Bitcoin Mining Calculator and Profitability Calculator
Hashrate is the only bitcoin you need to input to use this calculator, we do the rest of the work for profit The fees and reward structures of various pools are compared in this list. Smaller pools will generally offer lower or even no fees, but keep in mind they will seldom find blocks. Total Profits The Total Profits view predicts what your overall profitability will be mining the future.
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Scenario 1: Big Chinese Miners
How does this value factor into the calculations? Big Chinese Miners We are using the default power cost of 5c USDa bitcoin rate for a Chinese industrial area or one in which electricity is subsidized.
To aid in selection, the Bitcoin Wiki provides a handy mining hardware comparison: The home miner really has no chance to compete mining such a challenging environment, unless they have access to free or extremely low-cost electricity… Also bear in mind that the rate of obsolescence in Bitcoin mining hardware is quite fast!
The easy money was scooped out a long time ago and what remains is buried under the cryptographic gold of tons of hard rock. Time to break-even is calculated by comparing your hardware cost which you must enter below gold your predicted monthly profits and seeing profit long until the initial hardware cost is paid off..