Calculate the operational profitability of your mining venture by estimating coin generation and deducting energy costs and depreciation.
1. Daily Coin Revenue ($R_{Coin,D}$):
$$R_{Coin,D} \approx \frac{H \times R_B \times 86400}{D \times 2^{32}}$$
2. Monthly Fiat Revenue ($R_{Fiat,M}$):
$$R_{Fiat,M} = R_{Coin,D} \times 30 \times P_C \times (1 - F_{Pool})$$
3. Monthly Electricity Cost ($C_{E,M}$):
$$C_{E,M} = \frac{W_{Total}}{1000} \times 720 \times C_E$$
4. Net Monthly Operating Profit ($P_{Net,M}$):
$$P_{Net,M} = R_{Fiat,M} - C_{E,M} - C_{Fixed} - C_{Depr}$$
Scenario: You are mining with a 100 TH/s rig.
Cryptocurrency mining is an industrial-scale competition where success is determined not just by how much crypto you generate, but by how efficiently you do it. The Cryptocurrency Mining Calculator is a sophisticated tool designed to bridge the gap between technical metrics and financial reality. Whether you are running a single home rig or a warehouse of ASICs, understanding the relationship between your hash rate and your operating expenses (OpEx) is crucial for long-term viability.
Many novice miners focus solely on revenue—the "top line" number. However, the true measure of success in Proof-of-Work (PoW) ecosystems is Net Monthly Operating Profit. This involves a complex interplay of variables: the probabilistic nature of solving blocks (Difficulty), the volatility of the asset (Market Price), and the constant drain of resources (Energy and Depreciation). Our Cryptocurrency Mining Calculator integrates all these factors. By accounting for depreciation, it forces a realistic view of hardware lifespan, ensuring that you aren't just "mining" your own capital investment into the ground. As noted by industry resources like CoinDesk, the economics of mining are often more akin to commodities production than financial trading.
Furthermore, the Cryptocurrency Mining Calculator helps you stress-test your business model. What happens if the price drops by 10%? What if electricity costs rise? By adjusting the inputs, you can perform sensitivity analysis to determine your "break-even price"—the point at which turning off the machines becomes the rational economic choice. This level of planning is consistent with guidance from financial authorities and detailed economic analyses found on Wikipedia regarding network security and miner incentives. Use this tool to transform raw data into actionable business intelligence.
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Network Difficulty is a measure of how hard it is to find a new block compared to the easiest it can ever be. As more miners join the network (increasing total hash rate), difficulty increases to keep block times constant. Higher difficulty means your hardware produces fewer coins over time, lowering revenue.
Mining hardware is intense on electronics and becomes obsolete quickly due to new technology. Depreciation accounts for the loss of value of your rig over time. If you don't factor this in, you might think you are profitable when you are actually failing to recover the cost of your equipment.
Your electricity cost is usually found on your monthly utility bill, expressed as cents per kilowatt-hour (kWh). If you pay $0.12 per kWh, enter 0.12. Mining rigs run 24/7, so even small differences in this rate have a massive impact on the Cryptocurrency Mining Calculator results.
Hash Rate is the speed at which your mining device operates. It represents the number of guesses your computer can make per second to solve the cryptographic puzzle. Common units are Terahashes (TH/s) for Bitcoin or Gigahashes (GH/s) for other coins.
This calculator is designed for Proof-of-Work (PoW) coins that follow standard difficulty mechanics (like Bitcoin). While the general logic of Revenue minus Costs applies to all mining, the specific coin yield formula uses the standard $2^{32}$ difficulty constant.