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Smart Timing for Mining: A Deep Learning Framework for Bitcoin Hardware ROI Prediction

Machine Learning 2026-05-26 v2 Artificial Intelligence Computational Engineering, Finance, and Science Neural and Evolutionary Computing

Abstract

Bitcoin mining hardware acquisition requires strategic timing due to volatile markets, rapid technological obsolescence, and protocol-driven revenue cycles. Despite mining's evolution into a capital-intensive industry, there is little guidance on when to purchase new Application-Specific Integrated Circuit (ASIC) hardware, and no prior computational frameworks address this decision problem. We address this gap by formulating hardware acquisition as a time series classification task, predicting whether purchasing ASIC machines yields profitable (Return on Investment (ROI) >= 1), marginal (0 < ROI < 1), or unprofitable (ROI <= 0) returns within one year. We propose MineROI-Net, an open-source Transformer-based architecture designed to capture multi-scale temporal patterns in mining profitability. Evaluated on data from 20 ASIC miners released between 2015 and 2024 across diverse market regimes, MineROI-Net outperforms recurrent, convolutional, and attention-based baselines, achieving 83.2% accuracy and 83.5% macro F1-score. The model demonstrates strong economic relevance, achieving 97.8% precision in detecting unprofitable periods and 81.5% precision in detecting profitable ones, while avoiding misclassifying profitable scenarios as unprofitable and vice versa. These results indicate that MineROI-Net offers a practical, data-driven tool for timing mining hardware acquisitions, potentially reducing financial risk in capital-intensive mining operations.

Keywords

Cite

@article{arxiv.2512.05402,
  title  = {Smart Timing for Mining: A Deep Learning Framework for Bitcoin Hardware ROI Prediction},
  author = {Sithumi Wickramasinghe and Bikramjit Das and Dorien Herremans},
  journal= {arXiv preprint arXiv:2512.05402},
  year   = {2026}
}
R2 v1 2026-07-01T08:10:39.260Z