Mining Profitability Calculator

See if mining pays after electricity and hardware.

How it is calculated

The tool works from figures you have already estimated per day, in dollars, so it does not take hash rate, wattage or electricity price. daily profit = daily revenue − daily power cost. monthly profit = daily profit × 30, a flat 30-day month. payback days = hardware cost ÷ daily profit, rounded to a whole number of days; if the daily profit is zero or negative the payback shows ∞ because the hardware never earns its cost back, and a loss is printed with a minus sign (-$0.20). All three fields are required and none may be negative, otherwise no result appears. Get daily revenue from a mining pool or a coin-profit page for your hash rate, and work out daily power cost as kilowatts × 24 × your price per kWh. The tool assumes revenue and costs stay constant, which real mining rarely does.

Worked example

A rig earns 8.5 a day in coins and uses electricity worth 3.2 a day. The hardware cost 1500. Step 1: daily profit = 8.5 − 3.2 = $5.30. Step 2: monthly profit = 5.30 × 30 = $159.00. Step 3: payback = 1500 ÷ 5.30 = 283 days (the tool prints 283 days). If daily revenue fell to 3 with the same power cost, daily profit would be -$0.20, monthly profit -$6.00 and the payback would show ∞, a sign that the rig loses money to electricity.

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Common mistakes

  • Entering the rig's power draw in watts or the electricity price per kWh. The power field is a daily money cost, so convert first: kW × 24 × price per kWh.
  • Using monthly revenue or a monthly power bill in a field that expects a daily amount.
  • Ignoring pool fees, cooling and maintenance, which are not in the formula and should be folded into the power cost field if you want them counted.
  • Treating a short payback as safe. The figure assumes difficulty and coin price stay as they are today, and both change.
  • Entering a negative revenue, power cost or hardware cost, or leaving one empty. The tool then shows no result.

About this calculator

Crypto mining profitability compares what mining hardware earns in coin rewards (which depend on hash rate, network difficulty, and the coin's block reward) against the cost of running it — chiefly electricity, which depends on the rig's power draw and your local electricity rate. Subtracting daily power cost from daily mining revenue gives net daily profit (and a 30-day monthly figure), and dividing the hardware's purchase price by that net daily profit gives the payback period in days.

Miners use this calculation before buying new hardware to see whether it will pay for itself before it becomes obsolete or before network difficulty rises enough to erode margins, and to compare different rigs or coins by profit-per-dollar-of-electricity. Because network difficulty and coin prices are volatile, profitability estimates are a snapshot, not a guarantee — the same hardware can go from profitable to unprofitable as conditions change.

This calculator takes your estimated daily mining revenue, your daily electricity cost, and your hardware cost, and returns estimated daily and monthly profit and payback time. If you only know hash rate and watts, work out those two daily figures first with a mining-pool or coin estimator and your electricity bill.

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