Bitcoin Mining Calculator
Total Hashrate
0 TH/sDaily BTC
0 BTCElectricity
0 kWhAvg Price
$0.00Daily Cost
$0.00Days to mine one bitcoin:
0 daysBTC Cost Basis
$0.00Daily PnL
$0.00This calculator is particularly useful for evaluating mining farms, individual mining machines, and large-scale Bitcoin mining operations by providing precise calculations for energy consumption, mining revenue, and network hashrate.
Calculator - User Guide
Introduction
The Bitcoin Mining Calculator is a tool designed to help individual miners, companies, and mining operations assess the profitability of their mining rigs based on power consumption, electricity costs, mining difficulty, and block rewards. By inputting relevant data such as hashrate, electricity prices, mining pool selection, and hardware specifications, users can determine potential mining profits, expected return on investment (ROI), and operational costs.
Key Features
- Real-Time Mining Profitability Calculation - Estimate mining profits based on current market conditions.
- ASIC Miner Selection - Choose from various mining devices like Antminer S19j, Antminer S21 Hydro, and WhatsMiner M60.
- Mining Pool Integration - Select from major mining pools such as Slush Pool, F2Pool, and Foundry USA.
- Electricity Cost Analysis - Calculate power consumption in watts per device and assess electricity prices across different countries.
- Mining Difficulty & Block Rewards - The calculator factors in Bitcoin Mining Difficulty and the block reward, which decreases over time.
- Transaction Fees & Revenue Estimation - Consider Bitcoin Mining Fees and additional transaction fees for accurate revenue projections.
How to Use the Bitcoin Mining Calculator
1. Adding a Mining Rig
Users can configure their mining hardware device and assess its impact on overall mining profitability.
Example Configuration (as of 2025-03-05)
- ASIC Model: Bitmain Antminer S21 Xp Hyd (473th)
- Mining Pool: AntPool
- Location: Alabama, USA - Industrial Sector
- Number of Miners: 150
- Electricity Cost: $0.0723 per kWh
- ASIC Model: Microbt Whatsminer M63s
- Mining Pool: OCEAN
- Location: Texas, USA - Industrial Sector
- Number of Miners: 1000
- Electricity Cost: $0.0625 per kWh
Expected Output:
- Total Hashrate: 460.95 PH/s
- Daily Bitcoin Mining Reward: 0.2674 BTC
- Daily Electricity Cost: $12.30k/day
- Average Electricity Price: $0.064
- Projected Mining Profit: $10'792.50/day
2. Aggregate Metrics and Profitability Analysis
The calculator provides an overview of mining operations, including:
- Total Hashrate - Combined hashrate of all mining devices.
- Daily Bitcoin Earnings - Projected mining rewards based on network conditions.
- Electricity Costs - Total power consumption and electricity prices.
- Bitcoin Cost Basis - Estimated cost to mine one Bitcoin.
- Daily Profit & Loss (PnL) - Impact of electricity costs and mining fees on revenue.
3. Managing Individual Mining Devices
- Modify a Mining Rig: Click the Gear Icon (⚙️) to adjust mining pool selection, electricity price, or number of devices.
- Delete a Mining Rig: Click the Close Button (❌) to remove a single ASIC.
4. Removing All Mining Entries
Warning: Clicking the Trash Button (🗑️) will remove all mining rigs from the calculation. This action is irreversible.
Conclusion
This Bitcoin mining profitability calculator is essential for both individual miners and large-scale mining operations. By leveraging data on hashrate, energy consumption, and mining difficulty, users can:
- Optimize mining rig performance.
- Evaluate investment potential based on current Bitcoin Mining Hashrate.
- Minimize electricity costs by selecting the right power company.
- Adjust strategies as network difficulty and block rewards evolve.
For professional miners, companies, and mining farms, this tool provides data-driven insights to maximize Bitcoin mining revenue while reducing operational costs.