What does it cost to mine a Bitcoin? Try the free benchmark

Built for Bitcoin mining operations

The CFO layer for Bitcoin miners.

See what each site earned, what it cost, and the Bitcoin price where it stops paying. Trace every number to your Bitcoin activity and bring reconciled books into QuickBooks.

The mining subledger behind your financial reporting.

Site economicsSample account · August 2026Price scenarioIllustrative
Revenue at the selected price
$37,3170.459 BTC received in August
Profit after site cash costs
$11,717From the costs you file
Profit fully loaded
$7,801After depreciation and $400 overhead
$81,300Sample price

Drag to see how each site's profit changes with the Bitcoin price.

  • North site Covering full cost
    Revenue
    $18,211
    After cash costs
    $7,911
    Fully loaded
    $5,978
  • South site Covering full cost
    Revenue
    $11,219
    After cash costs
    $3,019
    Fully loaded
    $1,769
  • Hosted fleet Covering full cost
    Revenue
    $7,886
    After cash costs
    $786
    Fully loaded
    $453

Illustrative sites. Costs held at August levels. Revenue shown at the selected price.

We reproduced a multi-site miner's monthly close from its source data and reconciled it to the existing books.

Understand each site

The questions your pool dashboard can't answer.

See revenue when it arrived, less the costs you file. Compare profit and break-even by site. Gains on Bitcoin sales stay separate.

01

Which site actually made money last month?

Revenue at the price it landed, minus the costs you file, site by site.

Profit by siteSample account · August 2026ReviewIllustrative
Site revenue at receipt, filed costs and profit, August 2026
SiteRevenue at receiptSite cash costs DeclaredProfit after costsAfter depreciation
North site0.224 BTCFrom exchange. 8 payouts, valued at receipt.Declared. From the costs you file.$7,904$5,971
South site0.138 BTCImported. 6 payouts, valued at receipt.Declared. From the costs you file.$3,004$1,754
Hosted fleet0.097 BTCImported. 5 payouts, valued at receipt.Declared. From the costs you file.$805$472
Unallocated overheadNoneDeclared. Company cash overhead, not allocated to a site.Not in site profit−$400
Company$37,313$25,600$11,713$7,797

North is the strongest site. Hosted fleet's older machines leave $472 after depreciation. Company profit also deducts $400 of declared cash overhead.

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From payouts to the books

Your numbers. With a path back to the source.

  1. Follow the Bitcoin

    Connect Kraken and on-chain wallets, or import exchange CSVs. Map payout addresses to sites and keep unmatched activity visible for review.

  2. Understand each site

    Revenue, costs and profit by site.

  3. Close and share the books

    A reviewable handoff to QuickBooks.

Trace any number

TraceSample account · August 2026RevenueIllustrative

August revenue at receipt Choose a figure to trace it

Company revenue at receipt$37,313

Close and share the books

A reviewable handoff to QuickBooks.

Review categorization and cost basis before approving a QuickBooks export. Keep the full transaction history in Flash so your accountant can trace the entries.

Monthly closeSample account · August 2026LockedIllustrative
Step 7 of 70:24 elapsed · 0:06 left
Step 7 of 7

Review and lock. Reviewed and locked. Later changes are recorded as corrections.

August 2026 · Version 1 · Locked
Revenue at receipt
$37,313
Fully loaded costs
$29,516
Profit
$7,797
Correction recordedSep 4, 2026 · appended after lock

Site cost classification corrected. Original close retained.

Built around your numbers

Understand them. Put them in front of someone else.

For the operator

See revenue by site and the gains on the Bitcoin you sell. Keep receipts, transfers and disposals distinct.

Explore Flash for miners

For the people reviewing your books

Give your accountant or finance team a path from the reported number to the transaction and cost basis behind it.

Free accountant access

Free mining cost benchmark

Start with an estimate.

Estimate your mining costs and compare electricity costs with public miners. Then see what your own books show.

Flash calculates the same three tiers from your own books, site by site.

Try the free benchmark
01ElectricityPower only
02Site cash costThe cost of running your site
03Full operating costIncluding depreciation and cash overhead

No login. Your calculations stay in your browser.

Payments belong in the same books.

Bitcoin invoicing, plus US card and ACH through payment partners on request.

Explore payments

Books start at $30 a month.

Your first site is included, priced by size. Add sites from $50/month each, based on rig count. Accountant access is free.

See pricing
Three small sites$130/month
  • Books, first site$30
  • Additional site$50
  • Additional site$50

$30 Books + two additional sites at $50 each.

Each additional site has fewer than 100 rigs.

See what your own numbers show.

Start with a setup call. We will agree a month of data and walk through how Flash brings it into the books.

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