Bitcoin Mining Profitability Calculator
Model Bitcoin mining revenue, electricity cost, pool fees, simple payback, and ROI from your own hash rate, power, difficulty, reward, and BTC price assumptions.
Miner Inputs
Market and Cost Inputs
Loss under these inputs
Daily profit
-$4.87
0.00006915 BTC/day after pool fee
Monthly
-$145.96
Yearly
-$1,775.80
Breakdown
Direct answer
Bitcoin mining profit equals expected BTC revenue minus electricity and operating costs. Under the current inputs, expected net revenue is $4.49 per day and expected profit is -$4.87 per day.
Bitcoin Mining Formula Guide
| Metric | Formula | Use for | Main caution |
|---|---|---|---|
| Expected BTC per day | (miner hashes per second x 86,400 / (difficulty x 2^32)) x block reward | Estimate gross BTC earned before pool fees | Actual pool payouts vary with luck, fees, stale shares, uptime, and transaction fees |
| Daily electricity cost | (watts / 1,000) x 24 x electricity price per kWh | Estimate the main operating cost for ASIC mining | Cooling, demand charges, hosting, and taxes can make the all-in cost higher |
| Daily profit | BTC revenue in USD - pool fee - electricity cost - other daily costs | Compare mining scenarios under your assumptions | Does not guarantee future profit because price and difficulty can move sharply |
| Simple payback | hardware cost / daily profit | Rough break-even timing when daily profit is positive | Ignores hardware depreciation, tax, downtime, and future difficulty changes |
Method and Worked Example
The model converts TH/s into hashes per second, estimates expected blocks per day from network difficulty, multiplies by the block reward, subtracts pool fees, then converts BTC to USD. It then subtracts electricity and other daily costs.
Worked example: a 100 TH/s miner at 3,250 watts uses 78 kWh per day. At $0.12/kWh, electricity costs $9.36 per day. Whether the miner is profitable depends on BTC price, difficulty, block payout, pool fee, uptime, and non-electric costs.
Efficiency and Break-Even Checks
Mining can lose money even when gross BTC revenue is positive. Model all-in electricity, cooling, pool fees, downtime, hosting fees, repairs, taxes, and hardware depreciation before buying equipment.
Sources and Risk Notes
FAQ
How do you calculate Bitcoin mining profitability?
Estimate expected BTC mined from miner hash rate, network difficulty, seconds per day, and block reward. Then convert BTC to USD and subtract electricity cost, pool fees, hosting, maintenance, and hardware depreciation.
Why does network difficulty matter?
Difficulty controls how many hashes are expected to find a Bitcoin block. When network difficulty rises, the same miner usually earns less BTC unless its hash rate also increases.
What electricity price should I use?
Use your all-in delivered electricity cost per kWh, including energy, delivery, demand charges, taxes, hosting markups, and cooling load when those costs apply.
Does this calculator predict future Bitcoin price?
No. BTC price, transaction fees, difficulty, uptime, and hardware resale value can change quickly. This page models the inputs you provide and should not be treated as a forecast.
Is Bitcoin mining profit investment advice?
No. This calculator is an educational worksheet. It does not recommend mining, buying Bitcoin, selling Bitcoin, or buying mining hardware.
About This Calculator
Estimate Bitcoin mining profitability from hash rate, miner power draw, electricity price, network difficulty, block subsidy, BTC price, pool fee, and hardware cost. Educational scenario model only.
Frequently Asked Questions
How do you calculate Bitcoin mining profitability?
Estimate expected BTC mined from miner hash rate, network difficulty, seconds per day, and block reward. Then convert BTC to USD and subtract electricity cost, pool fees, hosting, maintenance, and hardware depreciation.
Why does network difficulty matter?
Difficulty controls how many hashes are expected to find a Bitcoin block. When network difficulty rises, the same miner usually earns less BTC unless its hash rate also increases.
What electricity price should I use?
Use your all-in delivered electricity cost per kWh, including energy, delivery, demand charges, taxes, hosting markups, and cooling load when those costs apply.
Does this calculator predict future Bitcoin price?
No. BTC price, transaction fees, difficulty, uptime, and hardware resale value can change quickly. This page models the inputs you provide and should not be treated as a forecast.
Is Bitcoin mining profit investment advice?
No. This calculator is an educational worksheet. It does not recommend mining, buying Bitcoin, selling Bitcoin, or buying mining hardware.
Alex specializes in personal finance modeling with experience in investment analysis and tax optimization. He reviews calculator logic, source notes, and assumptions so finance and tax pages explain their limits clearly.
- CFA Level II Candidate
- B.S. in Finance, University of Michigan
- 8 years in financial planning tools