Mine Calculator

The name is short and the job is specific: this is a cryptocurrency mining profit calculator. You bring the daily revenue figure your pool or miner dashboard already reports, or your hashrate plus the network figures, and the tool returns daily, weekly, monthly and yearly profit, the break-even electricity price where profit reaches zero, and the payback period on your hardware. The hashrate estimator fills the revenue field from your share of the network, using network figures you type and date yourself; it reads no live feed, so the answer is only as current as the figures you enter.

Quick Answer

How to use the mine calculator

Enter your figures, click Calculate, and read the profit lines, the break-even price and the payback together. If you do not have a revenue figure yet, fill in the hashrate estimator first and let it fill the revenue field for you. The three outputs answer three different questions, and reading only the daily profit is how rigs get bought on bad maths.

1. Daily revenue: the dollar value your rig earns per day before fees, taken from your pool dashboard at today's coin price and difficulty. This field is required and must be above zero. If you fill in the hashrate estimator and click its button, it writes the estimated revenue here for you.
2. Pool fee and power draw: the pool's percentage, pre-filled at 1%, and the rig's draw at the wall in watts, including any cooling you run for it.
3. Electricity cost: your all-in $/kWh rate. Read the worked example's sensitivity table below before deciding this number does not matter much.
4. Hardware cost (optional): fill it in for the payback line, leave it blank to skip payback. A blank pool fee counts as zero; blank revenue, power or electricity stops the calculation with a specific message instead.

Negative results are shown honestly, with the minus sign in front of the amount, as in $-4.50. When daily profit is not positive and a hardware cost was entered, the tool says plainly that the hardware never pays back, rather than printing a meaningless payback date thousands of years out.

The mining profit formulas

Daily profit = revenue after pool fees, minus the cost of the electricity burned earning it. The power-cost step is the standard energy calculation, watts converted to kilowatts multiplied by hours and by the tariff, the same method the U.S. Department of Energy uses to estimate appliance energy cost.

Hashrate estimate (optional, no live feed): your network share = your hashrate ÷ network hashrate, both converted to hashes per second. Daily coins = network share × block reward × blocks per day. Estimated daily revenue = daily coins × coin price. The estimator writes that revenue into the Daily revenue field, and the profit lines above then run exactly as they do for a typed revenue figure. Date your network figures: the estimate shows the date back to you, and a run built on last month’s difficulty describes last month’s rig, not today’s.

Two display details matter when you check the tool by hand. First, payback rounds up: $3,000 divided by $2.70 is 1,111.1 days, and the tool reports 1,112 days because a rig has not paid for itself part-way through the final day. Second, every money figure rounds to cents, so the break-even price prints as $0.14/kWh where the exact division, $9.90 over 72.0 kWh, is $0.1375/kWh. The underlying arithmetic is exact; the printing is rounded, and the gap only matters if your real tariff sits between the two values.

Worked example: a $3,000 rig at $0.10/kWh, checked line by line

The pre-filled inputs describe a mid-size rig: $10.00 daily revenue, 1% pool fee, 3,000 W draw, $0.10/kWh power and a $3,000 purchase price. Running the calculator gives the four headline figures below, and each one traces back to the formula block.

By hand: the pool keeps 1% of $10.00, which is $0.10, leaving $9.90. The rig burns 3 kW for 24 hours, which is 72 kWh, costing $7.20 at $0.10/kWh. Daily profit is $9.90 minus $7.20, which is $2.70, and the weekly, monthly and yearly lines are that figure multiplied by 7, 30 and 365: $18.90, $81.00 and $985.50. Break-even asks what tariff would erase the $9.90 entirely: $9.90 divided by 72 kWh is $0.1375/kWh, displayed as $0.14/kWh.

Now hold revenue, fee and hardware fixed and move only the electricity price. Every row below is a real run of this calculator, and the last two rows show why miners shop for power before they shop for hardware.

For context on where a given tariff sits, the U.S. Energy Information Administration's average price of electricity tables publish residential and industrial rates by state, and the gap between those two customer classes is roughly the gap between the middle and bottom rows of the table above. Industrial power is the mining industry's home ground for a reason.

Hashrate example, checked the same way: 100 TH/s against a 1,000,000 TH/s network is a 0.0100% share. At 3.125 coins per block, 144 blocks a day and $100,000 per coin, that share earns 0.0450 coins a day, or $4,500.00 of revenue. At the same 1% pool fee and 3,000 W at $0.10/kWh, the pool keeps $45.00, power costs $7.20, and daily profit is $4,447.80. The estimator fills $4,500.00 into the revenue field from those typed figures; nothing about the run is live, so re-date the network figures before you trust it.

Why mining profit is a snapshot, not a promise

Every output holds revenue, difficulty and price frozen at the moment you typed them. All three move. Network difficulty retargets as miners join or leave, cutting or raising your share of a fixed block reward; the National Institute of Standards and Technology (NIST) blockchain technology overview (NISTIR 8202) explains the difficulty adjustment and proof-of-work mechanics behind that drift.

Coin price moves faster than difficulty, and halvings move fastest of all: on a pre-set schedule the block subsidy drops by half, which roughly halves revenue overnight unless price compensates. The scale of the industry's power draw, and why tariff hunting dominates it, is tracked by the Cambridge Bitcoin Electricity Consumption Index and its methodology. Practical rule: rerun this calculator whenever price or difficulty has moved about 10% since the revenue figure was read, and treat any payback longer than a year as a bet on stability rather than a schedule. The hashrate estimator makes the same freeze explicit: it uses the network hashrate, block reward and coin price you typed, dated by you, not a live feed. Mined coins are also a tax event in many jurisdictions when received and again when sold; the Internal Revenue Service (IRS) digital assets guidance is the starting point for U.S. miners.

The costs this calculator does not model

The tool prices revenue, pool fees and electricity. A real operation pays for more, and the honest way to use the headline profit is as a ceiling, not a result.

• Cooling: in a warm room, moving the rig's heat out can add 30% to 40% on top of its rated draw. Add those watts to the power field rather than pretending they are free.
• Power supply losses: a PSU rated at 90% efficiency pulls about 11% more at the wall than the chips consume. Measure at the wall, or scale the watts up.
• Downtime and pool luck: the formula assumes 24 full hours of mining every day. Reboots, outages and variance mean most rigs bank less.
• Hardware failure and resale: payback math assumes the rig survives to day 1,112 and is worth nothing after. Fans and boards fail; second-hand prices collapse when a new generation ships.
• Fees beyond the pool: withdrawal fees, exchange spreads and taxes sit between mined coins and spendable dollars, and none of them appear in the daily figure.

Hardware choice decides which side of these lines you start from. A current-generation ASIC calculator entry works through dedicated miner economics, while hosted or remote setups such as those behind the helium profit calculator and the flux profit calculator carry different cost shapes again: smaller power draws, different fee structures, and revenue that depends on network participation rather than raw hashing.

What competing calculators miss

Mining calculators split into two camps, and each camp's strength is the other's blind spot:

• Hashrate-driven tools (CoinWarz Bitcoin Mining Calculator): live difficulty, live price and a hashrate field, so revenue is estimated for you, plus a useful profit-per-watt metric. The cost is opacity and lock-in: the model is coin-specific, the revenue estimate cannot be replaced with your pool's actual payout figure, and there is no break-even electricity price stated as a headline.
• Marketplace-style estimators (MiningReturns and similar): preset ASIC tables with live thresholds, good for shopping. Weak for an owner checking an existing rig, because your actual revenue, fee and tariff never enter the model directly.
• Coin-specific tools (MinerCompare Monero and similar): deep per-coin context, network share and solo-block timing. Narrow by design: one coin, hashrate in, and the same live-data dependence.
• The gap this page fills: a coin-agnostic check that starts from the revenue your pool actually paid, applies your fee and your tariff, and states the two decision numbers the hashrate tools bury: the break-even electricity price and an honest payback that refuses to print when profit is not positive. If you know what you earned yesterday, this is the faster and more truthful test; if you do not yet own hardware, run a hashrate tool first to get a revenue estimate, then bring that figure here.

Frequently asked questions

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