Bitcoin solo mining calculator

Many factors affect your mining profitability. Two of the main factors that influence your profitability are:.

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.

Inthe reward was cut from 50 Bitcoins per block to 25, in to The reason for that is that miners use massive amounts of electricity, and electricity costs money. Disclaimer The exchange rates and revenue and profit projections produced on this site are for educational purposes only, 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.

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. If you have many different kinds of miners you are deploying, you will need to run this calculation for each one. Since our calculator only projects one year out, we assume the block reward to be 6. We also use the current mining difficulty in our calculations. Below are the inputs that require input from you.

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.

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Large mining corporations operate mining farms with thousands of ASICs. This ensures that Bitcoin blocks are mined, on average, every 10 minutes. All calculations assume that mining begins immediately. You can unsubscribe with one click. The up-front cost of mining hardware is usually the largest expense for any new mining operation. Even though an increase in the network hash rate will cause your share of the network hash power to go down, the Bitcoin price can help make up some of these losses if it goes up. Bitmain Antminer S17e 60T. First, the amount of newly minted BTC often referred to as coinbase, not to be confused with the Coinbase exchange halved to 25 BTC, and the current coinbase reward is If the total network hash rate goes down, difficulty will decrease, and your profitability will increase. Bitmain Antminer S17 53Th. Hash Rate. Payment Methods Exchanges by payment. You can learn more about our editorial guidelines. Statistics about the bitcoin network difficulty, block count, etc.

A Bitcoin mining calculator allows you to determine how much you can profit from a certain Bitcoin miner.

Best Bitcoin Mining Hardware. Bitmain Antminer S9j Just like good computers cost more money, good mining hardware is expensive. We also use the current mining difficulty in our calculations. You can learn more about our editorial guidelines. Large mining corporations operate mining farms with thousands of ASICs. If the total network hash rate goes down, difficulty will decrease, and your profitability will increase. Order now at MiningWholesale. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. Mining revenue is based partially on the current difficulty to mine Bitcoins. If you have many different kinds of miners you are deploying, you will need to run this calculation for each one. Order now at CoinMiningCentral. Unless you already have the needed parts, you will likely need to purchase cooling fans and power supplies. Some hardware might not pay itself off at all. Let's explore the factors that you need to consider before you buy mining hardware:.