bitcoin future mining calculator

Parameters Difficulty Starting Difficulty: Growth (%): Interval (days): Mining Hardware Hash Rate (Gh/s): Cost (USD): Power Usage (W): Market Conditions Cost per kWh (USD): Exchange Rate (USD): Mining Duration (days): Output at Current Difficulty Average time per block (solo mining): 97.2 years BTCUSD Per Day0.000353310.96 Per Week0.002473206.71 Per Month0.0107407729.13 Per Year0.12904828349.93 Output Over 365 Days Difficulty after 365 days: 3.17967699331e+11.BTCUSD Revenue0.19805223537.05 Hardware Cost1.083845942939.00 Power Cost0.31497544854.10 Profit-1.20076915-3256.05 Projected daily difficulty, net revenue (revenue minus power cost), and cumulative profit.About This calculator estimates profits from bitcoin mining by forecasting costs and future market conditions.If this calculator helped you earn money, or avoid losing money, please consider making a donation!
Bitcoin Bitcoin is a digital, cryptographic, peer-to-peer currency.The money supply is increased automatically by the network by rewarding newly minted bitcoins to users who contribute the computing power necessary to solve the difficult cryptographic problems required to produce the global transaction log.This process is called mining.Methodology Future revenues are calculated assuming difficulty changes occur at regular intevals (e.g., 14 days) and that the difficulty after each such change is a fixed percentage increase over the previous difficulty (e.g., 15%).The exchange rate is held fixed, so the assumption is that all BTC revenues are held and exchanged for USD at the end of the time horizon.Hence, if you expect the exchange rate to rise or fall, enter the value you expect at the end of the time horizon.Defaults The starting difficulty is taken to be the current difficulty.The USD exchange rate is taken to be the daily volume-weighted average exchange rate reported by Bitstamp.
These values are updated every fifteen minutes.The remaining default values are fixed.The cost of electricity is taken to be $0.15 per kWh.The hashrate, cost, and power consumption of the hardware are taken to be those of a Butterfly Labs Imperial Monarch (1 Th/s, $2,939.00, 650 W).Data Exchange rate are obtained from Bitstamp.Statistics about the bitcoin network (difficulty, block count, etc.)To determine appropriate values for the remaining parameters, additional data are available from external sources on US electricity rates, EU electricity rates, historical difficulty levels, and mining hardware hash rates and power consumption.More Details All calculations assume that mining begins immediately.The current block number is taken to be length of the current longest blockchain as given (updated every fifteen minutes).Calculations begin at the given difficulty.The number of days until the first difficulty adjustment is taken to be the ETA estimate provided by .
Subsequent increases are assumed to occur regularly according to the specified interval.Since difficulty changes occur every 2016 blocks, the interval in days you choose for difficulty adjustments implies a rate at which new blocks are solved.The reward for solving blocks (e.g., 25 BTC) is adjusted over the time horizon according to the Bitcoin protocol.Sponsorship Contact me for details about sponsoring this site on a weekly or monthly basis via a small, tasteful banner (approximately 60px tall) and/or a short text link.bitcoin einfach erklärtDisclaimer The exchange rates and revenue and profit projections produced on this site are for educational purposes only.bitcoin börsen übersichtThey are not guaranteed to be accurate, and are subject to change without notice.bitcoin ogni ora
Bitcoin Mining Calculator The Mining Calculator computes the mining results that you can achieve with a given hardware setup.There are two modes, "novice" and "expert".Expert mode just makes a number of additional input and output fields visible that allow you to calculate the expected returns considering the increase of network hashing power.Click here to read more about how the calculation works.Bitcoin Blockchain Data % BTC Utilization Months % Estimated Mining Results USD % Days Days USD USD Remember: "Prediction is difficult, especially about the future" Mining Hardware Data Choose your hardware... AMD 7950 AMD 7970 AMD 7990 Avalon ASIC #1 Avalon ASIC #2 BitForce SC 5Gh/s BitForce Little Single BitForce Single SC ASICMINER block erupter blade core i3 (for the lulz) MHash/s 1 2 3 4 5 10 USD BTC W USD/kWh USD/BTC % Months Bitcoin Blockchain Data This shows current difficulty (a measure of how hard it is to find a correct hash for a block) and block reward (the amount of BTC that is paid to the finder of a hash.)bitcoin huis
, but any full bitcoin node can provide them.In expert mode, an additional field shows the difficulty increase in percent per day.This is computed from the last 10 difficulty values using an exponential approximation.However, the actual development of difficulty in the future is of course unknown, it might stabilize or even go down, depending on how much hashing power the bitcoin network has.Mining Hardware Data The fields in this block let you select the parameters of your mining hardware.ethereum hedge fundSeveral options can be selected using a drop-down menu, but you can freely edit all fields.1000 bitcoin pizzaFor investment, you can also select whether the hardware is bought with USD or BTC.This box also includes a field for the current USD/BTC exchange rate (24 h average.)In expert mode, you can add a pool fee (this reduces the expected outcome, but only a little bit) and the expected time until your hardware is available to you.
Especially for ASICs, this may be several months and affects profitability a lot.. Utilization "Planned time to mine" is the number of months that you intend to run the hardware.Of course this is entirely up to you, but you will see that diminishing returns make it less profitable to run the hardware after some time.In expert mode, you may enter a utilization percentage, for example if you are mining with a machine that has other uses during working hours.Estimated Mining Results The initial coins and initial income fields show how many BTC respective USD you will mine given the current difficulty.The break-even and income/planned time fields show after how many days your hardware will have paid for itself, and the total income during the planned time.These numbers take investment and power costs into account, but are calculated using a constant difficulty, which is not very realistic.In expert mode, there is a field "Reduction per Week" showing by how much the income will go down per peek (in percent), and two fields that show break-even and income/planned time considering this reduction.