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

12.00 TH/s · SHA-256 · network 10.46 PH/s. A NerdMiner NerdOCTAxe Rev 3.1 solo mining BitcoinII (BTCII) has about 28 blocks per year, i.e. an expected block roughly every 13 days for the full 50.0000 BTCII (≈ 5 USD) reward.

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

Consolidated PoW oracle metrics for operating a NerdMiner NerdOCTAxe Rev 3.1 on BitcoinII (BTCII) 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)0.39 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-0.01 USD / dayOperational profit/loss after electricity
Operational Breakeven0.068 USD/kWhMaximum electricity tariff before negative profit
Cost of Production (@ 0.069$ kWh)0.1020 USD per BTCIIDirect electricity expense to produce 1 BTCII
Solo Discovery Expectation1 block every ~13 daysPoisson arrival time at network hashrate 10.46 PH/s

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

Yes — a NerdMiner NerdOCTAxe Rev 3.1 (12.00 TH/s) can solo mine BitcoinII (BTCII) via a solo pool. At BitcoinII's 10.46 PH/s SHA-256 network that is about 28 blocks per year — expected one block roughly every 13 days, for the full 50.0000 BTCII (≈ 5 USD) block. BackPoW computes this from live network difficulty using a Poisson block-discovery model. Realistically this is genuinely worth a patient solo run.

Hardware Tier & Ecosystem Ranking on BitcoinII

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 3 tracked models on BitcoinII, it ranks #3 in electrical efficiency (49,980,000,000.00 H/W) and #1 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 28.48 blocks, worth about $143 — you would burn roughly 1x more in electricity than that reward is worth.

The operational breakeven threshold is 0.068 USD/kWh. Expected net operating margin at benchmark tariffs:

Break-even Coin Price Target: For this hardware to break even on electricity, BitcoinII must trade at or above 0.1020 USD at standard industrial power (0.069 USD/kWh), or 0.1773 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 13 days, real-world dispersion ranges across 5% and 50% quantiles:

High Variance Alert: In a 1-in-20 severe drought (~38 days), cumulative electricity burned (~15 USD) will exceed the block reward value (5 USD). Pool mining is recommended for risk-averse operators.

How other hardware compares on BitcoinII

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

HardwareHashrateExpected blockChance in 1 year
Bitaxe NerdOctaxe9.61 TH/s16 days100.00%
Bitaxe Gamma1.10 TH/s140 days92.61%

How the odds have moved

BitcoinII's network hashrate fell 39% since 2026-09-22, from 17.13 PH/s to 10.46 PH/s — so the same rig is now 39% more likely to find a block.

Where to point a NerdMiner NerdOCTAxe Rev 3.1 at BitcoinII

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 30 solo pools for BitcoinII with their stratum endpoints, fees, and pool hashrates — see BitcoinII solo mining pools:

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 7.50%, yearly chance 100.00%.

Frequently Asked Questions: NerdMiner NerdOCTAxe Rev 3.1 on BitcoinII

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

Yes — a NerdMiner NerdOCTAxe Rev 3.1 (12.00 TH/s) can solo mine BitcoinII (BTCII) via a solo pool. At BitcoinII's 10.46 PH/s SHA-256 network that is about 28 blocks per year — expected one block roughly every 13 days, for the full 50.0000 BTCII (≈ 5 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 (#1 of 3 models on BitcoinII). 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 BitcoinII?

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 0.068 USD/kWh.

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

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 38 days, accumulating roughly 15 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
eCash (XEC)35 days12 USD0.35 USD