Bitcoin solo mining calculator

A Bitcoin mining calculator allows you to determine how much you can profit from a certain Bitcoin miner. It takes into account all relevant costs, such as hardware, electricity, and fees.

Prefer websites without ads? Bitmain Antminer S21 Hydro Power W. Block reward value Current value Average last 1h Average last 24h Average last 3 days Average last 7 days. Difficulty value Current value Average last 1h Average last 24h Average last 3 days Average last 7 days. More pools at MiningPoolStats Suggest a mining pool. Order now at MiningWholesale.

Bitcoin solo mining calculator

Projections incorporate difficulty growth and reward halving. Update the difficulty, mining, and market parameters below to recalculate the tables and charts. Ethereum version. This calculator estimates profits from bitcoin mining by forecasting costs and future market conditions. Bitcoin is a digital, cryptographic, peer-to-peer currency. The money supply is increased automatically by the network by rewarding newly minted bitcoins to users who contribute the computing power necessary to solve the difficult cryptographic problems required to produce the global transaction log. This process is called mining. Future revenues are calculated assuming difficulty changes occur at regular intevals e. The exchange rate is held fixed, so the assumption is that all BTC revenues are held and exchanged for USD at the end of the time horizon. Hence, if you expect the exchange rate to rise or fall, enter the value you expect at the end of the time horizon. The starting difficulty is taken to be the current difficulty. The USD exchange rate is taken to be the daily volume-weighted average exchange rate reported by Bitstamp.

We also use the current mining difficulty in our calculations.

Many factors affect your mining profitability. Two of the main factors that influence your profitability are:. Our calculator assumes the 0. To use our calculator, all you need to do is plug in your miner's hash rate and power consumption as well as your electricity cost into the form. If you have many miners, then you can multiply the hash rate and power consumption by the number of miners you have. Or just fill the form in for one miner, and then multiply that number by the number of miners you have.

Many factors affect your mining profitability. Two of the main factors that influence your profitability are:. Our calculator assumes the 0. To use our calculator, all you need to do is plug in your miner's hash rate and power consumption as well as your electricity cost into the form. If you have many miners, then you can multiply the hash rate and power consumption by the number of miners you have.

Bitcoin solo mining calculator

When calculating solo mining chances over a longer period of time, e. Because it is! This calculator aims to factor in a more or less realistic estimated growth of the network hashrate. By how much it is going to increase in the future is, of course, pure speculation, which is why you can adjust the yearly growth factor yourself, as you see fit.

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We also use trusted research and studies from other well-known sources. Our calculator assumes the 0. The exchange rate is held fixed, so the assumption is that all BTC revenues are held and exchanged for USD at the end of the time horizon. It is adjusted up and down algorithmically by the Bitcoin network based on the network-wide hash rate - the sum of all miners' hash rates on the entire network. Additionally, successfully confirming a block is the only way you will generate any revenue whatsoever by mining. The difficulty by. Load more comments. Two of the main factors that influence your profitability are:. The price has gone down for most of the past year, which is a factor that should be strongly considered in your calculations. Prefer websites without ads? Learn Bitcoin General knowledge. Aladdin T1 32T. You can learn more about our editorial guidelines.

A Bitcoin mining calculator allows you to determine how much you can profit from a certain Bitcoin miner. It takes into account all relevant costs, such as hardware, electricity, and fees.

The initial investment in efficient mining hardware is probably one of the things keeping you from pulling the trigger, and for good reason. Output at Current Difficulty Time per block solo mining : Bitcoin transaction fees are issued to miners as an incentive to continue validating the network. However, there are ways to harness this by-product to your advantage. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Disclaimer The exchange rates and revenue and profit projections produced on this site are for educational purposes only. Hence, if you expect the exchange rate to rise or fall, enter the value you expect at the end of the time horizon. I see pics of room fulls of these machines so I am not sure of the final process. We hate spam as much as you do. Also, remember that revenue is NOT profit. Mining revenue is based partially on the current difficulty to mine Bitcoins. If you have additional comments or questions feel free to leave them on the comment section below. Exchange rate are obtained from Bitstamp. Bitmain Antminer S19 XP.