Bitcoin solo mining calculator

Many factors affect your mining profitability.

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.

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. For a detailed explanation of each part of the calculator, keep on reading. Bitcoin mining secures the Bitcoin network. The more miners you have, the more decentralized and secure the network is. Each block mined by miners contains a block reward—a fixed amount of Bitcoins that are paid out to the miner that mined the block. The up-front cost of mining hardware is usually the largest expense for any new mining operation. Just like good computers cost more money, good mining hardware is expensive. There are three main mining hardware manufacturers today that supply miners on the market. A higher hash rate means a more powerful miner. Miners also generate heat and need to be supplied with electricity.

Bitmain Antminer S19 Pro. Output at Current Difficulty Time per block solo mining : For a detailed explanation of each part of the calculator, keep on reading.

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.

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. For example, if you think the network hashrate is going to double every year, you would set a value of 2. If you have no idea where to start, however, we do propose a default value of 1. This roughly matches the past few years of hashrate data and can also be justified with Moore's Law. Of course, if you prefer to use a contant hashrate for your calculations, you can disable this feature entirely. Calculate your chances for finding a valid bitcoin block when using common lottery mining hardware. Current average hashrate used for calculations is taken from the mempool.

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Bitmain Antminer S17 56Th. As the Bitcoin block reward continues to halve, the value of Bitcoin is predicted to increase. Future block reward and hash rate changes are not taken into account. Cheetah Miner F5M 53T. Electric costs for cooling are yet another factor to consider, as miners generate significant heat during the mining process. Bitmain Antminer S21 Hydro. Buy in your Country Exchanges in your country. The Bitcoin network hash rate is growing at a rate of 0. Bitmain Antminer T The up-front cost of mining hardware is usually the largest expense for any new mining operation. Since our calculator only projects one year out, we assume the block reward to be 6. Ethereum version. You can unsubscribe with one click.

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. For a detailed explanation of each part of the calculator, keep on reading.

Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website. Below are the inputs that require input from you. Network hash rate varies over time, this is just an estimation based on current values. I see pics of room fulls of these machines so I am not sure of the final process. Mining can be an effective way to generate passive income. From past experience, it usually goes up as time goes by on average 0. What would you like to know? Bitmain Antminer S9j Bitmain Antminer S15 eco mode. A higher hash rate means a more powerful miner. Buy Bitcoin Worldwide does not offer legal advice. It just stopped at that point. The remaining default values are fixed. Bitmain Antminer S17e 64T.