Bitmain Antminer Z15, Z11, Z9
Antminer Z15, Z11, Z9 Profitability Calculator
Estimate daily profit for each model below. Enter your electricity price and the current Equihash revenue per kh/s/day — you can look up today's figure on WhatToMine and type it in below.
| Model | Hashrate | Power | Daily revenue | Daily power cost | Daily profit |
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Estimates only. Actual earnings vary with network difficulty, pool luck, coin price movements, and firmware/overclock tuning.
What Is the Profit Calculator Antminer Z15, Z11, Z9 for Equihash
The table below lists the technical specifications of every model covered on this page, but raw hashrate and power numbers alone do not tell you whether mining is actually profitable at your location. This Antminer Z15, Z11, Z9 Profitability Calculator takes those specs and combines them with your own electricity price and current Equihash market conditions to estimate real daily revenue, power cost, and net profit for each model side by side. It is meant as a quick, practical sanity check before buying or deploying hardware -- not a substitute for monitoring live difficulty and price data, which change constantly.
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ASIC Model series:
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ASIC Release: |
Hashrate:
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ASIC Power:
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ASIC Algo:
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Jul 2023 |
840kh/s
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2780W
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Equihash
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Jun 2020 |
420kh/s
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1510W
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Equihash
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Jun 2019 |
135kh/s
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1418W
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Equihash
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Sep 2018 |
42kh/s
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970w
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Equihash
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Jun 2018 |
10kh/s
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300
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Equihash
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Modified ASIC Firmware for Antminer Z series
(15-25% improvement) download here
The Equihash mining algorithm has long been one of the most important Proof-of-Work systems in the cryptocurrency ecosystem. Designed to be memory-hard and resistant to early GPU dominance, Equihash quickly became a prime target for ASIC miners, especially those developed by Bitmain Antminer.
Today, Equihash ASIC miners dominate the ecosystem, delivering unmatched performance, stability, and long-term mining reliability. This article provides an in-depth look at Equihash, the most relevant ASIC Antminer models, supported coins, network difficulty, mining pools, user experiences, and long-term hardware viability.
What Is the Equihash Mining Algorithm?
The Equihash algorithm is a Proof-of-Work (PoW) hashing algorithm based on the generalized birthday problem. It was initially promoted as GPU-friendly, but over time, highly optimized ASIC hardware took over due to its superior efficiency and hash density.
Equihash is used by several privacy-focused and performance-oriented blockchains. Its algorithmic design emphasizes memory usage, which makes ASIC miners with custom memory layouts significantly more efficient than GPUs or CPUs.

Why ASIC Miners Dominate Equihash Mining
While Equihash was originally intended to limit ASIC dominance, the rise of Equihash ASIC miners changed the landscape permanently.
ASIC advantages include:
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Extremely high hash rates
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Lower power consumption per solution
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Stable long-term operation
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Optimized firmware for Equihash parameters
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Reduced maintenance compared to GPU rigs
Today, Equihash mining without ASICs is generally unprofitable, especially on major networks.
Coins That Can Be Mined With Equihash ASIC Miners
Before diving into hardware, it’s important to understand which cryptocurrencies rely on the Equihash algorithm.
Major Equihash Coins
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Zcash (ZEC) – the primary Equihash coin
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Horizen (ZEN)
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Komodo (KMD)
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Bitcoin Gold (BTG)(Equihash-BTG variant)
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ZClassic (ZCL)
Not all Equihash ASIC miners support all variants. Always verify compatibility with the specific Equihash parameters used by the coin.
Equihash Network Difficulty & Mining Economics
Network difficulty in Equihash-based coins dynamically adjusts according to total network hash power. As more ASIC miners join the network, difficulty increases, reducing rewards per TH/s.
Key economic factors include:
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Electricity price (critical for ASIC profitability)
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Coin market price volatility
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Pool fees
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ASIC efficiency (H/s per watt)
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Block reward halvings
High-performance ASICs such as Antminer Z15 Pro remain profitable longer during difficulty increases.
Best Equihash Mining Pools for ASIC Miners
Selecting the right mining pool is essential for consistent payouts and low downtime.
Popular Equihash ASIC Mining Pools
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Flypool (Zcash focused)
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F2Pool
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Luxor Mining
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ViaBTC
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MiningPoolHub
Each pool varies in payout methods (PPS, PPLNS), fee structure, and server availability.
What Makes Zcash (ZEC) Different
Zcash, the primary coin mined by the Antminer Z-series, launched in October 2016 and is best known for pioneering zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge) in a production cryptocurrency, allowing fully encrypted "shielded" transactions where the sender, receiver, and amount can all be hidden while the transaction is still verified as valid by the network. Note that not every Equihash coin uses the exact same parameters: Zcash uses Equihash 144,5, while some other Equihash-based coins use different parameter sets (such as 192,7 or 210,9), which are not always compatible with the same ASIC hardware -- always check which specific Equihash variant a Z-series miner supports before assuming it will work on a given coin.
Antminer ASIC Lineup for Equihash Mining
Bitmain has released multiple generations of Equihash ASIC miners, each targeting different efficiency and performance levels. Below is a professional breakdown of each model.
Antminer Z15 Pro ASIC – Flagship Equihash Miner
The Antminer Z15 Pro ASIC represents the pinnacle of Equihash mining hardware. It is designed for industrial-scale operations with maximum efficiency and sustained hash performance.

Antminer Z15 Pro ASIC
Technical Specifications – Antminer Z15 Pro ASIC
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Algorithm: Equihash
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Hashrate: ~840 kSol/s
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Power Consumption: ~2560 W
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Efficiency: ~3.05 J/kSol
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Release Date: 2023
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Cooling: High-performance dual-fan
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Noise Level: ~75 dB
This ASIC is ideal for professional mining farms with low electricity costs and advanced cooling systems.
Antminer Z15 ASIC – Proven Equihash ASIC Workhorse
The Antminer Z15 ASIC became one of the most widely deployed Equihash miners due to its balance between cost, performance, and reliability.

Antminer Z15 ASIC
Technical Specifications – Antminer Z15 ASIC
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Algorithm: Equihash
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Hashrate: ~420 kSol/s
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Power Consumption: ~1510 W
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Efficiency: ~3.6 J/kSol
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Release Date: 2020
Even years after release, the Z15 remains operationally relevant in regions with moderate electricity pricing.
Antminer Z11 ASIC – Entry-Level Professional ASIC
The Antminer Z11 ASIC marked a major generational shift from early Equihash miners, doubling efficiency compared to older models.

Antminer Z11 ASIC
Technical Specifications – Antminer Z11 ASIC
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Algorithm: Equihash
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Hashrate: ~135 kSol/s
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Power Consumption: ~1418 W
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Release Date: 2019
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Efficiency: ~10.5 J/kSol
The Z11 is often used as a secondary miner or in mixed ASIC environments.
Antminer Z9 ASIC – First-Generation Equihash ASIC
The Antminer Z9 ASIC was one of the earliest successful Equihash ASIC miners, marking the beginning of ASIC dominance in this algorithm.

Antminer Z9 ASIC
Technical Specifications – Antminer Z9 ASIC
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Algorithm: Equihash
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Hashrate: ~40 kSol/s
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Power Consumption: ~1150 W
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Release Date: 2018
While largely obsolete for profitability, Z9 units are still used for testing, learning, or low-difficulty networks.
Antminer Z9 Mini ASIC – Compact Equihash ASIC
The Antminer Z9 Mini ASIC was designed for hobbyists and small-scale miners.

Antminer Z9 Mini ASIC
Technical Specifications – Antminer Z9 Mini ASIC
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Algorithm: Equihash
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Hashrate: ~10 kSol/s
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Power Consumption: ~300 W
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Release Date: 2018
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Noise Level: Lower than full-size ASICs
Today, this ASIC is mainly used for educational or experimental purposes.
User Experiences With Equihash ASIC Miners
User feedback across forums and mining communities highlights several recurring themes:
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High stability compared to GPU rigs
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Predictable performance with proper cooling
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Noise and heat as major operational challenges
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Firmware updates significantly improve efficiency
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ROI highly dependent on electricity pricing
Professional users strongly recommend voltage-stable power supplies and dust-free environments.
Repairability, Resale Value & ASIC Longevity
Bitmain ASIC miners typically include a 180-day manufacturer warranty, but long-term users rely heavily on third-party repair services.
Important considerations:
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Hash board repair availability
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Power supply replacements
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Resale value of newer ASIC models
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Compatibility with aftermarket firmware
Newer models like Z15 Pro ASIC maintain resale value significantly longer than older generations.
The Equihash mining algorithm has evolved into an ASIC-dominated ecosystem, where performance, efficiency, and hardware reliability define success. Bitmain’s Antminer ASIC lineup, from the Z9 series to the powerful Z15 Pro, provides miners with scalable options for different budgets and energy costs.
Choosing the right ASIC miner, optimizing pool selection, and controlling operational costs are the keys to long-term Equihash mining profitability.
