Bitmain Antminer Z11 on Pirate — Mining Profit, Solo Odds & Cost of Production

134.76 KH/s · Equihash · network 3.46 MH/s. A Bitmain Antminer Z11 solo mining Pirate (ARRR) has about 20,501 blocks per year, i.e. an expected block roughly every 25.7 min for the full 0.2500 ARRR reward.

Bitmain Antminer Z11 on Pirate — Mining Truth Benchmark & Specifications

Consolidated PoW oracle metrics for operating a Bitmain Antminer Z11 on Pirate (ARRR) at live network difficulty and benchmark industrial electricity (0.069 USD/kWh):

Specification / MetricValueContext & Meaning
Algorithm & Hashrate134.76 KH/s on EquihashNominal device hashrate
Rated Power Draw1,418 W (95.03 H/W)Energy efficiency threshold
Daily Pool Yield (Gross)4.26 USD / dayExpected gross pool revenue at spot price
Power Consumption Cost2.35 USD / dayElectricity expense at 0.069 USD/kWh (34.0 kWh/day)
Net Daily Operating Margin+1.91 USD / dayOperational profit/loss after electricity
Operational Breakeven0.125 USD/kWhMaximum electricity tariff before negative profit
Cost of Production (@ 0.069$ kWh)0.1673 USD per ARRRDirect electricity expense to produce 1 ARRR
Solo Discovery Expectation1 block every ~25.7 minPoisson arrival time at network hashrate 3.46 MH/s

Can you solo mine Pirate with a Bitmain Antminer Z11?

Yes — a Bitmain Antminer Z11 (134.76 KH/s) can solo mine Pirate (ARRR) via a solo pool. At Pirate's 3.46 MH/s Equihash network that is about 20,501 blocks per year — expected one block roughly every 25.7 min, for the full 0.2500 ARRR 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 Pirate

The Bitmain Antminer Z11 is categorized in the Mid-Range Workhorse Tier (Middle quartile hashrate offering solid pool mining throughput with moderate solo variance.). Among all 2 tracked models on Pirate, it ranks #1 in electrical efficiency (95.03 H/W) and #1 in raw hashrate (134.76 KH/s).

Electricity Operating Costs & Breakeven

Running a Bitmain Antminer Z11 (1,418 W) pulls about 34.03 kWh per day (1035.8 kWh per month). At the standard rate of 0.069 USD/kWh, electricity costs roughly 2.35 USD per day (71.47 USD/month or 858 USD/year). Statistically that year returns 20,500.72 blocks, worth about $1,556 — expected revenue covers the power bill about 1.8x over.

The operational breakeven threshold is 0.125 USD/kWh. Expected net operating margin at benchmark tariffs:

Break-even Coin Price Target: For this hardware to break even on electricity, Pirate must trade at or above 0.1673 USD at standard industrial power (0.069 USD/kWh), or 0.2910 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 25.7 min, real-world dispersion ranges across 5% and 50% quantiles:

High Variance Alert: In a 1-in-20 severe drought (~1.3 hours), cumulative electricity burned (~0 USD) will exceed the block reward value (0 USD). Pool mining is recommended for risk-averse operators.

Bitmain Antminer Z11 Price & Estimated ROI

Current market price: $1,480–$1,759 across 2 vendors (median $1,620). Mined against its most profitable coin instead of solo, it would pay itself back in about 263 days.

How other hardware compares on Pirate

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

HardwareHashrateExpected blockChance in 1 year
Bitmain Antminer Z11E69.93 KH/s49.4 min100.00%

How the odds have moved

Pirate's network hashrate climbed 4% since 2026-09-08, from 3.32 MH/s to 3.46 MH/s — so the same rig is now 4% less likely to find a block.

Where to point a Bitmain Antminer Z11 at Pirate

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

How the odds are calculated

Solo mining is memoryless: every hash is an independent lottery ticket, so the wait for a block follows an exponential distribution rather than a fixed schedule. On average a block takes T = network_hashrate ÷ your_hashrate × block_time, and the probability of finding at least one within a window t is P = 1 − e^(−t/T). BackPoW uses this Poisson relation instead of a naive linear estimate. For this pair: daily chance 100.00%, yearly chance 100.00%.

Frequently Asked Questions: Bitmain Antminer Z11 on Pirate

Can you solo mine Pirate with a Bitmain Antminer Z11?

Yes — a Bitmain Antminer Z11 (134.76 KH/s) can solo mine Pirate (ARRR) via a solo pool. At Pirate's 3.46 MH/s Equihash network that is about 20,501 blocks per year — expected one block roughly every 25.7 min, for the full 0.2500 ARRR block. BackPoW computes this from live network difficulty using a Poisson block-discovery model.

Is Equihash ASIC-resistant, and where does the Bitmain Antminer Z11 stand?

Equihash is an ASIC-resistant GPU algorithm relying on memory bandwidth. The Bitmain Antminer Z11 ranks #1 of 2 GPUs on Pirate. It operates in the Mid-Range Tier (middle quartile), offering solid pool mining throughput with moderate solo variance.

What is the operating power cost and breakeven electricity rate for a Bitmain Antminer Z11 on Pirate?

At 1,418 W, operating a Bitmain Antminer Z11 consumes 34.03 kWh/day (1035.8 kWh/month). At standard electricity (0.069 USD/kWh), the power bill is 2.35 USD/day (71.47 USD/month). The operational breakeven threshold is 0.125 USD/kWh.

What happens if my Bitmain Antminer Z11 encounters a severe dry spell on Pirate?

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 1.3 hours, accumulating roughly 0 USD in power costs.

Alternative Mining Options for Bitmain Antminer Z11

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

CoinExpected blockBlock valuePool earnings / Day
Komodo (KMD)3.4 min0.00 USD1.42 USD
Kerrigan-Equihash (KRG)8.2 min0.05 USD7.93 USD
Zcash (ZEC)195 days1,660 USD8.50 USD