Bitcoin Profitability Calculator – BTC Mining Profit Calculator

Bitcoin Profitability Calculator – BTC Mining Profit Calculator

Come in your set up information in the form below. Do not come in commas, only dots for decimal separator.

Nothing assured, of course this is only a rough estimate!

Do not inject commas, only dots for decimal separator. You can also calculate rented mining by setting “Power consumption” to zero and “Cost of mining hardware” to the rent per time framework. Default values are for a system of four 6870s.

Estimate Strategy

Extrapolating bitcoin difficulty or price is unspoiled voodoo. It is much lighter to predict the relationship of the two parameters in form of the Mining Factor. The Mining Factor one hundred is the value in USD of the bitcoins you can generate if you let a 100MHash/s miner run for twenty four hours. If the Mining Factor one hundred rises above $Two or so everybody buys mining equipment and thus increases difficulty. If it falls people will stop mining eventually. The estimate starts with the current Mining Factor and decreases it exponentially such that the decrease accounts for the factor decline per year. Please note that a profit/loss by holding the coins is not accounted for in this estimate.

Things to consider that might eat into your profit:

  • The values above are only a snapshot. The network and markets are moving quickly. Check out these diagrams to get a feeling for it.

Looks like if your mining operation is not profitable now, it very likely will not be in the future.

  • With rising bitcoin exchange rates it might be more profitable to buy bitcoins than to mine. There are spreadsheets available in this thread

    or this one (with some FPGA data) for a more custom-made calculation.

    Bitcoin exchanges: LocalBitcoins, BitQuick.

  • The calculation is based on average block generation time. The closer the average generation time is to the time framework the more the resulting revenue depends on luck.
  • You will have to pay mining pool fees from close to nothing up to 3% depending on the pool. Unless you want to do pool hopping you should go to a pool with hopping protection. I recommend Arsbitcoin and EclipseMC (with namecoin merged mining). P2Pool is a fresh fully decentralized alternative.
  • You will get somewhere from 1% to 3% of “stale shares”. Thread.
  • The Bitcoin block mining prize halves every 210,000 blocks, the coin prize will decrease from twenty five to 12.Five coins; Reward-Drop ETA date: 09 Jul 2016. This might partly be compensated by falling difficulty, raising prices, higher transfer fees, etc.
  • A mining computer generates a lot of fever as a byproduct. This can influence your heating/airconditioning costs depending on outside temperatures. Other byproducts could be noise and an angry wifey.
  • Do you have lots of practice with and like working with computers during lonesome nights? You have to spend fairly some time to set up the system (lightly several days!) and observe it.
  • You will not get a 100% uptime.
  • You will most likely not be able to reach the highest values in the Mining Hardware Comparison.

    Some bragging / measuring error and extensive overclocking of the cards is involved here. Note ClockTweak, a win32 guideline line overclocking/underclocking implement powered by bitcoinX.

  • Scaling effects: three cards in one equipment do worse than a single card because it gets stiffer to get out the fever. Results in the list above do not reflect the number of cards.
  • A disruptive technology like ASIC chips could showcase up and make GPU mining less profitable.
  • Politics and legal issues might affect the bitcoin market.
  • Bitcoin Profitability Calculator – BTC Mining Profit Calculator

    Bitcoin Profitability Calculator – BTC Mining Profit Calculator

    Inject your set up information in the form below. Do not come in commas, only dots for decimal separator.

    Nothing ensured, of course this is only a rough estimate!

    Do not inject commas, only dots for decimal separator. You can also calculate rented mining by setting “Power consumption” to zero and “Cost of mining hardware” to the rent per time framework. Default values are for a system of four 6870s.

    Estimate Strategy

    Extrapolating bitcoin difficulty or price is unspoiled voodoo. It is much lighter to predict the relationship of the two parameters in form of the Mining Factor. The Mining Factor one hundred is the value in USD of the bitcoins you can generate if you let a 100MHash/s miner run for twenty four hours. If the Mining Factor one hundred rises above $Two or so everybody buys mining equipment and thus increases difficulty. If it falls people will stop mining eventually. The estimate starts with the current Mining Factor and decreases it exponentially such that the decrease accounts for the factor decline per year. Please note that a profit/loss by holding the coins is not accounted for in this estimate.

    Things to consider that might eat into your profit:

    • The values above are only a snapshot. The network and markets are moving quickly. Check out these diagrams to get a feeling for it.

    Looks like if your mining operation is not profitable now, it most likely will not be in the future.

  • With rising bitcoin exchange rates it might be more profitable to buy bitcoins than to mine. There are spreadsheets available in this thread

    or this one (with some FPGA data) for a more custom-made calculation.

    Bitcoin exchanges: LocalBitcoins, BitQuick.

  • The calculation is based on average block generation time. The closer the average generation time is to the time framework the more the resulting revenue depends on luck.
  • You will have to pay mining pool fees from close to nothing up to 3% depending on the pool. Unless you want to do pool hopping you should go to a pool with hopping protection. I recommend Arsbitcoin and EclipseMC (with namecoin merged mining). P2Pool is a fresh fully decentralized alternative.
  • You will get somewhere from 1% to 3% of “stale shares”. Thread.
  • The Bitcoin block mining prize halves every 210,000 blocks, the coin prize will decrease from twenty five to 12.Five coins; Reward-Drop ETA date: 09 Jul 2016. This might partly be compensated by falling difficulty, raising prices, higher transfer fees, etc.
  • A mining computer generates a lot of warmth as a byproduct. This can influence your heating/airconditioning costs depending on outside temperatures. Other byproducts could be noise and an angry wifey.
  • Do you have lots of practice with and like working with computers during lonesome nights? You have to spend fairly some time to set up the system (lightly several days!) and observe it.
  • You will not get a 100% uptime.
  • You will most likely not be able to reach the highest values in the Mining Hardware Comparison.

    Some bragging / measuring error and extensive overclocking of the cards is involved here. Note ClockTweak, a win32 guideline line overclocking/underclocking instrument powered by bitcoinX.

  • Scaling effects: three cards in one equipment do worse than a single card because it gets stiffer to get out the warmth. Results in the list above do not reflect the number of cards.
  • A disruptive technology like ASIC chips could demonstrate up and make GPU mining less profitable.
  • Politics and legal issues might affect the bitcoin market.
  • Related video:

    Leave a Reply