Mining Profitability Calculator

Hash rate measures how many cryptographic calculations your mining hardware performs per second. A higher hash rate means a proportionally larger share of the network's total computing power, which translates to a higher expected share of newly minted block rewards. Hash rate is typically expressed in TH/s (terahashes per second) for Bitcoin ASIC miners.

Network difficulty is automatically adjusted so that blocks are found at a roughly constant rate (every ~10 minutes for Bitcoin). As more miners join the network and total hash rate rises, difficulty increases — meaning each individual miner earns a smaller share of rewards. Difficulty drops when miners leave the network. This is why profitability estimates can change significantly over weeks or months.

Most miners join mining pools to receive more consistent, predictable payouts instead of gambling on solo block discovery. The pool charges a fee — typically 1–3% of your gross mining revenue — in exchange for aggregating hash power and distributing proportional rewards. The calculator deducts this percentage from your gross earnings to show net pool revenue.

Electricity is usually the dominant operating cost in mining. Your power consumption (in watts) multiplied by your local electricity rate (per kWh) determines your daily energy bill. Miners in regions with cheap electricity (such as certain parts of the US, Canada, or Iceland) can remain profitable at lower coin prices than miners paying industrial retail rates.

Crypto prices are extremely volatile and a live price feed would make estimates stale within hours. By entering your own price estimate, you can model different scenarios: your break-even price, a conservative low estimate, or a bullish target. This lets you assess profitability across a range of market conditions rather than locking into a single snapshot.