Mining Calculator

Mining Calculator

You can test your profits with our online mining calculator. There are ways to profit with bitcoin mining. Ways to earn from bitcoin mining typically involve upfront investment of mining hardware. Raw mining earnings are calculated by mining power of your bitcoin mining hardware, measured in hashes per second, and the current difficulty and block reward of the bitcoin network.

Most modern hardware measures its power in TH/S (trillion hashes per second) please note that bitcoin mining is not a get rich quick scheme. This article will discuss the factors affecting profit, best process to follow to make a profit if it’s possible with your power costs, limitations on small scale operations, how to secure your earnings from theft/loss, alternative mining options, and prospects of making a profit. This is a moderate risk investment and many factors which will be discussed in this article must be considered.
What factors affect profit?

To earn from bitcoin mining you need to consider the following in your bitcoin mining calculation:
Upfront hardware cost, the price you pay for the hardware
The mining power of your hardware, in TH/S
Mining difficulty
Power consumption of the hardware
Your electricity cost
Climate of your country
Bitcoin price
Block reward, which halves every four years, the last halving occurred in 2016.

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