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 7.6 days): 7.03028157958e+11 / -1.2% [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 $9.09 $6.24 $0.00 Weekly 0.02339687 $63.65 $43.68 $0.00 Monthly 0.10027231 $272.80 $187.20 $0.00 Annually 1.21997980 $3,319.09 $2,277.60 $0.00 Bitcoin to USD Chart Loading chart data... Bitcoin Difficulty Chart Loading chart data...KH/s MH/s GH/s TH/s PH/s Note: If some values in the Bitcoin mining calculator don’t seem right (exchange rate, block reward, etc.)you can adjust them manually.

However normally they are all up to date.local bitcoin helsinkiIf you want to know more about Bitcoin mining profitability check out this page.litecoin hostingBitcoin mining secures the Bitcoin network.bitcoin pools graphWithout miners, Bitcoin could easily be attacked and even shut down.comprar bitcoins valenciaSince Bitcoin miners provide such an important service to the network, they are paid for their services!bitcoin core and torEach block mined by miners contains a block reward, which is paid out to the miner that successfully mined the block.bitcoin pool share difficulty

While mining today is very competitive, it is possible to run a successful and profitable mining farm.ethereum next forkThis post will outline the many factors that will determine whether or not your mining operation will be profitable.litecoin pictureThe upfront costs to pay for mining hardware is usually the largest expense for any new mining farm.dogecoin bitcoin forumJust like good computers cost more money, good mining hardware is expensive.The Antminer S7 is one currently the most efficient miner and costs $629.It only mines about $200 worth of bitcoins per month, meaning just based on hardware costs alone it will take more than three months to get back your money.This does not include electricity costs or equipment costs (more on this below).When purchasing mining hardware, you will want to look at these metrics: Th/s and W/GH.

Th/s, or sometimes Gh/s, measures a miner’s terahashes (Th/s) or gigahashes (Gh/s) per second and is called hash rate.A higher hash rate means a more powerful miner.You can use this simple calculator from Bitcoin Wisdom to determine how much money an amount of hash power will earn per month.Hash power is not the end all for determining good miners, though.Miners use massive amounts of electricity.You want a miner that has both a high hash rate and uses the electricity provided efficiently.W/GH is the metric used to display a miner’s efficiency.The Antminer S7 is also the most efficient miner available on the market, with 0.25 W/GH.Consider that the previous version of the S7, the S5, had an efficiency of just 0.51 W/GH.That means the S5 uses twice as much electricity per hash as the S7.Buying a miner that has a low W/GH and also has good hash power is the key for any profitable mining operation.Miners generate heat, and also need to be supplied with electricity.Unless you already have the needed parts, you will likely need to purchase cooling fans and power supplies.

Electricity costs can make or break any mining operation.A monthly electric bill means monthly costs on top of the upfront cost of the hardware.China’s cheap electricity is one reason that nearly 60% of the Bitcoin network’s hashing power is located there.In the USA, for example, most mining hardware is run in Washington State, where there is cheap hydroelectricity.Venezuela’s crisis and cheap electricity has also made Bitcoin mining extremely profitable there.Don’t discount electricity as a cost.It can make or break your mining operation.Creative miners in cold areas can use the heat generated by miners to heat their houses in the winter.If the heat generated by miners will partly replace your normal heating costs, it is one way to save money and improve your chances of profitability.Miners in cold areas also have an advantage because they may not need to use extra fans to cool the hardware.The Bitcoin mining difficulty makes sure that Bitcoin blocks are mined, on average, every 10 minutes.

A higher difficulty is indicative of more hash power joining the network.As you would expect, more hash power on the network means that existing miners then control a lower percentage of the Bitcoin network hash power.The image above shows the network hash power over the last 2 years.From September 2015 to February 2016, the network hash rate tripled.That means any miner who added no additional hardware to his farm would earn about 33% less bitcoins.Hash rate and network difficulty are external factors that should be accounted for.It’s impossible to know difficulty months in advance.However, pay attention to advances in mining technology and efficiency to get a better idea of how the hash rate and difficulty may look down the line.Bitcoin’s price is volatile and can’t be predicted.You may calculate your profitability with a Bitcoin price of $500, but it won’t be accurate if the price drops to $300 the next day.Be prepared for price movements and understand that the Bitcoin price is a factor that you cannot control.