2. Hardware Break-Even (Antminer S21 XP)
If you own your own machine, your break-even is determined entirely by your local electricity rate. The S21 XP is currently the gold standard for 2026 efficiency (approx. 13.5 J/TH).
Break-Even by Electricity Cost (BTC @ $95,000)
| Electricity Rate | Daily Profit/Loss | Break-Even BTC Price |
| $0.04/kWh (Industrial/Green) | +$10.20 | ~$38,000 (Highly Safe) |
| $0.07/kWh (U.S. Average) | +$7.60 | ~$62,000 (Safe) |
| $0.12/kWh (Residential) | +$3.20 | ~$88,000 (High Risk) |
| $0.15/kWh+ (High Cost) | -$0.50 | >$105,000 (Unprofitable) |
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