Accounting Software for
Bitcoin Mining Operations

Track every aspect of your mining operation in one place. Wallets, revenue deposits, electricity costs, and hardware depreciation. Not a mining pool dashboard — a proper accounting system for miners who need real books.

Wallet Management

Register every wallet your operation uses — cold storage, hot wallets, and pool payout addresses. Track balances and record every deposit and withdrawal.

Every Wallet, Every Transaction,
One Ledger

Mining revenue arrives in different wallets at different times. Pool payouts hit one address, you sweep to cold storage, you move funds to an exchange. Vibe Ledger tracks all of it with wallet-level transaction history so you always know where your BTC is and how it got there.

Each wallet is registered with its address and type. Deposits from mining pools are recorded as revenue. Transfers between your own wallets are tracked without double-counting. Withdrawals to exchanges or vendors are logged with full audit trails.

  • Register hot, cold, and pool payout wallets
  • Record deposits (mining revenue) and withdrawals
  • Track per-wallet transaction history and running balance
  • Internal transfers between wallets without double-counting
Cold Storage Primary Vault bc1q...x7f2
2.450 BTC
Pool Payout Foundry USA bc1q...m3k8
0.087 BTC
Hot Wallet Operations bc1q...p9r1
0.312 BTC

Electricity Cost Tracking

Power is the largest operating expense for any mining operation. Track it accurately with configurable rates, consumption logging, and cost-per-coin calculations.

Electricity — March 2026
Rate $0.068/kWh
Monthly Usage 14,400 kWh
Monthly Cost $979.20
Cost per BTC Mined $4,896.00

Know Exactly What
Your Power Costs

Set your electricity rate per kWh and log your consumption on a daily, weekly, or monthly basis. Vibe Ledger calculates your total power cost for each period and divides it by BTC mined to give you an accurate cost-per-coin figure.

If your utility uses tiered pricing or you have different rates for peak vs. off-peak hours, you can configure multiple rate tiers. The system applies the correct rate to each consumption block so your cost calculations reflect what you actually pay.

  • Set electricity rates per kWh with tiered rate support
  • Log daily, weekly, or monthly power consumption
  • Automatic cost-per-BTC-mined calculation
  • Period-over-period power cost comparison

Hardware Depreciation

Mining hardware is a capital expenditure, not a monthly cost. Track each unit as a fixed asset with straight-line depreciation schedules that run automatically.

Depreciate Hardware the
Way Accountants Do

Add each miner, power supply, or networking unit with its purchase price, acquisition date, and expected useful life. Vibe Ledger calculates monthly depreciation using the straight-line method and tracks accumulated depreciation and net book value over time.

When hardware reaches end of life or you sell it, the asset is retired or disposed of with the appropriate accounting entries. No more guessing whether that Antminer you bought 18 months ago is still on your books at full price.

  • Register hardware with purchase price, date, and useful life
  • Straight-line depreciation calculated monthly and annually
  • Track accumulated depreciation and net book value
  • Asset retirement and disposal with proper journal entries
Fixed Asset — Mining Hardware
Antminer S21 Pro
Acquired Jan 15, 2026 · 36-month useful life
Purchase Price $5,499.00
Monthly Depreciation $152.75
Accumulated (2 months) $305.50
Net Book Value $5,193.50
Depreciation Progress
$305.50 depreciated $5,193.50 remaining

Mining Dashboard

See the financial health of your mining operation at a glance. Revenue, costs, and profitability — updated as you log data.

BTC

Total BTC Mined

Running total of all mining revenue deposited across your wallets. Broken down by period so you can see monthly and quarterly production.

TH

Hash Rate Tracking

Log your operation's total hash rate over time. See how hardware additions, retirements, or downtime affect your output capacity.

kW

Total Power Draw

Aggregate power consumption across all hardware. Compare actual draw against rated wattage to identify efficiency issues.

P/L

Revenue vs. Cost

BTC revenue valued at time of receipt minus electricity, depreciation, and other operating costs. Period-over-period comparisons to track profitability trends.

Works With the Full Ledger

Mining Ops works as a standalone product at $14/mo. With Pro, your mining data flows directly into a full double-entry accounting system.

IS

Revenue on Your Income Statement

Mining revenue is recognized as income when BTC is received. It appears on your income statement alongside all other revenue streams, valued at fair market price at the time of receipt.

BS

Hardware on Your Balance Sheet

Mining rigs are recorded as fixed assets on your balance sheet. Depreciation reduces the carrying value each month, and the accumulated depreciation is tracked in a contra-asset account.

EX

Electricity as an Expense Category

Power costs are categorized and tracked alongside all your other operating expenses. See how electricity compares to hosting fees, internet, insurance, or any other cost your operation incurs.

TL

Tax Lots for Mined BTC

Every BTC deposit from mining creates a tax lot with a cost basis equal to fair market value at time of receipt. When you sell, FIFO disposal calculates your realized gain or loss automatically.

Full ledger integration, tax lots, and financial statements are available with the Pro plan ($49/mo).

Mining Ops Standalone, or Everything

Track your mining operation on its own, or as part of Pro which adds the full double-entry ledger, tax lots, and financial statements.

Standalone

Mining Ops

$14 /month

Wallet management, electricity cost tracking, and hardware depreciation for your mining operation. Everything you need to keep proper books on your rigs.

  • Wallet registration and balance tracking
  • Mining revenue deposit logging
  • Electricity rate and consumption tracking
  • Cost-per-BTC-mined calculation
  • Hardware depreciation schedules
  • Mining dashboard with period comparisons
Get Mining Ops — $14/mo

Your Mining Operation Needs Real Books

Spreadsheets don't calculate depreciation. Pool dashboards don't track electricity costs. This does both.

Get Started — $14/mo