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How Much Does It Cost to Run a Crypto Mining Rig in Canada? (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 C$0.21 per hour, or about C$151.20 per month at 24 hours a day in Canada (average). Expensive to run
| Wattage | Per hour | Per day | Per month | Per year |
|---|---|---|---|---|
| Low (500 W) | C$0.070 | C$1.68 | C$50.40 | C$613.20 |
| Typical (1,500 W) | C$0.21 | C$5.04 | C$151.20 | C$1,840 |
| High (3,500 W) | C$0.49 | C$11.76 | C$352.80 | C$4,292 |
Formula: watts ÷ 1000 × hours × price per kWh. Typical use is 24 h/day ≈ 13,140 kWh per year.
In Canada, with electricity at C$0.14 per kWh (source: Canada Energy Regulator 2026 market snapshot, 2026-06), a typical crypto mining rig costs C$0.21 per hour and about C$1,840 per year at 24 hours a day. Each C$1.00 of electricity buys roughly 4.8 hours of use.
How to lower the cost of running a crypto mining rig
- Calculate the electricity cost per day before anything else. It decides whether mining makes money at all.
- Undervolt GPUs. It often cuts power by 20 to 30 percent with little hash rate loss.
- Vent the heat outdoors in summer. Cooling the room adds to the bill.
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
- United States (average)
- California
- Texas
- New York
- Florida
- Canada (average)
- United Kingdom
- Germany
- France
- Australia
- India