MinerLottery
BitaxeDiscontinuedOpen source

Bitaxe Ultra 204

The board that started the modern Bitaxe wave, using the Antminer S19j Pro's BM1366. Historically important and still perfectly functional, but three generations behind on efficiency.

Hashrate
500 GH/s
Power
12 W
Efficiency
24.0 J/TH
Chips
1× BM1366
$75$150 / TH

Typical street price, excluding shipping and duties.

No longer sold new — check second-hand listings.

Specs verified 5 Aug 2026. Source

What it costs, what it might win

Currency
$/ kWh
h

Running costs across the site use this rate. The default is a typical household tariff — check your own bill for the real number.

Power cost / month
$1.49
0.29 kWh per day
Power cost / year
$18
105 kWh per year
Expected BTC / day
25 sats
Long-run statistical average
Expected value / month
$0.4945
$0.9958 below power cost

The odds, honestly

At the current network difficulty of 1.262e+14, a Bitaxe Ultra 204 is expected to find a block roughly once every 34.36K years. That is an average across infinite attempts, not a countdown — a block could come tomorrow, or never.

Odds in 1 year
1 in 34.36K
Odds in 5 years
1 in 6.87K
Chance of a win in 5 yrs
0.01%
If you win, you win
3.155 BTC
≈ $203,879 at the current price — the full block subsidy plus fees, paid to you alone.
Five years of ownership
$164
Hardware plus power. This is what the ticket costs you, win or lose.

If you pooled instead

Point the same device at a normal mining pool and you would receive the statistical average steadily instead of gambling on it: about $0.4945 a month, against $1.49 of electricity. At your electricity rate that loses money — every 25 sats mined costs $0.0490 in power. Buying the same BTC on an exchange would be cheaper.

Full specifications

ASIC chip
1× BM1366
Stock hashrate
500 GH/s
Tuned hashrate
650 GH/s
Stock power
12 W
Tuned power
18 W
Efficiency
24.0 J/TH
Tuned efficiency
27.7 J/TH
Power input
5.5mm barrel, 5V 5A
PSU included
No
Connectivity
Wi-Fi 2.4GHz
Display
0.91in OLED
Noise
~33 dB
Dimensions
95 × 85 × 45 mm
Weight
0.2 kg
Form factor
desktop
Firmware
AxeOS
Open source
Yes
Solo mining
Yes
Pool mining
Yes
Built-in full node
No
Released
2023

The verdict

Best for: Collectors and people learning to solder.

Strengths

  • Very cheap used
  • Lowest absolute power draw of the ASIC boards here
  • Enormous amount of documentation

Trade-offs

  • 24 J/TH — poor by current standards
  • Less than half the hashrate of a similarly-sized Gamma
  • Discontinued

About Bitaxe

The reference open-source solo miner, designed by Skot and maintained by Open Source Miners United. Bitaxe is a hardware design rather than a company: many vendors build and sell boards from the same public schematics, so quality and price vary by builder.

bitaxe.org

Consider instead