Bitcoin Mining Profitability Calculator
Enter your miner’s hashrate and power, network figures and your electricity price.
Your numbers
Your results
Bitcoin Mining Profitability Calculator by TheCalcTools
How the Bitcoin Mining Profitability Calculator works
About 144 blocks are found a day (one every ten minutes on average). Your expected share is your hashrate divided by the network’s, so daily bitcoin = share × 144 × reward × (1 − pool fee).
Electricity = power × 24 hours × price. Network hashrate, difficulty, price and fees change constantly, and halvings cut the subsidy every 210,000 blocks, so re-check before buying hardware. Crypto prices are volatile; this is arithmetic, not investment advice.
The formula
Worked example
Using the default values shown in the calculator:
| Your hashrate (TH/s) | 200 |
|---|---|
| Power draw (W) | 3500 |
| Network hashrate (EH/s) | 900 |
| Block reward incl. fees (BTC) | 3.2 |
| Bitcoin price | $70000 |
| Electricity price per kWh | $0.08 |
| Pool fee | 2 % |
- 200 TH/s of a 900 EH/s network earns about 0.000100 BTC a day ($7.02).
- Electricity costs $6.72, leaving $0.30 a day.
Result:
| Bitcoin mined per day | 0.000100 |
|---|---|
| Revenue per day | $7.02 |
| Electricity per day | $6.72 |
| Profit per day | $0.30 |
| Profit per month (30 days) | $9 |
| Break-even electricity price per kWh | $0.08 |
| Efficiency (J/TH) | 17.5 |
Frequently asked questions
What is a good efficiency?
Lower joules per terahash is better; newer ASICs reach well under 20 J/TH. Efficiency decides whether mining pays at your electricity price.
Sources and further reading
- Nakamoto S (2008). Bitcoin: A Peer-to-Peer Electronic Cash System
- Bitcoin developer documentation: Block chain
- Wikipedia: Bitcoin network
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This calculator gives estimates for information only. It is not financial advice, and your lender's or provider's figures will govern. Rates, fees and rules vary. See our disclaimer.