In the steady state of operation, the temperature of a mining excavator hydraulic fluid is determined by the ambient temperature, hydraulic system design, and power losses. The amount of the hydraulic system power loss depends on the hydraulic fluid physical and thermodynamic properties and the degree of wear of the mining excavator hydraulic system working elements. The main causes of power losses are pressure losses in pipelines, valves and fittings, and leaks in pumps and hydraulic motors. With an increase in the temperature of hydraulic fluid, its viscosity decreases, which leads, on the one hand, to a decrease in power losses due to pressure losses in pipelines, valves and fittings, and, on the other hand, to an increase in volumetric leaks and associated power losses. To numerically determine the level of power losses occurring in the hydraulic system on an example of the Komatsu PC750-7 mining excavator when using Shell Tellus S2 V 22, 32, 46, 68 hydraulic oils with the corresponding kinematic viscosity of 22, 32, 46, 68 cSt at 40 °C, the developed calculation technique and software algorithm in the MatLab Simulink environment was used. The power loss coefficient, obtained by comparing power losses at the optimum temperature for a given hydraulic system in the conditions under consideration with the actual ones is proposed. The use of the coefficient will make it possible to reasonably select hydraulic fluids and set the values of the main pumps limit state and other hydraulic system elements, and evaluate the actual energy efficiency of the mining hydraulic excavator. Calculations have shown that the implementation of measures that ensure operation in the interval with a deviation of 10 % from the optimal temperature value for these conditions makes it possible to reduce energy losses from 3 to 12 %.