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Zcash Mining Profitability by Miner: August 2026

BlockOps Mining · Updated August 23, 2026
Figures are a snapshot taken August 23, 2026 with ZEC at $814.06, after a 69.6% week. Revenue moves with the ZEC price and network hashrate daily. Verify before buying hardware. This is general information, not financial advice.

Key Takeaways

1
Break-even efficiency at $0.08/kWh is 23.6 J/ksol. Every Equihash ASIC that Bitmain has shipped since the Z11 (2019) is in profit. [1] [2]
2
A Z15 Pro nets $32.71 a day, about $994 a month. Revenue is $38.05 against $5.34 of power. It pays back $3,170 of hardware in 3.2 months. [3]
3
A Z11 from April 2019 nets $3.39 a day. At 10.5 J/ksol it is three times less efficient than a Z15 Pro and still profitable, because ZEC has run far enough to carry it. [2]
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What Each Miner Earns

Zcash revenue scales directly with hashrate, so every machine earns its ksol/s rating times $0.04530 per day at the moment. Subtract power and you have the number that matters. All four figures below are net of electricity at $0.08/kWh, before pool fees and downtime.

Antminer Z15 Pro. 840 ksol/s, 2,780 W, 3.31 J/ksol. Revenue $38.05, net $32.71 a day, about $994 a month. Break-even power rate $0.570/kWh. At $3,170 it pays back in 3.2 months.

Antminer Z15. 420 ksol/s, 1,510 W, 3.60 J/ksol. Revenue $19.03, net $16.13 a day, about $490 a month. Break-even $0.525/kWh. At $3,199 it pays back in 6.5 months.

Antminer Z15e. 200 ksol/s, 1,510 W, 7.55 J/ksol. Revenue $9.06, net $6.16 a day, about $187 a month. Break-even $0.250/kWh. Secondary market only. [4]

Antminer Z11. 135 ksol/s, 1,418 W, 10.50 J/ksol. Revenue $6.12, net $3.39 a day, about $103 a month. Break-even $0.180/kWh. At $599 it pays back in 5.8 months. [2]

Note: Equihash calculators disagree with each other by about 7% on ZEC revenue. These numbers are anchored to a published Z15 Pro figure of $38.07 per day at ZEC $814.46, which is the lower of the two readings available. [3]

The Break-Even Number

Break-even efficiency (joules-per-kilosol) is the floor at which a machine still covers its own power. The formula is revenue (per ksol per day) divided by 0.024 times your power rate. At $0.04530 and $0.08/kWh, that is 23.6 J/ksol.

The Proof of Stake Question

It comes up on every Zcash hardware decision, and the short version is that the risk is real, funded, and slower than the coverage suggests. Shielded Labs is building Crosslink, a hybrid consensus design that keeps proof-of-work mining and adds a stake-based finality layer above it. [5]

Under that design miners keep producing blocks and keep earning block rewards, and stake validators only mark those blocks final. Ethereum removed proof-of-work entirely, which is what made GPUs worthless for ETH overnight. Crosslink does not do that. It has no ZIP number, no activation height, and no line on the NU7 coinholder ballot that opens August 25. [5]

We went through the ZIPs, the ballot questions and the two public signals worth tracking in the Zcash proof of stake mining risk, examined. For anyone reading a profitability table: a Z15 Pro pays back in about three months, and the consensus change has no date attached to it. A 69.6% week is the thing to be careful about here, not Crosslink.

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Sources

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