
ASIC Pricing: What Dollars Per Terahash Really Means [FOCUS]
About this episode
In this HashrateUp Focus episode, Jesse breaks down how to properly compare ASIC prices – and why looking at the sticker price alone can be misleading.
Jesse walks through two key metrics every miner should know: dollars per terahash ($/TH) and efficiency-adjusted pricing ($/TH/eff). Using a live spreadsheet, he shows how dividing total price by hashrate gives you a standardized way to compare machines – and then takes it a step further by factoring in efficiency (joules per terahash) to reveal the true cost premium between models like the M70 and S21 XP.
The episode provides a practical framework: instead of asking "which ASIC is cheapest?", the right question is "how much compute and efficiency am I actually buying per dollar?" – a concept Jesse uses daily with his advisory clients to help them make smarter hardware decisions.
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