Thor P2 review: 10 TH/s on the desk, measured at the wall

The Thor X1 was one of the first machines with the BM1373 chip, and it is still the best efficiency I have measured on a desk miner: my Thor X1 review. The Thor P2 keeps that chip but fits two of them, for about 10 TH/s: three times the X1 pushed to the max.

What else changes: a big backlit fan, an external XT60 power supply and above all an Ethernet port, which the X1 lacked.

The machine comes mounted on its stand, with a 240 W external power brick (12 V, 20 A) and its mains cord, matched to the delivery country. The brick connects through an XT60 plug, the yellow connector used on model cars and drones, built for high currents. That is more reassuring than a USB-C cable for a machine drawing 150 W day and night: the X1 makes do with a 65 W USB-C brick. With 153 W measured at the wall, the brick keeps close to 90 W of headroom.

The Thor P2 keeps 2.4 GHz Wi-Fi, handy on a shelf. But when mining solo, the machine gets new work from the pool with every new block on the network. A cable avoids Wi-Fi dropouts and losses, and so seconds spent hashing on a block that is already stale. For a machine running around the clock, it is the connection to pick whenever you can.

On Ethernet, plug in the cable and the power: the machine gets an address from your router by itself, then find it in the router’s list of connected devices and open its interface in a browser. On Wi-Fi, the first setup works like other desk miners: give it your home network, then open its interface.

There you set the pool, with your Bitcoin address as the user, followed by a dot and a machine name, and x as the password. For solo, the FindMyBlock settings are in this guide. You also pick the power profile there.

Measured at the wall once the machine had settled, in its two most powerful profiles:

At 10 TH/s the Thor P2 draws 153 W at the wall: slightly less than the listings say. You will also see figures around 11 J/TH: those come from a listing at 6.6 TH/s for 72 W, not from the 10 TH/s profile.

The efficiency shown by the machine itself looks better: as on the X1, it leaves out power supply losses. Only a wall meter tells you what you really pay.

Look at the two profiles’ settings: 720 / 225 in normal, 728 / 226 in overclock. They are almost the same. The normal profile is already set close to the maximum, and switching to overclock costs only 4 W more (about +2.7%) for 0.5 to 0.7 TH/s more (about +6%).

The result: overclock is more efficient than the normal profile, 15.3 J/TH against 15.85 on average. My advice: leave it in overclock. And if you really want to draw less or cut the noise, switch to the Low profile (about 35 dB) or lower the frequency and voltage by hand: the normal profile saves almost nothing.

One caveat: Helium Deploy states on its listing that any turbo or boost mode counts as overclocking and voids the warranty. If the warranty matters to you, stay on the normal profile while it runs: you only give up about half a TH/s.

Same chip, two philosophies:

• Hashrate: 10 TH/s for the P2, 2.1 to 3.22 TH/s for the X1, three to almost five times more.
• Efficiency: the X1 is still the champion, 10.6 J/TH in normal mode, against 15.3 for the P2.
• Price per TH/s: about €36 for the P2 delivered, against €67 to €105 for the X1 (€215 to €220).
• Connection: Wi-Fi and Ethernet on the P2, Wi-Fi only on the X1.
• Noise: about 44 dB measured for the P2 at 10 TH/s (40 dB rated), against 51 dB rated for the X1 in overclock.

The full duel, figures side by side: Thor P2 vs Thor X1.

At 10 TH/s, about 1 chance in 1,910 per year solo on Bitcoin (network as of 17 October 2026). Three to five times better than a Thor X1, but still a lottery ticket. The full math: the calculator.

On Bitcoin Cash, whose network is about 270 times smaller, the same 10 TH/s give about a 13% chance of finding a block within a year, for a block worth about $930: solo mining Bitcoin Cash.

As for electricity, 153 W around the clock is about €268 a year at €0.20 per kWh, and as much heat in the room.

At Helium Deploy, the Thor P2 is listed at $379, on sale from $449. At checkout with a French address, the order added $17.99 of shipping and no tax: $396.99 in all, about €365 delivered (October 2026). It is shown in stock, shipping within 2 business days from the shop’s European Union warehouse, with a three-month warranty. It also states that VAT is not included in the listed price and that any taxes are the recipient’s responsibility: keep that in mind.

At about €36 per TH/s, it is the cheapest TH/s of my reviews.

Get it if you want the most hashrate for your money, in a fixed machine on Ethernet that runs around the clock. And once the warranty is over, switch it to overclock: for 4 W, it is its best setting.

Go for the Thor X1 instead if every watt counts, or if you want a small, discreet machine in a corner of the desk: it is still the efficiency champion. The P2 is the champion of TH/s per euro.