Bitcoin Mining Profit in Newfoundland and Labrador

At Newfoundland and Labrador's average industrial electricity price of 11.15¢ CAD per kWh (US$ 7.99¢), a 200 TH/s machine using 3,500 W would lose about $0.27 a day at today's hashprice ($32.85 per PH/s a day, bitcoin $77,618). At the household price of 15.59¢ CAD it would lose $2.94 a day. Break-even: 7.66¢ (US) per kWh. Newfoundland and Labrador ranks 24 of 64 US states and Canadian provinces for mining on electricity cost.

Network and price Nov 1, 2026, 20:16 UTC · electricity: Hydro-Québec, Comparison of Electricity Prices in Major North American Cities (2025)

Hashprice

$32.85

per PH/s per day

Break-even power

7.66¢

US$ per kWh, 17.5 J/TH

Industrial price

11.15¢

CAD per kWh

Profit per machine

−$0.27

a day, 200 TH/s · rank 24/64

Your mining profit in Newfoundland and Labrador

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. Canadian rates are converted at 1.3963 CAD per US dollar. Example machine: 200 TH/s at 3,500 W (17.5 J/TH).

Mining in Newfoundland and Labrador

Canada has no single price list for miners: these are Hydro-Québec's yearly comparison of big-city utility rates (large power, 5,000 kW). Several provincial utilities have limited or paused new connections for crypto mining in recent years (for example in Quebec, British Columbia and Manitoba), so check with the utility before planning a mine.

Compare: Other Provinces and Territories

All states and provinces →

North Dakota$0.06 Alabama−$0.06 North Carolina−$0.11 Georgia−$0.18 Idaho−$0.18 New Brunswick−$0.26 Kansas−$0.32 Arizona−$0.32 Nebraska−$0.32 Prince Edward Island−$0.34 Nevada−$0.36 West Virginia−$0.37

Bitcoin Mining in Newfoundland and Labrador: FAQ

Is bitcoin mining profitable in Newfoundland and Labrador?

At today's numbers, not at the average industrial rate: a 200 TH/s machine would lose about $0.27 a day. At household rates it would lose $2.94 a day. Miners with cheaper contracts or more efficient machines do better.

How much does electricity cost in Newfoundland and Labrador?

In Hydro-Québec's 2025 comparison (rates on 1 April 2025, before tax), St. John's: 15.59¢ CAD per kWh for a home using 1,000 kWh a month and 11.15¢ CAD for a large-power customer (5,000 kW), 7.66¢ CAD at 50,000 kW.

Is bitcoin mining legal in Newfoundland and Labrador?

Yes, but canada has no single price list for miners: these are Hydro-Québec's yearly comparison of big-city utility rates (large power, 5,000 kW). Several provincial utilities have limited or paused new connections for crypto mining in recent years (for example in Quebec, British Columbia and Manitoba), so check with the utility before planning a mine.

What is the break-even electricity price for mining?

7.66¢ (US) per kWh for a 17.5 J/TH machine at today's hashprice; about 10.32¢ for a 13 J/TH machine. It changes every day with the price, fees and network hashrate.