Crypto Mining Profitability Calculator
Calculate cryptocurrency mining profitability based on hash rate, power consumption, and electricity cost.
See daily, monthly, and yearly estimates.
Crypto mining profitability depends on several key factors: your hash rate, electricity costs, hardware efficiency, and the current price and difficulty of the cryptocurrency.
Basic profitability formula:
Daily Profit = (Daily Revenue from Mining) - (Daily Electricity Cost)
Daily electricity cost:
Electricity Cost = Power Consumption (kW) × 24 hours × Electricity Rate ($/kWh)
Revenue estimation (simplified): Mining revenue depends on block rewards, network difficulty, and your share of the total hash rate. This calculator uses current average earnings per TH/s (terahash per second).
Typical mining metrics (Bitcoin, approximate):
| Metric | Value |
|---|---|
| Block reward | 3.125 BTC (post-2024 halving) |
| Blocks per day | ~144 |
| Network hash rate | ~600 EH/s |
| Revenue per TH/s/day | ~$0.05–0.08 (varies) |
Power consumption examples:
| Miner Type | Hash Rate | Power |
|---|---|---|
| Antminer S21 | 200 TH/s | 3,500 W |
| Whatsminer M60S | 186 TH/s | 3,344 W |
| Home GPU rig | 0.1 TH/s | 800 W |
Electricity costs around the world:
- United States average: $0.12/kWh
- Europe average: $0.25/kWh
- China: $0.05–0.08/kWh
- Iceland: $0.05/kWh (popular mining location)
Key considerations:
- Mining difficulty increases over time, reducing per-unit revenue.
- Hardware degrades and becomes obsolete, typically in 2–4 years.
- Bitcoin halvings cut block rewards in half roughly every 4 years.
- Pool fees typically range from 1–3%.
Tip: If your electricity cost exceeds $0.10/kWh, profitability is difficult unless you have very efficient hardware. Many profitable miners operate in regions with cheap electricity (under $0.06/kWh).