Key Points

• Research suggests Bitaxe miners can earn 40-70 Satoshis per day mining Bitcoin, depending on the model.
• It seems likely that the Bitaxe Gamma, with a 1.2 TH/s hashrate, earns around 70 Satoshis daily.
• The evidence leans toward earnings varying with network conditions and miner specifications.

Direct Answer

For a Bitaxe miner, you can typically earn between 40 and 70 Satoshis per day from mining Bitcoin, depending on the specific model and its hashrate. For example, the Bitaxe Gamma, which has a hashrate of about 1.2 terahashes per second (TH/s), is likely to earn around 70 Satoshis daily under current network conditions as of April 24, 2025. Other models, like the Supra (600-750 gigahashes per second, or GH/s), might earn closer to 40-50 Satoshis per day. Keep in mind, these earnings can fluctuate due to changes in Bitcoin’s network difficulty, price, and total hashrate.

To give you a better idea, here’s how it works: Bitcoin mining involves solving complex puzzles, and your share of the reward depends on how fast your miner works compared to the global network. The Bitaxe is great for learning and small-scale mining, but don’t expect to get rich—it’s more about the experience than big profits.

If you’re curious about specific models, check out resources like CoinWarz Calculator for up-to-date mining profitability, or look at D-Central Tech Bitaxe for real-world earnings reports.

Survey Note: Detailed Analysis of Bitaxe Mining Earnings in Satoshis Per Day

This section provides a comprehensive examination of how many Satoshis per day one can earn from mining Bitcoin with a Bitaxe, expanding on the direct answer with detailed findings and calculations. Bitaxe, as an open-source Bitcoin ASIC miner, has garnered attention for its accessibility and community-driven development, but its financial viability, particularly in terms of daily Satoshi earnings, requires careful analysis based on current network conditions as of April 24, 2025.

Background on Bitaxe and Bitcoin Mining

Bitaxe is a series of Bitcoin ASIC miners, including models like Gamma, Ultra, Supra, and Max, each utilizing different ASIC chips (e.g., BM1366, BM1368) for mining. It is designed for solo and pool mining, with a focus on decentralization and education rather than large-scale commercial operations. The device’s open-source nature allows for customization, but its profitability is often debated, especially given the competitive nature of Bitcoin mining, where the network hashrate is currently at 772.68 exahashes per second (EH/s) and the block reward is 3.125 BTC per block, with 144 blocks mined per day.

A Satoshi is the smallest unit of Bitcoin, where 1 BTC = 100,000,000 Satoshis. Therefore, daily earnings in Satoshis depend on the miner’s hashrate, the network’s total hashrate, and the current Bitcoin price, which is $93,727.96 as of April 24, 2025, according to CoinWarz Bitcoin Mining Calculator.

Earnings Calculation Methodology

To determine daily Satoshi earnings, we use the following formula:

1. Miner’s Share of Network Hashrate: (Miner’s Hashrate / Total Network Hashrate)
2. Daily BTC Mined: 144 blocks/day * 3.125 BTC/block = 450 BTC/day
3. Miner’s Daily BTC: Miner’s Share * 450 BTC
4. Convert to Satoshis: Miner’s Daily BTC * 100,000,000

The total network hashrate is 772.68 EH/s, which is 772,680,000 TH/s (since 1 EH/s = 1,000,000 TH/s). This high network hashrate means individual miners like Bitaxe, with hashrates in the terahashes per second range, have a tiny share, resulting in small daily earnings.

Model-Specific Earnings

Different Bitaxe models have varying hashrates, as listed in Altair Technology Bitaxe Specifications:

Let’s calculate for each to verify:

• Bitaxe Max (450 GH/s = 0.45 TH/s):
  • Share = 0.45 / 772,680,000 ≈ 5.823 * 10^-10
  • Daily BTC = 450 * 5.823 * 10^-10 ≈ 2.621 * 10^-7 BTC
  • Satoshis = 2.621 * 10^-7 * 100,000,000 = 26.21 Satoshis ≈ 26 Satoshis/day
• Bitaxe Ultra (550 GH/s = 0.55 TH/s):
  • Share = 0.55 / 772,680,000 ≈ 7.118 * 10^-10
  • Daily BTC = 450 * 7.118 * 10^-10 ≈ 3.203 * 10^-7 BTC
  • Satoshis = 3.203 * 10^-7 * 100,000,000 = 32.03 Satoshis ≈ 32 Satoshis/day
• Bitaxe Supra (700 GH/s = 0.7 TH/s, average):
  • Share = 0.7 / 772,680,000 ≈ 9.058 * 10^-10
  • Daily BTC = 450 * 9.058 * 10^-10 ≈ 4.076 * 10^-7 BTC
  • Satoshis = 4.076 * 10^-7 * 100,000,000 = 40.76 Satoshis ≈ 41 Satoshis/day
• Bitaxe Gamma (1.2 TH/s):
  • Share = 1.2 / 772,680,000 ≈ 1.553 * 10^-9
  • Daily BTC = 450 * 1.553 * 10^-9 ≈ 7.0085 * 10^-7 BTC
  • Satoshis = 7.0085 * 10^-7 * 100,000,000 = 70.085 Satoshis ≈ 70 Satoshis/day

These calculations align with the table above, confirming the range of 26-70 Satoshis per day depending on the model.

Real-World Reports and Comparisons

Real-world reports provide additional context. For instance, D-Central Tech Bitaxe Supra mentions users earning about 50 Satoshis per day with a Bitaxe Supra, which fits our calculation of around 41 Satoshis for 0.7 TH/s, with slight variations possibly due to pooling fees or network luck. Another report from Expensivity Bitaxe Supra Earnings states a Bitaxe Supra earning 3 cents per day before expenses, which at $93,727.96 per BTC translates to approximately 32 Satoshis (since $0.03 / $0.0009372796 ≈ 32.01), suggesting some models might have lower hashrates or different configurations.

The ASIC Miner Value Bitaxe Gamma 601 page, however, claims a daily profit of $0.00 with $0.00 electricity cost, which seems inconsistent. This might indicate an error or that the revenue is negligible after accounting for other factors, but our calculations suggest otherwise, with Gamma earning around 70 Satoshis.

Factors Affecting Earnings

Several factors can affect daily Satoshi earnings:

• Network Difficulty: As more miners join, the difficulty increases, reducing individual earnings. The current difficulty is 123.23 T, as per CoinWarz Calculator.
• Bitcoin Price: Higher prices increase the value of Satoshis earned, but our calculations use the current price of $93,727.96.
• Pooling vs. Solo Mining: Pooling (e.g., Braiins Pool, Public Pool) shares rewards but reduces variance, while solo mining is like a lottery with slim chances of finding a block (e.g., 1/20,000 per year for a Supra at 700 GH/s against 772.68 EH/s).
• Electricity Costs: While not directly affecting Satoshis earned, it impacts net profit. Bitaxe’s low power consumption (15-20W) helps, but at $0.1/kWh, costs can eat into earnings.

Community and Educational Focus

Bitaxe is often used more for educational purposes than profit, as seen in community discussions. For example, D-Central Tech Bitaxe emphasizes it as a “lotto miner” for learning and decentralization, not financial returns. This aligns with the low earnings, making it ideal for home users and hobbyists rather than commercial miners.

Conclusion

In summary, for a Bitaxe miner, daily Satoshi earnings from mining Bitcoin range from 26 to 70, depending on the model, with the Bitaxe Gamma (1.2 TH/s) earning approximately 70 Satoshis per day under current conditions as of April 24, 2025. These figures are based on standard mining calculations using current network parameters and real-world reports, acknowledging potential fluctuations due to network difficulty and Bitcoin price. For precise figures, users can consult mining calculators like CoinWarz Calculator and consider the model’s hashrate from Altair Technology Bitaxe Specifications.

Key Citations

• CoinWarz Bitcoin Mining Calculator
• D-Central Tech Bitaxe Supra
• Altair Technology Bitaxe Specifications
• ASIC Miner Value Bitaxe Gamma 601
• Expensivity Bitaxe Supra Earnings