Mining Profitability Calculator
Find out whether your crypto mining setup is profitable by factoring in daily revenue, power draw, and electricity costs. Essential for miners evaluating new hardware or assessing ongoing operational costs.
About this calculator
Mining profitability is determined by revenue minus energy costs. This calculator uses the formula: Daily Profit = dailyRevenue − (powerConsumption × 24 × electricityCost / 1000). Power consumption is entered in watts; dividing by 1,000 converts it to kilowatts. Multiplying by 24 gives kilowatt-hours (kWh) consumed per day. Multiplying by the electricity cost per kWh gives your daily energy expense. Daily revenue depends on your hash rate (measured in TH/s), the current network difficulty, and the coin's price — miners typically obtain this figure from a mining pool or revenue estimator. A positive result means you're mining at a profit; a negative result means your electricity bill exceeds your earnings and mining is currently unprofitable.
How to use
Suppose your ASIC miner runs at 100 TH/s, consumes 3,250 W, and your electricity costs $0.07 per kWh. Your mining pool estimates daily revenue at $12.00. Enter: Daily Revenue = $12.00, Power Consumption = 3,250 W, Electricity Cost = $0.07. Energy cost = 3,250 × 24 × $0.07 / 1,000 = 78 kWh × $0.07 = $5.46/day. Daily Profit = $12.00 − $5.46 = $6.54. At this rate, your miner generates about $196 per month in profit before hardware depreciation and pool fees.
Frequently asked questions
How do I calculate cryptocurrency mining profitability per day?
Daily mining profit equals your daily revenue from the mining pool minus your daily electricity cost. Electricity cost is calculated as: (power consumption in watts × 24 hours × cost per kWh) ÷ 1,000. Your daily revenue depends on your hash rate, the network difficulty, and the current coin price — most mining pools display this in your dashboard or you can use a network difficulty calculator. Profitability changes constantly as coin prices and difficulty fluctuate.
What electricity cost per kWh makes Bitcoin mining profitable?
The breakeven electricity cost varies with Bitcoin's price and network difficulty. Historically, miners with electricity costs below $0.05–$0.07 per kWh have been consistently profitable using modern ASIC hardware. Industrial miners in regions like parts of the US, Kazakhstan, or Iceland often secure rates of $0.02–$0.04 per kWh, giving them a significant edge. Home miners paying $0.12–$0.15 per kWh may find it difficult to profit unless coin prices are high or they mine alternative coins with lower difficulty.
How does mining difficulty affect cryptocurrency mining profitability?
Mining difficulty is a measure of how hard it is to find a valid block hash on the network. As more miners join the network, difficulty increases and each miner receives a smaller share of the daily block rewards, directly reducing daily revenue. Conversely, when miners leave during bear markets, difficulty drops and remaining miners earn more per TH/s. This is why profitability calculators use an estimated daily revenue figure that must be updated regularly — difficulty can change every two weeks on the Bitcoin network.