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How Much Does It Cost to Run a Crypto Mining Rig in Australia? (2026)

A mining rig runs flat out around the clock. Even a single-GPU setup at 500 watts uses more electricity than most whole households, and an ASIC miner at 3,000 watts uses as much as a dozen fridges.

A typical crypto mining rig (1,500 W) costs A$0.52 per hour, or about A$378.00 per month at 24 hours a day in Australia. Expensive to run

WattagePer hourPer dayPer monthPer year
Low (500 W)A$0.17A$4.20A$126.00A$1,533
Typical (1,500 W)A$0.52A$12.60A$378.00A$4,599
High (3,500 W)A$1.22A$29.40A$882.00A$10,731

Formula: watts ÷ 1000 × hours × price per kWh. Typical use is 24 h/day ≈ 13,140 kWh per year.

In Australia, with electricity at A$0.35 per kWh (source: AER Default Market Offer 2026–27, 2026-07), a typical crypto mining rig costs A$0.52 per hour and about A$4,599 per year at 24 hours a day. Each A$1.00 of electricity buys roughly 1.9 hours of use.

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How to lower the cost of running a crypto mining rig

Frequently asked questions

How much electricity does a mining rig use per month?

A 1,500 watt rig uses 1,080 kWh a month. Pick your region above for the cost.

Is home crypto mining profitable?

Only with very cheap electricity, typically under 0.08 per kWh in local currency.

Can I use a mining rig to heat my house?

Yes, every watt becomes heat. It is a very expensive space heater unless mining income offsets it.

Cost by region

Related appliances

Use the generic electricity cost calculator →