Bitaxe Mining is revolutionizing the Bitcoin world by giving small miners a chance at massive wins. The thinking behind Bitaxe is simple: it empowers hobbyists to compete with industrial miners using affordable, energy-efficient hardware.
The Bitaxe was invented in early 2023 by an electrical engineer, and Bitcoin enthusiast, named Skot. His work involved deconstructing Bitmain’s Bitcoin mining machines, and reverse-engineering one in order to create the blueprint for his open-source ASIC-based mining machine known as the Bitaxe.
As a result, modern-day home miners are upsetting the mining industry using a device that costs less than $200, and sips electricity like a smartphone charger. Skot’s invention put the power of ASIC mining into the hands of everyday hobbyists, this not only turned solo mining into something accessible, fun, and energy-efficient, but also proved that that one man’s innovation can change the world forever.
What Is Bitaxe Mining?
Bitaxe Mining is a fully open-source, plug-and-play Bitcoin miner that uses the same kind of ASIC chip found in commercial-grade miners from Bitmain—just scaled down and simplified for personal use. This little machine runs on just 10 to 18 watts, works entirely over Wi-Fi, and since it is a standalone device, precludes the need to own a PC or a giant mining farm. Inside each Bitaxe is a Bitmain ASIC chip (like the BM1397 or BM1370), paired with an ESP32-S3 microprocessor.
A Tinkerer’s Dream
The open-source nature of this tiny miracle explains its swift rise in the Bitaxe Mining world. Its fully configurable hardware system allows users to modify everything—from firmware to PCB layout from the firmware to the PCB layout. It’s a tinkerer’s dream. Add to that the extensive user base support that is offered through various online communities, such as the support forum offered here at AxeMiner.com.
The Thrill of Possibility
Every 10 minutes, the Bitcoin network creates a new block. Miners compete to solve it, and whoever succeeds wins the block reward of 3.25 BTC. With Bitaxe, each hash is like a lottery ticket; slim odds, but the thrill of possibility has captivated home miners around the globe. Consider that the odds of winning the Powerball jackpot are roughly 1 in 300,000,000, and Powerball draws only three times a week. One could buy three Powerball entries each week and cross their fingers, or purchase a Bitaxe one time and receive a lifetime of lottery drawings every ten minutes.
A Lineup for Every Hobbyist
Unlike expensive commercial rigs that cost thousands and guzzle electricity like a space heater, Bitaxe gives you a chance to strike digital gold for under $200—and with energy costs under 10 cents a day. There are several Bitaxe models, each tailored to different users:
Bitaxe Max (100 Series): ~400 GH/s, 15 W, BM1397 ASIC
Bitaxe Ultra (200 Series): ~500 GH/s, 15 W, BM1366 ASIC
Bitaxe Supra (400 Series): ~625 GH/s (775 GH/s burst), 15 W, BM1368 ASIC
Bitaxe Gamma (600 Series): 1.0–1.2 TH/s, 18 W, BM1370 ASIC
Bitaxe Hex (300 Series): ~3 TH/s using six ASICs, ~90 W—ideal for advanced users
The Interface: Friendly and Simple
Each Bitaxe features a small OLED display and a built-in web interface. Configuration is done via Wi-Fi, with no need for Linux terminals or extra software. These homes miners run on firmware called Axe OS, which provides access to real-time mining stats, like temperature, and hashrate, via any internet browser, such as Chrome or Firefox. Setup is so intuitive that solo mining enthusiasts can start mining within just minutes of unboxing the device.
Real-World Wins: Bitaxe Miners That Hit the Jackpot
Despite the steep odds—roughly 1 in 1 million per day for a 480 GH/s device—Bitaxe miners have, on multiple occasions, beat the large industrial miners by successfully hashing Bitcoin blocks, truly solidifying the David vs. Goliath spirit of the Bitaxe mining movement.
1. Block #853,742 (July 24, 2024): This was the first confirmed solo block mined with a Bitaxe device, showcasing the potential of low-power miners in solo mining. Reward: 3.13 BTC (approx. $206,000).
2. Block #887,212 (March 10, 2025): A solo miner using a Bit axe Ultra struck gold, earning 3.15 BTC (worth around $263,000 at the time).
3. Block #889,975 (Late March 2025): Another lucky Bit axe miner hit a block, again earning 3.15 BTC. Reward: 3.158 BTC (approx. $310,000)
4. Block #883,181 (February 10, 2025): While the exact hardware used remains unconfirmed, speculation suggests a Bitaxe device may have been employed.
Energy Costs: Bitaxe vs. Traditional Miners
|
Miner |
Speed |
Power Use |
Daily Cost @ $0.1595/kWh |
| Bit axe Ultra | 500 GH/s | 15 W | $0.057 |
| Bit axe Gamma | 1.2 TH/s | 18 W | $0.069 |
| Ant miner S19 Pro | 110 TH/s | 3,250 W | $12.44 |
The numbers speak for themselves: Bitaxe is insanely efficient. You’re mining for pennies a day compared to the $12+ daily bill from a traditional rig.
A Game Changer
Before Bitaxe, solo Bitcoin mining meant big investments and advanced technical know-how. Most people had no choice but to join mining pools or drop the idea entirely. Bitaxe changed the game. This open-source Bitcoin miner stands among the top in the market because of its configurable hardware system, easy-to-use software interface, and extensive user base support. It opens the door for enthusiasts, hobbyists, and novices to participate in solo mining on their own terms, and in their own homes. It also deeply optimizes the decentralization of Bitcoin’s network, making this tiny miracle a “win” for everyone.