Magicminer BG02 (ASIC) Mining Profitability & Solo Block Chance
See the daily, monthly and annual mining profitability of the Magicminer BG02 ASIC across every compatible proof-of-work coin, plus its solo block-hit probability. BackPoW uses live network difficulty and coin prices, and lets you set your electricity cost and pool fee to get realistic net profit figures.
Magicminer BG02 at a glance
- Type: ASIC
- Mineable coins: 9
- Primary algorithm: SHA-256
- Hashrate: 6.99 TH/s
- Power draw: 150 W
- Efficiency: 21.5 J/TH
- Current market price: $290–$380 (estimated market price, median $339)
- Payback period: ~14.9 years (median price ÷ best net daily profit at $0.069/kWh)
- Breakeven electricity rate: 0.0863 USD/kWh — mining becomes unprofitable above this electricity tariff
- Efficiency rank: #71 of 201 by energy efficiency among SHA-256 ASICs
- Expected time to solo mine 1 BitcoinII block: ~18.0 days at the Magicminer BG02's rated hashrate
- Most profitable coin today: BitcoinII (BTCII) — ~$0.3108/day gross
- Top mineable coins: BitcoinII, Quai-SHA, Peercoin, Bitcoin, eCash
Top Magicminer BG02 coins by daily revenue
Estimated gross mining revenue per day at the Magicminer BG02's rated hashrate, using live network difficulty and coin prices (before electricity and pool fees):
- BitcoinII (BTCII) — ~$0.3108/day gross
- Quai-SHA (QUAI) — ~$0.2999/day gross
- Peercoin (PPC) — ~$0.2939/day gross
- Bitcoin (BTC) — ~$0.2737/day gross
- eCash (XEC) — ~$0.2713/day gross
Recommended solo mining pools for the Magicminer BG02
To solo mine with the Magicminer BG02, connect your rig's stratum configuration to a verified solo pool gateway so you receive 100% of the block reward when finding a block. Top verified solo pools for BitcoinII (BTCII):
- sneakattack.se — 0% fee (180.08 TH/s)
- jackpool.ru — 0.5% fee (35.24 TH/s)
- nitropool.net — 0.5% fee (11.72 TH/s)
- mining-dutch.nl — 1% fee (854.50 TH/s)
- solofury.com — 1% fee (514.42 TH/s)
Compare all BitcoinII solo mining pools & stratum fees →
Frequently asked questions
What coins can I mine with the Magicminer BG02?
The Magicminer BG02 (ASIC) can mine 9 proof-of-work coins on BackPoW, including BitcoinII, Quai-SHA, Peercoin, Bitcoin. Each coin shows its estimated hashrate, daily revenue and solo block-hit probability.
How profitable is the Magicminer BG02 for mining?
Profitability of the Magicminer BG02 depends on the coin, its network difficulty, the coin price, your electricity cost and pool fees. BackPoW ranks every mineable coin by daily, monthly and annual profit so you can pick the best target.
What is the best coin to mine with the Magicminer BG02?
Right now the single highest-earning coin for the Magicminer BG02 is BitcoinII (BTCII), at about $0.3108/day gross (gross, before electricity). BackPoW re-ranks every mineable coin daily using live network difficulty and prices, so this can change.
Can the Magicminer BG02 solo mine?
Yes. BackPoW computes the Magicminer BG02's solo block-hit probability per coin using a Poisson model based on live network hashrate, so you can gauge your realistic chance of finding a block.
How long would the Magicminer BG02 take to solo mine one BitcoinII block?
About one BitcoinII (BTCII) block every 18.0 days on average at the Magicminer BG02's rated hashrate, using BitcoinII's live network hashrate. Real results are random (Poisson) around this mean, recalculated every update.
Where can I solo mine with the Magicminer BG02?
You can solo mine BitcoinII with the Magicminer BG02 by connecting to verified solo stratum gateways such as sneakattack.se, jackpool.ru, nitropool.net. These pools forward 100% of the block reward directly to your wallet upon discovery (minus standard pool fees).
What is the breakeven electricity rate for the Magicminer BG02?
The Magicminer BG02 breaks even at approximately 0.0863 USD/kWh. If your electricity tariff is below this threshold, mining is profitable at current coin prices and network difficulty. Above this rate, power costs exceed daily revenue and the miner operates at a loss. BackPoW recalculates this figure every update.
Coins you can mine with the Magicminer BG02
- Mine BitcoinII (BTCII) with the Magicminer BG02
- Mine Quai-SHA (QUAI) with the Magicminer BG02
- Mine Peercoin (PPC) with the Magicminer BG02
- Mine Bitcoin (BTC) with the Magicminer BG02
- Mine eCash (XEC) with the Magicminer BG02
- Mine BitcoinCash (BCH) with the Magicminer BG02
- Mine Fractal (FB) with the Magicminer BG02
- Mine DGB-SHA (DGB) with the Magicminer BG02
- Mine Unobtanium (UNO) with the Magicminer BG02
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