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 $9.03 $6.24 $0.00 Weekly 0.02339687 $63.24 $43.68 $0.00 Monthly 0.10027231 $271.03 $187.20 $0.00 Annually 1.21997980 $3,297.57 $2,277.60 $0.00 Bitcoin to USD Chart Loading chart data... Bitcoin Difficulty Chart Loading chart data...Quick Links Newsletter Sign up for a weekly round up of the weeks news Tools Site Articles Buy & Sell Bitcoin Parameters Hardware Variables Calculator The calculator works out the expected income of the mining equipment for each individual day of the mining period.

Each of the parameters used in the calculation is supplied with default values but can be changed to any value you feel is more appropriate.The core calculation used to calculate the bitcoins earnt per day is given below: BTC = (H x B / D) x (60 x 60 x 24 x 65535 x 10^6 / 2^48) where H = your hash rate (Mh/s), B = block reward (BTC), D = difficulty Considerations are made using the other variables as you would expect: The income reduction taken from the accumulated pay back on each day of the calculation.24 hour bitcoin atm nycThe monthly expenditure is taken off the accumulated amounts once every calendar month.acheter bitcoinThe percentage uptime is accounted for on each day of the calculation.bitcoin executive dead

The lead time is taken as the start date for the calculation.The difficulty level is increased per day from the current date by the uplift percentage.At the moment, you have to press the calculate button in order for the results to be refreshed.bitcoin mining payoutChanging the values of the parameter fields does not automatically update them.bitcoin the new gold rushInitial Difficulty Difficulty is a measure of how difficult it is to find a new block compared to the easiest it can ever be.how to buy litecoin from ukThis is the difficulty value now, not after any lead time provided.litecoin value predictionsThe calculator will increase the value of the difficulty on a monthy basis according to the % uplift entered.ethereum price alert

It is calculated to be 'difficulty' = 'maximum target' / 'current target', where the target is a 256 bit number.The difficulty is adjusted every 2016 blocks based on the time it took to find the previous 2016 blocks.At the desired rate of one block each 10 minutes, 2016 blocks would take exactly two weeks to find.ethereal blade soundIf the previous 2016 blocks took more than two weeks to find, the difficulty is reduced.If they took less than two weeks, the difficulty is increased.The change in difficulty is in proportion to the amount of time over or under two weeks the previous 2016 blocks took to find.Difficulty Uplift Per Block This number defines the percentage increase in the difficulty per 2016 blocks.The difficulty level is increased when it is adjusted every 2016 blocks when applied to the calculations from the current date by the uplift percentage.Block Reward The number of bitcoins in BTC that is rewarded to the pool on completion of a block.

The block reward is halved every 210,000 blocks that are mined.The last time that this happened was in November 2012 and should happen again by March 2015.To understand the way that this works and to get a more precise and up to date calculation of the next halving, please visit our tool here.Time to Mine (months) The number of months that the mining operation is to run for.It is worth entering a longer period and seeing what the break even point is for the equipment.Percentage Uptime The percentage of the mining period that the equipment is in use for.Hashing Rate (MHash/s) The hashing rate of the equipment in Mega Hashes per second.The default value provided is 50000 which equates to 50 Giga Hashes per Second.2 Terra Hashes per second would be 2000000.Equipment Cost The total cost for the equipment that is used to mine during the period.Usually this is the cost for the equipment up front, although it could represent a buy in fee for a mining operation hosted in the cloud.

Running Costs Per Month The total amount of expenditure that is required per month to fully support the equipment.This could also be entered as the monthly fee incurred for mining equipment that is cloud hosted, allowing the calculator to work for rented equipment.Exchange Rate The amount of currency that is exchanged for 1 BTC.If you would like to guess at what your bitcoins will be worth at the end of the mining period, then you can enter it into this box and press the calculate button to see the effect.Any figures entered into this box are processed for your amusement and the income resuls presented are by no means guarenteed!To set the exchange rate to the current rate for the any of the currencies, based on the block chain price, press one of the links below: Income Reduction Percentage The income reduction percentage is applied daily to the calculated income.Lead Time The number of months before the mining period starts.Expected Number of Bitcoins The total amount of bitcoins in BTC that has been calculated to be earned over the entire mining period.

Expected Profit The total amount of profit that is expected to be returned during the mining period.This figure is calculated but subtracting the equipment cost from the total income.The income calculated takes into account any reduction percentages that have beeen entered and is converted directly by the exchange rate into the currency unit of choice.Expected Income The total amount of income that is expected to be returned during the mining period.This figure is calculated as the total income with any deductions entered taken into account, but without the equipment cost being considered.over the mining period.Total Income The total amount of money returned from the bitcoins mined during the mining period.This figure is the money that the bitcoins mined during the mining period are worth.It is calcuated from the exchange rate entered and number of bitcoins mined in total.Total Expenditure The total amount of money spent on equipment, income reduction and running costs.

This figure is the The total amount of money spent on equipment, income reduction and running costs if any have been entered.Initial Income Per Day The income that is earned by the equipment on the first day of mining.Initial Coins Per Day The number of bitcoins per day in BTC that is earned by the equipment on the first day of mining.Days To Pay Back The number of days of mining to complete before the initial cost of the equipment is earned.Average Coins Mined Per Day The average amount of bitcoins per day in BTC that is earned by the mining equipment on the last day of the mining period.End Coins Per Day The amount of bitcoins in BTC that is earned by the mining equipment on the last day of the mining period.End Income Per Day The amount of income in that is earned by the mining equipment on the last day of the mining period.Months Of Profit The number of months that the mining operation is profitable for over the mining period entered.It is measured from the start date which is calculated from the present date plus the lead time offset.