NerdMiner NerdOCTAxe Rev 3.1 on BitcoinCash — Mining Profit, Solo Odds & Cost of Production

12.00 TH/s · SHA-256 · network 3.42 EH/s. A NerdMiner NerdOCTAxe Rev 3.1 solo mining BitcoinCash (BCH) has about a 1-in-6 chance per year, i.e. an expected block roughly every 5.17 yr for the full 3.1300 BCH (≈ 892 USD) reward.

NerdMiner NerdOCTAxe Rev 3.1 on BitcoinCash — Mining Truth Benchmark & Specifications

Consolidated PoW oracle metrics for operating a NerdMiner NerdOCTAxe Rev 3.1 on BitcoinCash (BCH) at live network difficulty and benchmark industrial electricity (0.069 USD/kWh):

Specification / MetricValueContext & Meaning
Algorithm & Hashrate12.00 TH/s on SHA-256Nominal device hashrate
Rated Power Draw240 W (49.98 GH/W)Energy efficiency threshold
Daily Pool Yield (Gross)0.47 USD / dayExpected gross pool revenue at spot price
Power Consumption Cost0.40 USD / dayElectricity expense at 0.069 USD/kWh (5.8 kWh/day)
Net Daily Operating Margin+0.07 USD / dayOperational profit/loss after electricity
Operational Breakeven0.082 USD/kWhMaximum electricity tariff before negative profit
Cost of Production (@ 0.069$ kWh)239.9736 USD per BCHDirect electricity expense to produce 1 BCH
Solo Discovery Expectation1 block every ~5.17 yrPoisson arrival time at network hashrate 3.42 EH/s

Can you solo mine BitcoinCash with a NerdMiner NerdOCTAxe Rev 3.1?

Yes — a NerdMiner NerdOCTAxe Rev 3.1 (12.00 TH/s) can solo mine BitcoinCash (BCH) via a solo pool. At BitcoinCash's 3.42 EH/s SHA-256 network that is about a 1-in-6 chance per year — expected one block roughly every 5.17 yr, for the full 3.1300 BCH (≈ 892 USD) block. BackPoW computes this from live network difficulty using a Poisson block-discovery model. Realistically this is a hobby/lottery play rather than an income strategy.

Hardware Tier & Ecosystem Ranking on BitcoinCash

The NerdMiner NerdOCTAxe Rev 3.1 is categorized in the Home / Solo Lottery Tier (Compact or low-power hardware optimized for decentralized solo lottery participation rather than commercial pool revenue.). Among all 22 tracked models on BitcoinCash, it ranks #16 in electrical efficiency (49,980,000,000.00 H/W) and #7 in raw hashrate (12.00 TH/s).

Electricity Operating Costs & Breakeven

Running a NerdMiner NerdOCTAxe Rev 3.1 (240 W) pulls about 5.76 kWh per day (175.3 kWh per month). At the standard rate of 0.069 USD/kWh, electricity costs roughly 0.40 USD per day (12.10 USD/month or 145 USD/year). Statistically that year returns 0.19 blocks, worth about $172 — expected revenue covers the power bill about 1.2x over.

The operational breakeven threshold is 0.082 USD/kWh. Expected net operating margin at benchmark tariffs:

Break-even Coin Price Target: For this hardware to break even on electricity, BitcoinCash must trade at or above 239.97 USD at standard industrial power (0.069 USD/kWh), or 417.35 USD at residential power (0.120 USD/kWh).

Bankroll & Variance Risk Simulator

Solo mining block discovery follows a memoryless Poisson distribution. While the average wait is 5.17 yr, real-world dispersion ranges across 5% and 50% quantiles:

High Variance Alert: In a 1-in-20 severe drought (~15.50 yr), cumulative electricity burned (~2,250 USD) will exceed the block reward value (892 USD). Pool mining is recommended for risk-averse operators.

How other hardware compares on BitcoinCash

Devices in the same hashrate class, solo mining BitcoinCash at today's difficulty:

HardwareHashrateExpected blockChance in 1 year
Bitaxe NerdOctaxe9.61 TH/s6.46 yr14.35%
Bitaxe Gamma Hex8.37 TH/s7.41 yr12.62%
Bitaxe NerdQaxe++ Rev 6.16.00 TH/s10.34 yr9.22%
Bitaxe NerdQaxe++4.81 TH/s12.91 yr7.45%
Bitaxe Supra Hex4.19 TH/s14.80 yr6.53%

How the odds have moved

BitcoinCash's network hashrate climbed 3% since 2026-09-22, from 3.33 EH/s to 3.42 EH/s — so the same rig is now 3% less likely to find a block.

Where to point a NerdMiner NerdOCTAxe Rev 3.1 at BitcoinCash

Solo mining still runs through a solo pool: it handles the block template and pays the full reward to whoever finds the block. BackPoW tracks 66 solo pools for BitcoinCash with their stratum endpoints, fees, and pool hashrates — see BitcoinCash solo mining pools:

Latest BitcoinCash mining & ecosystem events

How the odds are calculated

Because each hash succeeds independently, finding a block is a Poisson process — there is no 'due' block, only an average rate. The mean time between blocks is T = network_hashrate ÷ your_hashrate × block_time, and the realistic chance of at least one block over a period t is P = 1 − e^(−t/T). That is why a longer run raises your odds but never guarantees a block. For this pair: daily chance 0.0529%, yearly chance 17.57%.

Frequently Asked Questions: NerdMiner NerdOCTAxe Rev 3.1 on BitcoinCash

Can you solo mine BitcoinCash with a NerdMiner NerdOCTAxe Rev 3.1?

Yes — a NerdMiner NerdOCTAxe Rev 3.1 (12.00 TH/s) can solo mine BitcoinCash (BCH) via a solo pool. At BitcoinCash's 3.42 EH/s SHA-256 network that is about a 1-in-6 chance per year — expected one block roughly every 5.17 yr, for the full 3.1300 BCH (≈ 892 USD) block. BackPoW computes this from live network difficulty using a Poisson block-discovery model.

Is SHA-256 ASIC-resistant, and where does the NerdMiner NerdOCTAxe Rev 3.1 stand?

SHA-256 is an ASIC-dominated algorithm. The NerdMiner NerdOCTAxe Rev 3.1 delivers 12.00 TH/s (#7 of 22 models on BitcoinCash). It belongs to the Home / Solo Lottery Tier, built for compact, decentralized solo attempts rather than commercial pool income.

What is the operating power cost and breakeven electricity rate for a NerdMiner NerdOCTAxe Rev 3.1 on BitcoinCash?

At 240 W, operating a NerdMiner NerdOCTAxe Rev 3.1 consumes 5.76 kWh/day (175.3 kWh/month). At standard electricity (0.069 USD/kWh), the power bill is 0.40 USD/day (12.10 USD/month). The operational breakeven threshold is 0.082 USD/kWh.

What happens if my NerdMiner NerdOCTAxe Rev 3.1 encounters a severe dry spell on BitcoinCash?

Block discovery is an independent Poisson process with no memory. In a 1-in-20 bad luck drought (5% worst luck), finding a block can stretch up to 15.50 yr, accumulating roughly 2,250 USD in power costs.

Alternative Mining Options for NerdMiner NerdOCTAxe Rev 3.1

Comparing solo odds, jackpot block value, and daily pool revenue across other coins minable with this rig:

CoinExpected blockBlock valuePool earnings / Day
Quai-SHA (QUAI)4.2 hours0.08 USD0.45 USD
DGB-SHA (DGB)2 days0.84 USD0.34 USD
Fractal (FB)6 days2 USD0.42 USD
BitcoinII (BTCII)13 days5 USD0.39 USD