Bitcoin mining electricity cost in Norway (NO1)
Your miner draws 3500 W and delivers 200 TH/s. Electricity is priced with the day-ahead prices in our own database for NO1 (average of the next 25 hours).
Electricity cost per bitcoin mined: € 19,878. Your breakeven electricity price is € 0.0806 /kWh at this BTC price.
Assumption: a bitcoin network hashrate of about 940 EH/s (changes continuously).
Cheapest vs most expensive hours
| Scenario | € / kWh | Cost per day |
|---|---|---|
| Average of the next 24 hours | 0.0227 | € 1.90 |
| 🟢 Cheapest hour (10:00–11:00 tomorrow) | 0.0023 | € 0.20 |
| 🔴 Most expensive hour (21:00–22:00 today) | 0.0837 | € 7.03 |
The BTC price field is prefilled with the live market price (€ 70708). Change it to your own expectation.
Embed this calculator on your site
Free, attribution-required. Paste this iframe into any blog or news article:
<iframe src="https://euenergy.live/tools/bitcoin-mining/embed?zone=NO1&watts=3500&ths=200&btc=70708" width="100%" height="620" style="border:1px solid #ddd;border-radius:6px" loading="lazy" ></iframe>
How it works
The calculator multiplies your miner's wattage by 24 hours and prices every kWh with the day-ahead prices euenergy collects for Norway. Mining revenue uses a network-share model: your share of the global hashrate, times roughly 144 blocks per day, times the 3.125 BTC block reward.
Not included: pool fees (typically around 1%), hardware cost, cooling, downtime and taxes. Network hashrate and difficulty change constantly, so treat the revenue as an estimate. This is not financial advice — at typical European electricity prices, home mining rarely beats simply buying bitcoin.