Mining Profitability Calculator

How to Use the Mining Profitability Calculator

The mining profitability calculator lets you check in seconds how much Bitcoin mining would realistically leave you after subtracting electricity costs. All calculations run in your browser, and the values you enter are not sent anywhere.

How to use the tool:

1. Enter your miner's hashrate in TH/s.
2. Enter the miner's power draw in watts.
3. Set the electricity price in dollars per kWh.
4. Enter the BTC price in dollars.
5. Enter the network hashrate in EH/s and the number of BTC mined per day on the network.
6. Read the results: BTC per day, revenue per day, electricity cost per day, profit per day, and profit over 30 days.

To start, all values are filled with example data: 200 TH/s, 3500 W, $0.2 per kWh, $60,000 per BTC, an 800 EH/s network, and 450 BTC per day. That is only a starting point—replace them with your own hardware parameters and current market values, or the result will not be practically useful to you.

How to Choose Your Miner's Hashrate and Power Draw

You need two pieces of hardware information for the calculation: hashrate and power draw.

• Hashrate is the miner's performance—the number of attempts it makes to solve a task per second. You can find this value in the device specifications or in your mining software dashboard. The calculator uses TH/s.
• Power draw is the energy the miner consumes. Instead of relying only on the manufacturer's data, it is worth measuring the draw with a watt meter—real consumption from the outlet is often higher than advertised.
• If you mine with several devices, add up their hashrate and power draw, and treat the result as the total for the whole setup.

Power draw is also affected by temperature, how the device runs, and power supply efficiency. The more accurate the data you enter, the closer the result will be to reality.

Electricity cost rises in direct proportion to power. At $0.2 per kWh, it looks like this:

Doubling the power means doubling the energy bill. That is why older and less efficient miners often run at a loss, even when their hashrate still looks respectable.

How to Interpret Revenue, Electricity Cost, and Profit

The three most important numbers are revenue, electricity cost, and profit.

• Revenue per day = BTC mined in a day × BTC price.
• Electricity cost per day = power draw in kW × 24 hours × electricity price per kWh.
• Profit per day = revenue − electricity cost. Profit over 30 days is the same value multiplied by 30.

For the default data, the calculations look like this:

1. Share of network power: 200 TH/s ÷ (800 EH/s × 1,000,000) = 0.00000025.
2. BTC per day: 0.00000025 × 450 = 0.0001125 BTC.
3. Revenue per day: 0.0001125 × $60,000 = $6.75.
4. Electricity cost per day: 3.5 kW × 24 h × $0.2 = $16.80.
5. Profit per day: $6.75 − $16.80 = −$10.05, and over 30 days −$301.50.

A negative result is clear information: under these assumptions, electricity costs more than the value of the coins mined. To break even without changing the other data, the BTC price would need to exceed about $149,000, or the electricity price would need to be clearly lower. Positive profit means that, under the assumptions you enter, mining works—but remember that this is still an estimate, not a final accounting.

How to Update the BTC Price, Network Hashrate, and Daily Reward

These three values change from day to day, so update them yourself before drawing conclusions.

• BTC price — use the rate from the exchange where you actually sell the mined coins, because that is where you will see the real price for you.
• Network hashrate — the total power of all miners working on Bitcoin, expressed in EH/s. The higher it is, the smaller your share of the network and the fewer BTC you receive per day.
• BTC mined per day on the network — the daily number of new coins. It changes with halvings, among other things, so check the current value instead of relying on old data.

You can find network and daily issuance data in public Bitcoin statistics. Check them regularly, especially when your result is close to zero—then even a small change in BTC price or network power flips the conclusion. After you replace the values, the calculator immediately recalculates everything, so comparing several scenarios takes only a moment.

Limitations and What the Tool Does Not Calculate

The mining profitability calculator gives a rough picture based on the numbers you enter. By nature, it does not include:

• Pool fees — the commission charged by a pool reduces your payout, and it is not in the calculator.
• Taxes and reporting — the tool does not calculate income or profit tax and does not keep records.
• Current exchange rates and electricity rates — it does not fetch live quotes or energy tariffs; you enter everything manually.
• Future difficulty changes and halvings — it shows the result for the assumptions you provide, with no forecast for future months.
• Hardware cost, wear, and failures — there is no depreciation, service, downtime, or part replacement here.
• Other cryptocurrencies — the model is based on Bitcoin.
• Local conditions — cooling, noise, limits in your energy supplier agreement, or additional fixed fees.

When is the result only approximate? Whenever your real costs and revenue differ from this simple model—and in practice, they almost always do. Treat the calculator as a quick reference point: it helps you rule out clearly unprofitable scenarios and shows how close you are to the break-even threshold. Base your final decision on your own calculations, current electricity rates, and the conditions in your setup.

Frequently Asked Questions

Results are estimates based on the values you enter and do not include pool fees or difficulty changes; check current network data and electricity rates before deciding.