MicroBT Whatsminer M56S (ASIC) Mining Profitability & Solo Block Chance

See the daily, monthly and annual mining profitability of the MicroBT Whatsminer M56S 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.

MicroBT Whatsminer M56S at a glance

Top MicroBT Whatsminer M56S coins by daily revenue

Estimated gross mining revenue per day at the MicroBT Whatsminer M56S's rated hashrate, using live network difficulty and coin prices (before electricity and pool fees):

Recommended solo mining pools for the MicroBT Whatsminer M56S

To solo mine with the MicroBT Whatsminer M56S, 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):

Compare all BitcoinII solo mining pools & stratum fees →

Frequently asked questions

What coins can I mine with the MicroBT Whatsminer M56S?

The MicroBT Whatsminer M56S (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 MicroBT Whatsminer M56S for mining?

Profitability of the MicroBT Whatsminer M56S 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 MicroBT Whatsminer M56S?

Right now the single highest-earning coin for the MicroBT Whatsminer M56S is BitcoinII (BTCII), at about $9.45/day gross (gross, before electricity). BackPoW re-ranks every mineable coin daily using live network difficulty and prices, so this can change.

Can the MicroBT Whatsminer M56S solo mine?

Yes. BackPoW computes the MicroBT Whatsminer M56S'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 MicroBT Whatsminer M56S take to solo mine one BitcoinII block?

About one BitcoinII (BTCII) block every 14.2 h on average at the MicroBT Whatsminer M56S'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 MicroBT Whatsminer M56S?

You can solo mine BitcoinII with the MicroBT Whatsminer M56S 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 MicroBT Whatsminer M56S?

The MicroBT Whatsminer M56S breaks even at approximately 0.0710 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 MicroBT Whatsminer M56S

Similar hardware to the MicroBT Whatsminer M56S

Other SHA-256 ASICs with comparable hashrate:

More on BackPoW