Minage d'Ethereum Classic en 2026 : le Jasminer X44-P domine un marché en déclin pour le matériel ETC rentable.

⚠️ Avis de non-responsabilité : Mining profitability fluctuates with electricity costs, cryptocurrency prices, and network difficulty. All figures reflect conditions as of June 4, 2026, with ETC at $7.90 and electricity assumptions as labeled. Past performance does not indicate future results. Conduct your own due diligence before purchasing mining equipment.

Ethereum Classic has never been the loudest name in crypto mining, but it has earned a reputation for consistency. At $7.90 per ETC in June 2026, the Etchash algorithm continues to reward operators who run the right hardware at the right electricity rate. The challenge is that “right hardware” now means a very short list: most ETC miners on the market today are unprofitable at anything above $0.07/kWh, and several are operating at a loss even at industrial power rates. This article examines the full ETC miner market, identifies which machines are generating positive returns, and provides a complete ROI breakdown for the clear market leader, the Jasminer X44-P.

Why ETC Mining Still Has a Niche in 2026

Ethereum Classic has maintained its proof-of-work chain since the 2016 DAO fork, surviving through Ethereum’s own transition to proof-of-stake in 2022. With Ethereum GPU miners largely forced off the network after that transition, the remaining Etchash ecosystem (Etchash is ETC’s mining algorithm, a variant of the original Ethash) is now dominated by purpose-built ASICs — application-specific integrated circuits designed exclusively to compute that algorithm. The network runs without a scheduled end date for mining, and ETC’s fixed issuance schedule has continued its 20% emission reduction every five million blocks.

At $7.90, ETC is not at a cycle high. The coin peaked above $40 during the 2021 bull run and has traded between $6 and $15 for most of 2025–2026. Miners who entered the market at higher ETC prices are either running machines with very low electricity costs or sitting on paper losses from initial hardware investments. The honest picture is that ETC mining today requires either cheap electricity, a long time horizon, or a thesis on ETC price appreciation — preferably some combination of all three.

Which ETC Miners Are Currently Profitable?

Of the Etchash ASIC models currently available at BT-Miners, only a handful generate positive net income at $0.07/kWh electricity. The table below ranks the profitable machines at that benchmark rate.

Note: All net income figures use ETC price $7.90 as of June 4, 2026, at $0.07/kWh electricity. Models not listed here produce negative net income at this electricity rate. Use the Calculateur de rentabilité BT-Miners pour modéliser votre scénario spécifique.

By daily net income, the Jasminer X44-P leads the profitable ETC miner field by a significant margin — it earns nearly three times more per day than the second-best machine, the iPollo V2. Most of the other profitable machines have very long ROI windows (6–16 years at $0.07/kWh), which makes new purchases difficult to justify on economics alone at current ETC prices.

Jasminer X44-P: Full Specifications and ROI Analysis

Spécifications matérielles

The Jasminer X44-P is an industrial-grade Etchash ASIC built around Jasminer’s high-density 3D stacking architecture. Its specifications as sold at BT-Miners:

• Hachrate: 23.4 GH/s (Etchash)
• Consommation d'énergie: 2,550 W (±10 %)
• Rendement : 109 J/GH
• Facteur de forme: montage en rack industriel
• Climatisation Air-cooled with integrated fans
• Niveau de bruit: ~75 dB (requires server-room or warehouse environment)
• Price (BT-Miners): $11,200

At 109 J/GH, the X44-P is the most efficient Etchash miner currently in production. The nearest competitor, the iPollo V2 at 10 GH/s with 1,500W, runs at 150 J/GH — 38% less efficient per unit of hashrate. For operators negotiating power contracts, efficiency directly translates to margin, which is why the X44-P maintains a commanding lead in net income per dollar invested.

ROI at Multiple Electricity Rates

The table below shows daily net income and payback period for the Jasminer X44-P across a realistic range of electricity costs. The gross daily income of $12.16 is based on ETC at $7.90 and 23.4 GH/s hashrate against current network difficulty.

Note: Daily power cost = 2,550W × 24h ÷ 1,000 × rate. All figures assume ETC at $7.90. Network difficulty changes will shift these numbers. Model your specific scenario using the Calculateur de rentabilité BT-Miners.

The ROI picture is honest: at $7.90 ETC, this machine pays back in 3.2 to 10.4 years depending on electricity cost. That is a long horizon. Operators considering this hardware should treat it as a long-duration position in ETC, not a short-cycle trade.

Who Should Consider ETC Mining in 2026?

Industrial Operators with Low Power Costs

The X44-P makes the strongest case for operators running at $0.04–$0.07/kWh — data centers, hydro-adjacent mining farms, or facilities with direct utility agreements. At $0.04, the machine returns roughly $9.71 per day and breaks even in 38 months. This is not the fastest ROI in mining today (ZEC and XMR ASIC models are significantly faster), but it represents a meaningful return for diversified operations that want Etchash exposure.

Miners Betting on ETC Price Recovery

The ROI analysis above assumes ETC stays at $7.90. If ETC returns to $15 — a price it last held in early 2024 — the gross daily income roughly doubles to around $24, and the X44-P’s ROI at $0.07/kWh would drop to approximately 20–22 months. ETC has shown significant price volatility in both directions over its history. Operators entering now are implicitly making a price thesis.

Who Should Not Buy an ETC Miner Right Now

Anyone paying above $0.10/kWh will struggle to justify the X44-P on current economics — the 5-year payback at $0.10 and the 10-year payback at $0.15 make this a speculative instrument, not a capital-efficient purchase. Most smaller-scale ETC miners (the iPollo V2X, Jasminer X16-Q Pro) generate less than $0.35/day net at $0.07/kWh, which makes them difficult to justify at any reasonable electricity rate. A Zcash miner like the Antminer Z15 Pro Monero miner like the Antminer X9 currently offers much faster capital return for equivalent investment.

Beyond electricity costs, buyers should also factor in risks specific to long-horizon investments: ETC mining hardware can become economically obsolete if a more efficient ASIC generation arrives and drives up network difficulty; ETC network difficulty rising independently of price would compress net income further; and regulatory changes affecting cryptocurrency mining in certain jurisdictions could force operational adjustments mid-payback. These are not unique to ETC mining, but they matter more when the base-case ROI already spans multiple years.

ETC Price Sensitivity: What Happens If ETC Moves?

The ROI tables above are anchored to $7.90 ETC. Because ETC has historically traded in a wide range, it is worth examining how different price scenarios affect the X44-P’s economics.

Note: Gross income scales linearly with ETC price at constant network difficulty. Actual earnings will vary as difficulty adjusts. These figures are illustrative only and are not price forecasts.

At $12–$15 ETC — a range the coin occupied in 2023–2024 — the X44-P’s ROI compresses to 20–26 months at $0.07/kWh. At $20 ETC, payback falls to roughly 14 months. These scenarios are not forecasts; they illustrate the asymmetric upside that ETC price recovery creates for operators who enter the hardware position while prices are lower.

ETC Network and Coin Context

Ethereum Classic’s network hashrate has been relatively stable in 2025–2026. Block rewards follow a fixed decay schedule (the “Fifthening”), with the most recent reward reduction having already occurred. The next scheduled emission reduction will again cut rewards by 20% when the network reaches the next five-million-block milestone — exact timing depends on block pace but is not imminent in 2026.

ETC does not have a hard supply cap like Bitcoin, but its emission schedule creates predictable supply growth. The project has maintained its commitment to proof-of-work and the original Ethereum chain principles. ETC trades on all major exchanges and is supported by established mining pools including 2Mineurs and others with dedicated Etchash infrastructure. Pool selection matters for solo operators — choose pools with active ETC volume and reliable payout thresholds.

Verdict: Jasminer X44-P Is the Strongest Industrial ETC Option at Current Prices

Among Etchash miners currently available, the Jasminer X44-P leads on both daily income and efficiency. Its 23.4 GH/s output and 109 J/GH efficiency produce daily earnings nearly three times higher than the next best model. The tradeoff is a $11,200 price tag and a payback window measured in years, not months — a constraint imposed by ETC’s current price level, not the hardware itself.

Operators who run the X44-P at low electricity rates ($0.04–$0.07/kWh) and maintain a neutral-to-positive outlook on ETC pricing over the next 3–5 years are the realistic audience for this machine. For buyers focused on faster ROI and shorter payback cycles, the comparison to ZEC or XMR miners remains relevant: both ZEC and XMR ASICs at BT-Miners currently offer payback periods of 3–9 months at equivalent electricity rates, which is a fundamentally different capital-efficiency profile.

If ETC mining fits your diversification strategy and your power economics, the Jasminer X44-P is the machine to run. For everything else, use the BT-Miners profitability calculator to run a side-by-side comparison before committing capital.

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