.5 vs 12,500.0 kg)
- Bitmain Antminer S23 Hyd 71% more heat output (18,800 vs 10,987 BTU/hr)
- Bitmain Antminer S23 Hyd 36% more home mining score (30.0 vs 22.0)
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 Hyd | Metric | MicroBT Whatsminer M31S |
|---|---|---|
| $12,995 | Upfront cost (MSRP) | $91 |
| $7.87 | Daily net profit | -$4.96 |
| -$10,122 | Net after 1 year | -$1,903 |
| -$7,250 | Net after 2 years | -$3,715 |
| -$4,377 | Net after 3 years | -$5,527 |
| Takes ~4.5 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 Hyd$12.83/day higher profit at current rates.
Best for Home Mining
Bitmain Antminer S23 HydScore: 30/100. 75 dB noise level.
Best for Efficiency
Bitmain Antminer S23 Hyd9.5 J/TH — lower electricity cost per terahash.
Frequently Asked Questions
Which makes more money, the Bitmain Antminer S23 Hyd or the MicroBT Whatsminer M31S?
At the current BTC price and a $0.10/kWh electricity rate, the Bitmain Antminer S23 Hyd is more profitable at $7.87/day compared to $-4.96/day for the MicroBT Whatsminer M31S. Profitability depends heavily on your electricity rate — use the selector above to calculate with your actual costs.
Is the Bitmain Antminer S23 Hyd or the MicroBT Whatsminer M31S better for noise-sensitive spaces?
The Bitmain Antminer S23 Hyd is quieter at 75 dB compared to the MicroBT Whatsminer M31S at 0 dB. For home mining, lower noise levels make a significant difference in livability.
Bitmain Antminer S23 Hyd vs MicroBT Whatsminer M31S: which fits a residential setup better?
The Bitmain Antminer S23 Hyd scores 30/100 on our Home Mining Score (vs 22/100 for the MicroBT Whatsminer M31S). 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 Hyd and MicroBT Whatsminer M31S?
The Bitmain Antminer S23 Hyd runs at 9.5 J/TH while the MicroBT Whatsminer M31S runs at 42.4 J/TH — a difference of 32.9 J/TH. Lower efficiency means less electricity per terahash of mining power, directly reducing operating costs. In relative terms that is 78% better efficiency (9.5 vs 42.4 J/TH).
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