Got your shiny new ASIC miner?Wondering when it will pay off?If you enter your hash rate below, this page will calculate your expected earnings in both Bitcoins and dollars over various time periods (day, week, and month).It will not attempt to extrapolate difficulty or price changes -- it provides only instantaneous calculations (how much you'd make if all conditions remained as they were right now).Next difficulty retarget occurs at block 473759.0 (eta 7.7 days): 6.95852747098e+11 / -2.2% [est.] Has this service helped you?Advertise with us Bitcoin Mining Calculator and Profitability Calculator Bitcoin Mining Calculator is used to calculate mining profitability for Bitcoin mining.Enter your Bitcoin mining hardware hash rate in GH/s along with the power wattage and your cost of electricity - dollars per kilowatt hour ($/kWh).The current Bitcoin difficulty, Bitcoin block reward, and Bitcoin price will be entered automatically.Hash Rate (GH/s): Power (Watts): Power Cost ($/kWh): Pool Fees %: Bitcoin Difficulty: Block Reward: Bitcoin to Dollar (USD): Hardware Costs (USD): Calculate Bitcoin to USD 1 Bitcoin equals Current Bitcoin Price Buy & Sell Bitcoins at Coinbase Receive $10 in Bitcoin *For New Coinbase Accounts Bitcoin Mining Calculator Summary Days to generate one block mining solo: 3739.82 Day(s) Days to generate one BTC: 299.19 Day(s) N/A Estimated Expected Bitcoin Earnings The estimated expected Bitcoin earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency.

If you are mining using a pool, the estimated expected Bitcoin earnings can vary greatly depending on the pool's efficiency, stale/reject/orphan rate, and fees.If you are mining solo, the estimated expected Bitcoin earnings can vary greatly depending on your luck and stale/reject/orphan rate.Time Frame BTC Coins USD Power Cost Pool Fees Profit Hourly 0.00013927 $0.38 $0.26 $0.00 Daily 0.00334241 $9.11 $6.24 $0.00 Weekly 0.02339687 $63.77 $43.68 $0.00 Monthly 0.10027231 $273.29 $187.20 $0.00 Annually 1.21997980 $3,324.97 $2,277.60 $0.00 Bitcoin to USD Chart Loading chart data... Bitcoin Difficulty Chart Loading chart data...Are you serious about mining cryptocurrencies?If so, you need to know how to make the best use of your money and equipment.In this guide, we’ll show you how to mine your digital treasure in the most profitable way.

Obviously, the big money is going into costly bitcoin ASICs.If you are already in that position, you probably know how the process works and are intending to mine bitcoin.However, those of you on a more moderate budget are probably looking at building a GPU miner for scrypt currencies, or a buying a small ASIC machine for bitcoin or other SHA-256 currencies.In that case, you have come to the right place.The process of mining digital currencies involves solving complex cryptographic puzzles.By doing this, miners are providing ’proof of work’ that is rewarded with digital currency.Broadly speaking, there are two proof-of-work hashing algorithms in use today: SHA-256 and scrypt.Note that there are some lesser-used alternatives, which we will not be looking at in this guide (for example, Primecoin).Depending on your budget and the type of currency you intend to mine, there are two ways to go when setting up your mining system: Mining requires electricity – lots of electricity.If you are building a DIY rig, you’ll be getting an ATX power supply unit (PSU) anyway, so it’s worth investing in the most efficient supply you can get.

Consider the following two cases, for example: A PSU that is guaranteed to supply 860W and is 93% efficient would actually draw 925W (860W/0.93).bitcoin hash rate profitBy contrast, a 750W power supply that is only 80% efficient would actually draw 937.5 W (750/0.8) – thus using more power, but supplying less.litecoin ipWhen building a mining rig, you will need to take account of the power requirements of all the components you are using ­– especially all those graphics cards.bitcoin uzmanıPlus it’s a good idea to provide some excess capacity to deal with unexpected events and provide the potential to overclock your system.38 gh/s bitcoinASICs, on the other hand, can do far more calculations with far less power because they are highly specialised devices.bitcoin france inter

And since they ship with an appropriate power adapter, you won’t have to worry about doing all the maths to find one that is up to the task.bitcoin micro loanThe mining efficiency of different systems can be compared by taking the ratio of the number of hashes it can perform in a second, divided by the power it consumes: Hashing speed / power consumption = mining efficiency After the initial expense of your rig, the essential thing you need to know to calculate your ongoing profitability is the cost of your electricity.Check with your provider, or take a look at your last bill.If the power charges add up to more then you earn, it obviously isn’t a good business model.Rather than go it alone, it usually makes more sense to join a pool, where you combine resources with other miners.By joining a pool, you earn a share of the coins mined by all members of the pool and stand a greater chance of solving a block.

Miners earn a share of the rewards if the difficulty level of the blocks they solve is greater than the level set by the pool operator.That level is always somewhere between 1 and the difficulty level of the currency.Inevitably, the difficulty level of all currencies increase with time – a fact that will reduce the chances of your equipment earning coins or mining shares.As a result, it is important to start with the best equipment you can afford, in order to mine profitably over the longest period of time.The volatility of the currency being mined also affects your long-term profitability.If the price suddenly drops, you will be faced with the choice of either selling at a low price or hanging onto your coins until their value increases.In the former case, you would have to keep mining for longer to recoup your expenditure on equipment and electricity.Whichever way you mine, it’s a computationally intensive operation that creates lots of excess heat.Mining efficiency decreases as temperature increases, so make sure your rig has adequate ventilation and cooling.

As mentioned above, this is why some mining rig builders  use beer crates rather than PC cases – to maximise airflow around their components.Even a standalone desktop fan can help to keep your kit cool.When building a DIY mining rig, it doesn't make sense to save money by buying a cheap PSU.Any instability in the power supply could hit performance, or even cause a system crash that will lead to downtime, so do invest in a high-quality unit.If your hardware isn’t mining, you are losing money.Here are some ways to minimise downtime: There are costs involved with mining, of course, like the rig and the ongoing electricity costs for starters.However, some extras are less obvious: For assistance with some of the calculations miners need to make, there are several websites that provide profitability calculators.You can input parameters such as equipment cost, hash rate, power consumption, and the current bitcoin price, to see how long it will take to pay back your investment.As a test, we entered the specifications of two mining systems into the calculators below.