* Mining profitability *

Bitaxe Gamma 601 (1.2 TH/s)

Name: Bitaxe Gamma 601 (1.2TH/s)
Brand: Bitaxe
Availability: OutOfStock

Gamma 601 Profit Calculator delivers accurate real-time profitabili…

Gamma 601 Profit Calculator delivers accurate real-time profitability insights powered by live network data. Discover how much your Gamma 601 can earn using our advanced ASIC miner calculator. We use current mining reward data, network difficulty, block rewards, and mar…

Released: August 2024

Manufacturer

Daily Block Chance

1 in 5.5M

1.2TH/s

Hashrate

17W

Power

Daily block odds Weak

1 in 5.5M Block worth $268,416

Solo Mining Analysis

Live Data

A lottery miner is judged on its odds and its running cost, not on daily yield. Both are calculated live.

One Block Is Worth $268,416

3.1509 BTC · Bitcoin price $85,224.00

Chance of hitting a block Bitcoin · SHA-256

Weak

Daily	Block worth $268,416	1 in 5.5M
Monthly	Block worth $268,416	1 in 181K
Yearly	Block worth $268,416	1 in 15.1K

Probability of solving at least one block in the period, at the current network difficulty of 132.76 T.

Electricity cost 17W · $0.080/kWh

Daily

$0.03

Monthly

$0.98

Yearly

$11.91

No Offer available

* Overview

Bitaxe Gamma 601 (1.2TH/s) — Hardware Overview

Learn more about this ASIC miner, including its specifications, performance, energy consumption, and profitability.

The Bitaxe Gamma 601 is the board that made Bitcoin lottery mining a movement. Released in August 2024 around a single Bitmain BM1370 chip, it deliver…

The Bitaxe Gamma 601 is the board that made Bitcoin lottery mining a movement. Released in August 2024 around a single Bitmain BM1370 chip, it delivers about 1.2 TH/s from roughly 17 W, which at 14.17 J/TH was a step change in efficiency for open-source home miners and remains competitive today. It is tiny, silent enough at 35 dB to live on a desk, connects over WiFi, and runs the open AxeOS firmware that lets you point it at any solo pool or at your own Bitcoin node. None of that is about profit. The Gamma 601 earns effectively nothing on an average day and it is not sold on the pretence that it does. It is a Bitcoin lottery ticket: every hash it produces is an entry in the next block draw, and a solved block pays the entire reward, currently in the hundreds of thousands of dollars, strai…

Which Coins This Miner Can Solo Mine

Every coin on this algorithm, with the odds of Bitaxe Gamma 601 (1.2TH/s) solving a block on its own against that coin's live network.

Currency Converter

Calculate the mineable coins to any currency.

Rate is for reference only. Updated just now.

Coin	Network Hashrate	Block worth	Chance Per Year	Chance Per Day
Bitcoin BTC · 1 in 15.1K / year	934.73 EH/s Difficulty 132.76 T	$268,416 3.1509 BTC	1 in 15.1K	1 in 5.5M Weak
Bitcoin Cash BCH · 1 in 60 / year	4.16 EH/s Difficulty 521.62 B	$965 3.125 BCH	1 in 60	1 in 21.6K Excellent
Fractal Bitcoin FB · 1 in 1 / year	192.32 PH/s Difficulty 2.01 B	$3 6.2574 FB	1 in 1	1 in 84 Excellent

Where to Buy?

Explore current market availability, trusted suppliers and the latest pricing and stock for this ASIC miner. V…

Explore current market availability, trusted suppliers and the latest pricing and stock for this ASIC miner. Verified vendors are clearly marked with a green checkmark. Verified Vendor means we have reviewed the company registration and verified their control…

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SHA-256 Lottery Miner Generations

Every solo lottery miner on this algorithm, ranked into generations by block odds — more hashrate means more tickets per second. The current generation is highlighted.

Gen 1

3 miners

Gen 2

3 miners

Gen 3

3 miners

Gen 4

3 miners

Gen 5

4 miners

Gen 6

4 miners

Gen 7

4 miners

Gen 8

4 miners

Generation 1

3 miners

Bitaxe Supra 401 (600GH/s | 14W)

1 in 11M

Bitaxe Ultra 1366 (425GH/s | 11W)

1 in 15.5M

Nerdminer V3 (1MH/s | 1W)

1 in 6.6T

Generation 2

3 miners

Bitaxe Gamma 602 (1.3TH/s | 15W)

1 in 5.08M

Bitaxe Gamma 601 (1.2TH/s | 17W)

1 in 5.5M

LuckyMiner LV07 1TH/s (1TH/s | 25W)

1 in 6.6M

Generation 3

3 miners

Bitaxe Gamma Duo 650 (1.63TH/s | 26W)

1 in 4.05M

Bitaxe Touch (1.6TH/s | 22W)

1 in 4.12M

HammerMiner BC01 (1.5TH/s | 23W)

1 in 4.4M

Generation 4

3 miners

Bitaxe Gamma Turbo (2.4TH/s | 35W)

1 in 2.75M

Bitaxe Turbo Touch (2.15TH/s | 45W)

1 in 3.07M

HammerMiner Thor X1 (2.1TH/s | 46W)

1 in 3.14M

Generation 5

4 miners

Bitaxe Supra Hex 701 (4.2TH/s | 90W)

1 in 1.57M

Canaan Avalon Nano 3 (4TH/s | 140W)

1 in 1.65M

NerdMiner NerdQaxe+ Hyd (2.5TH/s | 60W)

1 in 2.64M

NerdMiner NerdQaxe+ (2.5TH/s | 50W)

1 in 2.64M

Generation 6

4 miners

NerdMiner NerdQaxe++ (4.8TH/s | 76W)

1 in 1.37M

NerdMiner NerdQaxe++ Hydro (4.8TH/s | 76W)

1 in 1.37M

HammerMiner BC04 (4.8TH/s | 240W)

1 in 1.37M

LuckyMiner Miner LV08 (4.5TH/s | 120W)

1 in 1.47M

Generation 7

4 miners

NerdMiner NerdQX (8TH/s | 170W)

1 in 825K

HammerMiner Thor P2 (6.8TH/s | 155W)

1 in 970K

NerdMiner NerdQaxe++ Rev 6.1 (6TH/s | 103W)

1 in 1.1M

NerdMiner NerdQaxe++ Hydro Rev 6.1 (6TH/s | 103W)

1 in 1.1M

Generation 8

4 miners

NerdMiner NerdOCTAxe Rev 3.1 (12TH/s | 240W)

1 in 550K

HammerMiner BC08 (12TH/s | 250W)

1 in 550K

NerdMiner NerdOCTAxe (9.6TH/s | 160W)

1 in 687K

Bitaxe Gamma Hex (8.4TH/s | 140W)

1 in 786K

* Deep dive

Bitaxe Gamma 601 — In Detail

Bitaxe Gamma 601 (1.2TH/s) — a closer look at the hardware and how it performs.

Judge the Gamma 601 the way you would judge a lottery ticket, not a business. The electricity rows on this page are what it costs to keep it entered,…

Judge the Gamma 601 the way you would judge a lottery ticket, not a business. The electricity rows on this page are what it costs to keep it entered, and at 17 W that is a rounding error next to a production ASIC. The chance rows are the probability of solving at least one block in a day, a month or a year against live network difficulty, and the block value is what a hit pays. Bitcoin's network is enormous, so the odds for a single Gamma are long, but they are not zero, and solo blocks have been found by exactly this class of hardware. Every hash has the same chance as a hash from an industrial farm; the Gamma just produces fewer of them. Where it shines is as the reference open-source Bitcoin miner: the schematics, firmware and bill of materials are public, the community has forked and i…

* Lottery Miner

This Is a Solo Lottery Miner

Bought for the block, not for the daily yield. Here is what the odds above actually mean.

Bitaxe Gamma 601 is built for solo mining, not for daily yield. The profit figures above are calculated the same way as for every other machine on this site, but they are not why anyone buys one of these. A lottery miner is a ticket: it earns effectively nothing on an average day, and a single solved block pays the entire reward straight to your own address, with no pool taking a cut.

The chance rows under the profit table are the honest numbers. Your share of every block draw is simply this miner's hashrate divided by the whole network's hashrate, and the daily, monthly and yearly figures are the probability of solving at least one block in that time. Every hash has exactly the same chance as a hash from an industrial farm — there are simply fewer of them. Difficulty moves, so the odds are recalculated against live data.

Judge it on running cost and odds rather than on payback, and it stops looking irrational: the electricity in the expense column is the price of the ticket, the block value is the prize, and the rating next to the odds tells you how this machine compares with the rest of its class right now.

Compare all lottery miners and solo mining odds Bitcoin mining calculator

Bitcoin network Live

Daily chance of a block

1 in 5.5M

Weak

One Block Is Worth: $268,416
Block Reward: 3.1509 BTC
Network Hashrate: 934.73 EH/s
Difficulty: 132.76 T

Expected time to a block 5.5M days

* Full spec sheet

Technical Specifications

Bitaxe Gamma 601 (1.2TH) — full hardware specifications and mining capabilities.

Tap any value to copy it

Basic Information

Brand

Bitaxe

Model

Gamma 601

Release Date

August 2024

Algorithm

SHA-256

Performance

Hashrate

1.2 TH/s

Power Consumption

17W

Noise Level

35db

Voltage

100-240V

Physical Dimensions

Size

10 x 6 x 5mm

Weight

340gkg

Interface

WiFi

Humidity

5 - 95 %

Temperature

5 - 45 °C

Cooling

Air

Additional Information

Additional Notes

Educational or Solo mining device.

Mineable Cryptocurrencies

BTC

Bitcoin

BCH

Bitcoin Cash

Fractal Bitcoin

* The algorithm

Algorithm Information: SHA-256

SHA-256 — what this algorithm is and how it works.

SHA-256 is a cryptographic hash function. NiceHash relies on it for proof-of-work consensus. This algorithm processes input data of any length and produces a fixed hash value, ensuring security and integrity in the mining process.

Crypto Mining Pools

Connect to the most reliable mining pools and maximize your crypto mining efficiency with optimized uptime and profitability.

Pool Name	Fee & Payment	Connect
NiceHash Hashpower Marketplace	Reseller	Connect NiceHash
F2Pool Crypto Mining Pool	4% FPPS 2% PPLNS	Connect F2Pool
ViaBTC Crypto Mining Pool	4% PPS+ 2% PPLNS	Connect ViaBTC
AntPool Crypto Mining Pool	4% FPPS 2% PPLNS	Connect AntPool
EMCD Crypto Mining Pool	1.5% FPPS	Connect EMCD
Kryptex Crypto Mining Pool	3% PPS+	Connect Kryptex
BinancePool Crypto Mining Pool	2.5%	Connect BinancePool

User Reviews

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* Answers Bitaxe

Frequently Asked Questions

Everything you need to know about solo mining with the Bitaxe Gamma 601 (1.2TH)

At the current network difficulty the Bitaxe Gamma 601 (1.2TH/s) has a 1 in 5.5M chance of solving a block per day, which works out to 1 in 15.1K over a full year of continuous running. The figures are recalculated against live network data, so they move as difficulty moves.

Not in the way a production ASIC is. Its expected daily earnings are effectively zero, and the electricity cost shown above is paid every day regardless. Nobody buys a lottery miner for yield — they buy it for a genuine, non-custodial shot at a full block reward, and for the ability to mine on their own node. Judge it on running cost and odds, not on payback.

The full block reward, currently worth about $268,416, plus every transaction fee in that block is paid to the address you configured. On a public solo pool the pool takes a small fee first; on your own node nothing is taken. The coinbase output has to mature for a number of blocks before it can be spent.

At 17W and your electricity rate of $0.080/kWh it costs about $0.03 per day, $0.98 per month and $11.91 per year. That is the real price of the lottery ticket.

Your cumulative chance goes up because you enter more draws, but you never become due. Every hash is an independent trial with identical odds, so the network has no memory of the time you already spent. The yearly figure above is exactly that cumulative chance over twelve months.

Any coin on the SHA-256 algorithm — the table above lists each one with its own network size and block odds.

No. A public solo pool builds the block templates for you and pays the finder the full reward minus a small fee, and it works out of the box. Running your own full node with a solo stratum server is the sovereign version: you build your own templates, choose your own transactions and answer to nobody. Same hardware, one weekend more setup.

Hashrate is tickets and efficiency is the ticket price: doubling hashrate doubles the odds, and better efficiency buys the same odds for less electricity. The rating next to the daily chance places this machine among the lottery miners of its algorithm right now, and the generations ladder above ranks every one of them by efficiency.

This miner is not currently listed by any of our verified vendors. Check back soon — new listings appear as soon as a vendor adds one.

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Bitaxe Gamma 601 (1.2 TH/s)

Solo Mining Analysis

Bitaxe Gamma 601 (1.2TH/s) — Hardware Overview

Which Coins This Miner Can Solo Mine

Currency Converter

Where to Buy?

No Offers Available

SHA-256 Lottery Miner Generations

Bitaxe Gamma 601 — In Detail

This Is a Solo Lottery Miner

Technical Specifications

Basic Information

Performance

Physical Dimensions

Additional Information

Mineable Cryptocurrencies

Algorithm Information: SHA-256

Crypto Mining Pools

User Reviews

No Reviews Yet

Frequently Asked Questions

What are the odds of the Bitaxe Gamma 601 finding a block?

Is the Bitaxe Gamma 601 profitable?

What happens if the Bitaxe Gamma 601 finds a block?

How much does it cost to run the Bitaxe Gamma 601?

Does running the Bitaxe Gamma 601 longer improve my chances?

Which coins can the Bitaxe Gamma 601 solo mine?

Do I need my own node to solo mine with the Bitaxe Gamma 601?

How does the Bitaxe Gamma 601 compare with other lottery miners?

Where can I buy the Bitaxe Gamma 601?