Bitcoin Mining Profit in Minnesota

At Minnesota's average industrial electricity price of 9.31¢ per kWh, a 200 TH/s machine using 3,500 W would lose about $1.40 a day at today's hashprice ($32.76 per PH/s a day, bitcoin $77,604). At the household price of 15.83¢ it would lose $6.88 a day. Break-even: 7.64¢ (US) per kWh. Minnesota ranks 43 of 64 US states and Canadian provinces for mining on electricity cost.

Network and price Nov 1, 2026, 19:15 UTC · electricity: EIA Electric Power Annual 2025, Table 2.10

Hashprice

$32.76

per PH/s per day

Break-even power

7.64¢

US$ per kWh, 17.5 J/TH

Industrial price

9.31¢

per kWh (2025 avg)

Profit per machine

−$1.40

a day, 200 TH/s · rank 43/64

Your mining profit in Minnesota

Electricity rate

Electricity (US$ per kWh)

Hashrate (TH/s)

Power use (watts)

Machines

Pool fee (%)

Bitcoin price ($)

Network hashrate (EH/s)

Assumes 144 blocks a day, today's fees per block and no change in difficulty or price. Hardware, cooling, hosting and taxes are not included. Example machine: 200 TH/s at 3,500 W (17.5 J/TH).

Compare: Neighbouring Ranks

All states and provinces →

Wyoming−$0.85 Indiana−$0.85 Florida−$1.06 Wisconsin−$1.09 Colorado−$1.16 Ontario−$1.28 Pennsylvania−$1.42 Virginia−$1.55 Nova Scotia−$1.66 Delaware−$1.66 Illinois−$1.67 New York−$1.87

Bitcoin Mining in Minnesota: FAQ

Is bitcoin mining profitable in Minnesota?

At today's numbers, not at the average industrial rate: a 200 TH/s machine would lose about $1.40 a day. At household rates it would lose $6.88 a day. Miners with cheaper contracts or more efficient machines do better.

How much does electricity cost in Minnesota?

The US Energy Information Administration's 2025 averages for Minnesota: 15.83¢ per kWh for homes, 12.35¢ for businesses and 9.31¢ for industry (US average: 17.23¢, 13.37¢ and 8.51¢).

Is bitcoin mining legal in Minnesota?

Yes. We found no state law aimed specifically at bitcoin mining in Minnesota; local zoning and noise rules apply as for any industrial or data-centre use.

What is the break-even electricity price for mining?

7.64¢ (US) per kWh for a 17.5 J/TH machine at today's hashprice; about 10.29¢ for a 13 J/TH machine. It changes every day with the price, fees and network hashrate.