Schwab Crypto Trading Adds 3 Coins: Miner Math
Schwab crypto trading now covers five assets. On Monday, November 9, Charles Schwab said Solana, Avalanche and Chainlink are “now available to buy and sell” in Schwab Crypto accounts, according to its press release. The blunt answer for miners: this is a big door for retail money, but it opens no bitcoin demand that was not already there.
What Schwab announced
The three new pairs are SOL/USD, AVAX/USD and LINK/USD. With bitcoin and ether, that makes five. Crypto News Flash confirms the launch date and the same list. Schwab prices trades at 75 basis points, or 0.75%, of the dollar value of each trade. The company calls that “among the lowest in the industry”.
Joe Vietri, Schwab’s head of digital assets, said: “We continue to expand Schwab Crypto to give clients greater choice and flexibility.”
The fine print
Schwab says Schwab Crypto became available to all eligible retail clients in October, after early access began in May 2026. Not every client qualifies. It is open in every U.S. state except New York and Louisiana. The press release also says the coins are not FDIC insured and not SIPC protected.
Crypto News Flash reports the platform offers no staking. The press release does not mention staking, so treat that as one outlet’s claim. Schwab says only that it plans to add more assets “over time”, with no names or dates. It also says it may delay, change or withdraw support for any announced asset.
What Schwab crypto trading means for miners
We think the effect on mining margins is small and indirect. Bitcoin was already on Schwab. The new coins compete for the same retail wallet, so some buyers may pick SOL over BTC. Others will simply find crypto easier to buy inside a brokerage they already use. Schwab has not published crypto balances or client counts, so nobody can size this yet. Our bitcoin price prediction page tracks the daily range.
Miner math: bitcoin hashprice today
Here is the live maths on November 9. Bitcoin is $74,993 and the network is 960 EH/s, so hashprice is about $35.48 per petahash per day. That is what one PH/s of hashing earns before power.
| Machine | 5c/kWh | 8c/kWh | 12c/kWh | Break-even |
|---|---|---|---|---|
| Antminer S19 (95 TH/s, 3250 W) | -$0.53 | -$2.87 | -$5.99 | 4.3c |
| Antminer S19k Pro (115 TH/s, 2645 W) | $0.91 | -$1.00 | -$3.54 | 6.4c |
| Antminer S19 XP (141 TH/s, 3010 W) | $1.39 | -$0.78 | -$3.67 | 6.9c |
| Antminer S21 Pro (234 TH/s, 3510 W) | $4.09 | $1.56 | -$1.81 | 9.9c |
Numbers are profit per day after electricity, at the three power prices shown. Break-even is the most you can pay per kilowatt-hour before the machine loses money. Specs are the manufacturer ratings; network data comes from mempool.space. Try your own power price in our free bitcoin mining profit calculator. See what these machines really sold for in our used ASIC miner price index. Want to run the same numbers on a machine you can buy today? See our used ASIC miners, or buy several at once through bulk lots.
If easier retail access lifted bitcoin 3%: the break-even power price on an S19k Pro rises from 6.4 to 6.6 cents per kilowatt-hour. At 8 cents, daily profit goes from -$1.00 to -$0.88.
Read that as a “what if”, not a forecast. If a machine loses money at your power price, a 3% lift does not save it. Know your delivered power cost first. Our mining economics guides show how.
If your machines no longer pay, you can sell us your used miners. To buy, see all miners.
-Nick
ING Mining
This is general information, not financial advice. Crypto is volatile, and exchanges can fail. Please do your own research.
How this story was made: drafted with the help of AI tools from public sources, then edited by Nick Squires. See our editorial policy. Spot an error? Email ns@ingmining.com.