Crypto Mining Calculator
Estimate your cryptocurrency mining profitability. Calculate daily and monthly revenue, electricity costs, net profit, and breakeven electricity rates for BTC, ETH, and LTC.
Quick Answer
Mining profitability depends on your hashrate, electricity cost, and the current coin price. A Bitcoin miner running at 100 TH/s consuming 3,250W at $0.10/kWh can expect to mine roughly $15-25 per day before electricity. Your breakeven electricity rate tells you the maximum you can pay per kWh before mining becomes unprofitable.
Mining Profitability
Profitability Breakdown
| Period | Revenue | Electricity | Net Profit |
|---|---|---|---|
| Daily | $5.27 | -$7.80 | -$2.53 |
| Monthly (30d) | $157.95 | -$234.00 | -$76.05 |
| Yearly (365d) | $1,921.73 | -$2,847.00 | -$925.27 |
Breakeven Electricity Rate
Your mining operation becomes unprofitable if electricity costs exceed $0.0675/kWh. Your current rate is $0.1/kWh.
About This Tool
The Crypto Mining Calculator helps you estimate the profitability of mining Bitcoin, Ethereum, and Litecoin based on your hardware specifications and electricity costs. Cryptocurrency mining is the process of using specialized computer hardware to validate transactions on a blockchain network and earn newly minted coins as a reward. This calculator takes your hashrate, power consumption, electricity cost, and pool fees to project daily, monthly, and yearly revenue, costs, and net profit.
How Cryptocurrency Mining Works
Cryptocurrency mining uses computational power to solve complex mathematical puzzles that validate new blocks of transactions on a blockchain. When a miner (or mining pool) successfully solves a block, they receive a block reward in the form of newly created cryptocurrency plus any transaction fees included in that block. The difficulty of these puzzles adjusts automatically based on the total computational power (hashrate) of the network, ensuring blocks are produced at a consistent rate regardless of how many miners are participating. For Bitcoin, this target is one block every 10 minutes. For Litecoin, it is one block every 2.5 minutes. The higher your hashrate relative to the total network hashrate, the larger your share of block rewards.
Understanding Hashrate and Mining Hardware
Hashrate measures how many hash computations your mining hardware can perform per second. Different cryptocurrencies use different hashing algorithms, which is why hashrate units vary: Bitcoin miners are measured in terahashes per second (TH/s), while other coins may use megahashes (MH/s) or gigahashes (GH/s). Modern Bitcoin mining requires Application-Specific Integrated Circuits (ASICs) that can achieve hundreds of terahashes per second. The most efficient current-generation ASIC miners produce around 100-140 TH/s while consuming 3,000-3,500 watts of electricity. Older or less efficient hardware may consume more power for less hashrate, reducing profitability significantly.
The Role of Electricity Costs
Electricity is the single largest ongoing expense in cryptocurrency mining. A mining rig running 24 hours a day, 7 days a week accumulates substantial power costs. At $0.10 per kilowatt-hour, a 3,250-watt miner costs about $7.80 per day or $234 per month just in electricity. This is why location matters enormously for mining profitability. Miners in regions with cheap hydroelectric or geothermal power (such as parts of Iceland, Canada, or the Pacific Northwest) have a significant advantage over those paying residential electricity rates in expensive markets. The breakeven electricity rate calculated by this tool tells you the maximum price you can pay per kWh before your mining operation becomes unprofitable at current network conditions and coin prices.
Mining Pools and Pool Fees
Solo mining means running your own mining hardware and keeping all block rewards when you solve a block. However, the probability of a single miner solving a block is extremely low for major cryptocurrencies. Mining pools aggregate the hashrate of many miners, split the work, and distribute rewards proportionally based on each miner's contribution. Pool fees typically range from 0.5% to 3% of your gross mining revenue. While pool mining results in smaller but more frequent and predictable payouts, solo mining offers the theoretical possibility of earning a full block reward if you get lucky. For most miners, the stability and predictability of pool mining far outweighs the tiny chance of a solo block reward.
Factors That Affect Mining Profitability Over Time
Mining profitability is not static. It changes continuously based on multiple factors. Network difficulty adjusts roughly every two weeks for Bitcoin and more frequently for other coins, meaning that as more miners join the network, each miner earns a smaller share of rewards. Halving events reduce the block reward by half at predetermined intervals (approximately every four years for Bitcoin), cutting miner revenue in half unless the coin price increases proportionally. Hardware degradation, rising electricity costs, and new more efficient mining equipment entering the market all impact long-term profitability. Additionally, cryptocurrency prices are highly volatile, and a sudden price drop can make previously profitable mining operations unprofitable overnight.
Environmental and Regulatory Considerations
Cryptocurrency mining consumes significant energy, and its environmental impact has drawn scrutiny from regulators worldwide. Some jurisdictions have imposed moratoriums or restrictions on mining operations, particularly those powered by fossil fuels. Miners increasingly seek renewable energy sources both to reduce environmental impact and to secure lower, more stable electricity rates. Before starting a mining operation, research local regulations regarding energy consumption, noise ordinances (mining rigs are loud), and any cryptocurrency-specific regulations in your jurisdiction.