Bitcoin Mining Profitability Calculator
Estimate Bitcoin mining profitability, ASIC daily profit, break-even electricity cost, and payback period. Select an Antminer or Whatsminer preset, then fine-tune your own numbers.
Quick answer
Use this mining profit calculator to estimate whether a miner can cover electricity and hardware assumptions. It is a planning model, not a guarantee of mined rewards or future coin price.
| Formula | Estimated profit = mining revenue - electricity cost - pool fees - hardware or other operating costs. |
|---|---|
| Inputs | Hashrate, power draw, electricity price, pool fee, network difficulty or revenue estimate, coin price, and hardware cost. |
| Sources | Uses calculator inputs and preset mining assumptions where present; live network conditions and coin prices may differ. |
| Limits | Difficulty, block rewards, pool luck, downtime, hardware failure, tax, and price volatility can materially change real returns. |
Used to estimate payback period and ROI from current net profit.
| Period | Revenue | Power Cost | Net Profit |
|---|---|---|---|
| 24 Hours | |||
| 7 Days | |||
| 30 Days |
How to Calculate Bitcoin Mining Profit and ROI
This calculator is built for Bitcoin-style ASIC mining economics: hashrate, power draw, electricity cost, pool fee, network difficulty, and coin price. It gives you the numbers that matter most for a real purchase decision: daily net profit, break-even power rate, and estimated payback period.
The core formula is straightforward: Net Profit = Gross Revenue − Power Cost − Pool Fees. Gross revenue is derived from your share of network hashrate, while power cost scales with watts and your local utility rate. Once you enter a hardware purchase price, the page can estimate payback and 30-day ROI from the current net profit.
For example, an Antminer S19 Pro at 110 TH/s and 3,250W, with electricity at $0.06/kWh, Bitcoin at $65,000, and network hashrate at 600 EH/s, can produce a meaningful margin only if the power rate stays below the break-even threshold. That is why this page emphasizes real electricity cost and payback instead of headline revenue alone.
If you are comparing hardware types, ASICs usually fit the best here. The main ASIC profit calculator focuses on Antminer-style search intent, while this page stays broader and covers Bitcoin mining plus related coins like Litecoin, Dogecoin, and Bitcoin Cash.
Bitcoin Mining Profitability Formula
A Bitcoin mining profitability calculator should separate revenue, pool fees, electricity, and hardware payback. Gross revenue can look attractive, but the real decision is usually made by power cost and miner efficiency.
The practical formula is Daily Net Profit = Daily BTC Mined x BTC Price - Pool Fees - Electricity Cost. Payback period is Hardware Cost / Daily Net Profit when net profit is positive.
| Metric | What it tells you | Why it matters |
|---|---|---|
| Gross revenue | BTC earned before costs | Useful for comparing hashrate, not final profit. |
| Power cost | Watts / 1,000 x 24 x $/kWh | Usually the biggest operating cost for ASIC miners. |
| Net profit | Revenue after electricity and pool fees | The number to use for ROI and payback decisions. |
| Profit per TH/s | Net profit divided by miner TH/s | Helps compare Antminer and Whatsminer models. |
Electricity Cost and Break-Even Mining Profit
Most Bitcoin mining profitability searches eventually become an electricity question. A miner can be profitable at $0.05/kWh and unprofitable at $0.12/kWh with the same Bitcoin price and network hashrate.
Use the break-even electricity output to compare the miner against your real utility rate or hosting quote. If your actual rate is above break-even, the machine is losing money before hardware depreciation, repairs, downtime, or tax are considered.
| Electricity rate | Typical interpretation |
|---|---|
| $0.03-$0.06/kWh | Often the range where efficient ASIC miners have the best chance of positive net profit. |
| $0.07-$0.10/kWh | Can work for efficient machines, but payback becomes more sensitive to Bitcoin price and difficulty. |
| $0.12/kWh and above | Often difficult for older ASICs unless market conditions are unusually favorable. |
GPU vs ASIC Mining: What This Calculator Covers
- Best for Bitcoin and SHA-256 style mining economics.
- Good fit for Antminer and Whatsminer presets.
- Most useful when you care about power cost, difficulty, and payback.
- This calculator gives the most precise results in this mode.
- Usually more flexible, but profit can shift quickly across altcoins.
- Often less efficient than dedicated ASIC hardware for Bitcoin-style mining.
- Useful as a high-level comparison when deciding between GPU rigs and ASIC rigs.
- Use this page for direction, not for exact GPU coin-by-coin profitability.
| Factor | ASIC | GPU |
|---|---|---|
| Efficiency | Usually higher for one algorithm | Usually lower, but more flexible |
| Profit stability | More predictable for Bitcoin-style mining | Changes more often with altcoin rotations |
| Best use case | Dedicated BTC / SHA-256 mining | Multi-coin experimentation and flexible workloads |
| What to use here | Full profitability, break-even, and payback estimates | Directional comparison only, not a full GPU calculator |
Popular ASIC Presets
| Model | Hashrate | Power | Why it helps |
|---|---|---|---|
| Antminer S21 | 200 TH/s | 3,550W | Useful for newer BTC mining profitability checks. |
| Antminer S21 Hyd | 335 TH/s | 5,360W | Helps benchmark high-output hosting and cooling scenarios. |
| Antminer S19 Pro | 110 TH/s | 3,250W | A common baseline for older ASIC ROI comparisons. |
| Whatsminer M50S / M60S | 126 - 172 TH/s | 3,276 - 3,440W | Good for comparing Whatsminer profit against Antminer options. |
Specialized Mining Profit Pages
Mining Profitability Calculator — FAQ
What factors determine crypto mining profitability?
Mining profitability comes down to hashrate, network difficulty, electricity cost, pool fees, and coin price. If any one of those moves, your daily net profit changes with it.
How do I calculate Bitcoin mining profitability per TH/s?
Estimate the miner's share of network hashrate, multiply by daily block rewards, convert the mined BTC to USD, then subtract pool fees and electricity cost. Per-TH/s profitability is the daily net profit divided by the miner's TH/s.
Why is my mining profit decreasing every month?
Network difficulty usually rises when more hashrate joins the network, so the same machine earns a smaller share of block rewards over time. Recalculate frequently instead of relying on an old estimate.
Should I join a mining pool or mine solo?
For most miners, a pool gives steadier results because your hashrate is combined with others. Solo mining can work, but the variance is much higher and usually unsuitable for small rigs.
Is GPU mining still profitable in 2026?
GPU mining is still possible, but it is usually less efficient and more volatile than ASIC mining. For this page, the calculator is optimized for Bitcoin-style ASIC economics and power-cost analysis.
What is the most profitable coin to mine right now?
The best coin depends on your hardware and electricity rate. For ASIC miners, Bitcoin is usually the main benchmark because SHA-256 hardware is built around it. For GPU miners, the answer changes more often, so the useful metric is break-even electricity cost rather than a fixed coin choice.