Bitcoin Mining Calculator - BTC Mining Calculator (2024)

Bitcoin Mining Calculator - BTC Mining Calculator (1)

BTC Mining Calculator

Bitmain Antminer S19 XP miner preloaded.

Enter your Bitcoin mining hashrate, power consumption in watts, and costs.

advanced


Mining Revenue
$10.61


Mining Fees
$0.00


Electricity Costs
$3.61

0.00001019 BTC
Bitcoin mined per hour

0.00024445 BTC
Bitcoin mined per day

$7.00
Bitcoin mining profit per day

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Bitcoin Mining Calculator - BTC Mining Calculator (6) Bitcoin Miners

Calculate Bitcoin mining profit using one of these Bitcoin miners. Select or click a miner to have the inputs preloaded automatically. Then simply click the "Calculate Mining Profit" above.

Bitmain
Antminer S19 XP
$17,999.99 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (7)

140.00 TH/s

3,010 Watts

21.50 J/TH/s

128.57 $/TH/s

MicroBT
Whatsminer M30S++ 112T
$9,899.99 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (9)

112.00 TH/s

3,472 Watts

31.00 J/TH/s

88.39 $/TH/s

Bitmain
Antminer S19 Pro
$11,999.99 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (11)

110.00 TH/s

3,250 Watts

29.55 J/TH/s

109.09 $/TH/s

Bitmain
Antminer S19j Pro
$14,999.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (13)

100.00 TH/s

3,050 Watts

30.50 J/TH/s

149.99 $/TH/s

Bitmain
Antminer S19
$11,999.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (17)

95.00 TH/s

3,250 Watts

34.21 J/TH/s

126.31 $/TH/s

Canaan
Avalon 1246 90T
$3,000.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (19)

90.00 TH/s

3,420 Watts

38.00 J/TH/s

33.33 $/TH/s

Canaan
Avalon 1246
$7,999.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (21)

85.00 TH/s

3,421 Watts

40.25 J/TH/s

94.11 $/TH/s

Bitmain
Antminer T19
$11,999.99 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (23)

84.00 TH/s

3,150 Watts

37.50 J/TH/s

142.86 $/TH/s

Canaan
Avalon 1166 PRO
$6,999.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (25)

78.00 TH/s

3,276 Watts

42.00 J/TH/s

89.73 $/TH/s

MicroBT
Whatsminer M31S 74T
$6,700.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (27)

74.00 TH/s

3,404 Watts

46.00 J/TH/s

90.54 $/TH/s

Bitmain
Antminer S17+
$5,999.99 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (29)

73.00 TH/s

2,920 Watts

40.00 J/TH/s

82.19 $/TH/s

MicroBT
Whatsminer M31S 70T
$5,700.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (31)

70.00 TH/s

3,360 Watts

48.00 J/TH/s

81.43 $/TH/s

Canaan
Avalon 1166 68T
$2,200.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (33)

68.00 TH/s

3,196 Watts

47.00 J/TH/s

32.35 $/TH/s

MicroBT
Whatsminer M20S-68T
$2,350.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (35)

68.00 TH/s

3,264 Watts

48.00 J/TH/s

34.56 $/TH/s

Innosilicon
T3+Pro 67T
$1,999.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (37)

67.00 TH/s

3,300 Watts

49.25 J/TH/s

29.84 $/TH/s

Canaan
Avalon 1146 Pro 63T
$1,800.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (39)

63.00 TH/s

3,276 Watts

52.00 J/TH/s

28.57 $/TH/s

Innosilicon
T3+57T
$2,166.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (41)

57.00 TH/s

3,300 Watts

57.89 J/TH/s

38.00 $/TH/s

Canaan
Avalon 1146 56T
$1,600.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (43)

56.00 TH/s

3,192 Watts

57.00 J/TH/s

28.57 $/TH/s

Bitmain
Antminer S17 Pro
$4,499.99 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (45)

50.00 TH/s

1,975 Watts

39.50 J/TH/s

90.00 $/TH/s

Innosilicon
T3+50T
$2,100.00 MSRP

Bitcoin Mining Calculator - BTC Mining Calculator (47)

50.00 TH/s

3,100 Watts

62.00 J/TH/s

42.00 $/TH/s

Most accurate Bitcoin mining calculator trusted by millions of crypto miners since May 2013. Best Bitcoin mining profitability calculator with difficulty preloaded along with the newest ASIC Bitcoin miner specs (hashrate, watts, & kWh) for 2023.

Our BTC mining calculator makes it simple and easy to quickly see Bitcoin mining profitability based on hashrate, power consumption, and costs. Default inputs are preloaded with the latest Bitcoin difficulty target and Bitcoin mining hashrate for the best Bitcoin miner.

Bitcoin Mining Reward Estimates

Bitcoin mining profitability calculator results

Bitcoin Profit Margin

+ 65.96%

Mining Rewards Stats

25,567.5
Days
to solve 1 block mining solo

4,090.8
Days
to mine 1 BTC

Bitcoin Mining Investment

2,571.5
Return On Investment (ROI) in Days

Estimated Mining Rewards

0.00001019 BTC
Bitcoin mined per hour

0.00024445 BTC
Bitcoin mined per day

Bitcoin Mining Profit


Mining Revenue
$10.61


Mining Fees
$0.00


Electricity Costs
$3.61

$7.00
Bitcoin mining profit per day

Bitcoin Mining Reward Forecasts

Time Frame BTC Reward Revenue USD* Power Cost (in USD) Pool Fees (in USD) Profit (in USD)
Hourly 0.00001019 $0.44 $0.15 $0.00 $0.29
Daily 0.00024445 $10.61 $3.61 $0.00 $7.00
Weekly 0.00171116 $74.28 $25.28 $0.00 $49.00
Monthly 0.0073 $318.36 $108.36 $0.00 $210.00
Annually 0.0892 $3,873.32 $1,318.38 $0.00 $2,554.94

* Bitcoin Price at $43,410.87 USD

Disclaimer: The estimated mining rewards are based on a statistical calculation using the values entered and do not account for difficulty and/or exchange rate fluctuations, stale/reject/orphan rates, and/or a pool's mining luck.

Bitcoin Mining Calculator Inputs

Bitcoin Mining Difficulty Bitcoin Block Reward Bitcoin Price
72,006,146,478,567.00 6.25 BTC $43,410.87 (BTC to USD)
Bitcoin Mining Hashrate Bitcoin Mining Hardware Watts Bitcoin Mining Hardware Cost Electricity Costs
140.00 TH/s 3,010 Watts $17,999.99 $0.05 per kWh

Bitcoin Blockchain Mining Summary

Bitcoin Blockchain Stats

823,224
Block Hieght

10.00 min
Block Time

Bitcoin Block Reward

6.2500 BTC
every 10.00 minute(s) on average

Bitcoin Hashrate

444.34 EH/s
Bitcoin Blockchain Global Hashrate


last 30 days

Bitcoin Mining Difficulty

72.01 T
(72,006,146,478,567.00)


last 30 days

Bitcoin Mining Rewards

$39,069,786.15
Total per day

900.00 BTC
Total per day

How to use the Bitcoin mining calculator?

Every aspect of our Bitcoin mining calculator has been developed for miners by miners.

The latest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate Bitcoin mining profits by adjusting the mining hashrate values or by selecting one of the Bitcoin mining hardware devices from the ASIC Bitcoin miners list.

The Bitcoin mining information is updated continually with the current block mining information. This information is used as the default inputs for the BTC mining calculator along with the default hashrate and wattage specs from the best ASIC Bitcoin miner.

With this information and our backend hashrate calculator, you can calculate your BTC mining profits - providing valuable and strategic profitability information allowing you as the miner to make better informed decisions about Bitcoin mining.

Along with the Bitcoin mining profitability, the list of top 5 ASIC Bitcoin miners is updated frequently. A Bitcoin miner is also referred to as a Bitcoin mining rig, or a Bitcoin mining hardware device, or a Bitcoin mining machine, but we simply call them miners, or more specifically, Bitcoin miners.

Each BTC mining calculator input has been preloaded with the best Bitcoin mining hardware hashrate and energy consumption in watts, average electricity costs as well as the current Bitcoin price, Bitcoin block reward, and Bitcoin difficulty.

Calculate your Bitcoin mining profitability and estimated mining rewards by starting with the Bitcoin mining hashrate calculator inputs above; mining hardware, mining costs, and mining reward.

How Bitcoin Mining Works

Bitcoin mining is the process of securing and validation Bitcoin transactions on the Bitcoin blockchain.

In order to secure and validation transactions - Bitcoin miners are constantly trying to solve the next Bitcoin block.

This process requires an enormous amount of computing power, which is represented by the Bitcoin hashrate.

The Bitcoin hashrate is number of possible solutions (hashes) being generated per second. As of January 2020, the Bitcoin hashrate peaked at 131 EH/s.

Bitcoin mining also generates new Bitcoin.

When a Bitcoin miner finds the correct hash to solve the next Bitcoin block, the miner is rewarded with Bitcoin.

Currently, 6.25 Bitcoin are created when a block is solved.

Bitcoin Mining Guide

To start mining Bitcoin, you'll need cheap electricity (a lot of it), an internet connection, and at least one Bitcoin mining hardware device - an ASIC Bitcoin miner.

In the very early days (2009-2011) you could mine Bitcoin with a CPU, then mining software was created to utilize the computing power of a GPU, then came FPGAs, and in 2013 the first ASIC Bitcoin mining devices became available.

Now, all Bitcoin mining is done using an ASIC Bitcoin miner as it is no longer profitable to mine with a CPU, GPU or FPGA.

That being said, most ASIC miners require 220 volts or higher and at least 20 AMPs. You can check the Bitcoin miner specs to see the power requirements.

At this point you should determine your available power capacity in wattage at the location where you'll be mining.

If you have a 200 AMPs electrical service with 220 volts, then the total power capacity is 200 AMPs * 220 volts = 44,000 watts.

But you never want to use more than 75% of that capacity, otherwise you'll trip the breakers.

So, 44,000 watts becomes 33,000 watts of usable power capacity.

Now that you know how much power capacity you have (more is better), you can determine how many miners you can run. In this case, it would be about 11 Bitmain Antminer S17+ at 2,920 watts per device.

Once you have the Bitcoin mining hardware in hand, the last step is to configure each miner.

Typically, the configuration consists of setting the Bitcoin mining pool, user name, and password.

Most Bitcoin mining device manufacturers provide a guide on how to configure the Bitcoin mining hardware.

Bitcoin Mining Pools

Given the Bitcoin hashrate, it is statically impossible to generate enough hashes to solve a Bitcoin block mining solo (by yourself).

To increase the chances of solving a Bitcoin block, you can join a pool of other miners all working together to solve a block.

Once a block is solved the Bitcoin mining reward is split between the pool participants.

And in turn the Bitcoin mining pool charges a small fee, typically 1% to 4%.

Here is a list of popular Bitcoin mining pools.

Is Bitcoin mining still profitable?

Yes, mining Bitcoin is still profitable - based on the mining hardware hashrate of 140.00 TH/s, electricity costs, and pool / maintenance fees provided.

While, mining Bitcoin is still profitable as of right now...

Mining profitability can change very quickly.

The blockchain is constantly growing and the Bitcoin difficulty increases and decreases over time based on the total computing power currently mining blocks and generating hashes.

That said, we recommend checking your mining profitability frequently.

The Bitcoin mining profitability results and mining rewards were calculated using the best BTC mining calculator with the following inputs.

A BTC mining difficulty of 72,006,146,478,567.00, a BTC mining hashrate of 140.00 TH/s consuming 3,010 watts of power at $0.05 per kWh, and a block reward of 6.25 BTC at $43,410.87 (BTC to USD).

How many Bitcoin can you mine a day?

Based the mining hardware inputs provided, 0.00024445 Bitcoin can be mined per day with a Bitcoin mining hashrate of 140.00 TH/s, a block reward of 6.25 BTC, and a Bitcoin difficulty of 72,006,146,478,567.00.

After deducting mining power costs and mining fees, the final daily Bitcoin mining profit is $7.00 Bitcoin to USD.

How long does it take to mine 1 Bitcoin?

As of Wednesday, December 27, 2023, it would take 4,090.8 days to mine 1 Bitcoin at the current Bitcoin difficulty level along with the mining hashrate and block reward; a Bitcoin mining hashrate of 140.00 TH/s consuming 3,010.00 watts of power at $0.05 per kWh, and a block reward of 6.25 BTC.

It is important to point out that the number of days calculated does not account for difficulty increases and decrease as well as block reward increases and decrease (halvening).

As an enthusiast well-versed in Bitcoin mining, let's delve into the concepts used in the provided article.

1. Bitcoin Mining Calculator:

  • A tool that estimates potential profits for Bitcoin miners based on parameters like hashrate, power consumption, electricity costs, and pool fees.

2. Bitmain Antminer S19 XP:

  • A specific Bitcoin mining hardware model produced by Bitmain.
  • Specifications include hashrate (140.00 TH/s), power consumption (3,010 Watts), and cost ($17,999.99 MSRP).

3. Mining Revenue and Costs:

  • Mining Revenue: The total value of Bitcoin mined.
  • Mining Fees: Transaction fees paid by users for processing their transactions.
  • Electricity Costs: Expenses incurred for the electricity consumed during mining.

4. Bitcoin Mining Profitability:

  • Calculated by subtracting costs (fees and electricity) from revenue.
  • Presented on different timeframes (hourly, daily, weekly, monthly, annually).

5. Bitcoin Mining Hardware:

  • ASIC (Application-Specific Integrated Circuit) miners designed for Bitcoin mining.
  • Examples include Bitmain Antminer S19 XP, MicroBT Whatsminer M30S++, etc.
  • Specifications: Hashrate, Watts consumption, J/TH/s (energy efficiency), and $/TH/s (cost efficiency).

6. Bitcoin Mining Reward Estimates:

  • Predictions on potential Bitcoin rewards over different timeframes.
  • ROI (Return On Investment) in days is provided.

7. Bitcoin Blockchain:

  • Information about the Bitcoin network and its statistics.
  • Block Height, Block Time (average time to mine a block), and Block Reward (6.25 BTC).

8. Bitcoin Mining Difficulty:

  • A measure of how hard it is to find a new block.
  • Constantly adjusted to maintain a 10-minute block time.

9. Bitcoin Hashrate:

  • Total computational power of the Bitcoin network.
  • Measured in EH/s (Exahashes per second).

10. Bitcoin Mining Pools:

  • Collaborative groups of miners combining their computational power.
  • Rewards are distributed among participants based on their contributions.
  • Examples include F2Pool, Poolin, SlushPool, etc.

11. Bitcoin Price:

  • The current value of one Bitcoin in USD.
  • Used in profit calculations.

12. Bitcoin Mining Guide:

  • Overview of the process, hardware requirements, and historical evolution.
  • Emphasis on ASIC miners and power considerations.

13. Mining Profitability Dynamics:

  • Acknowledges that mining profitability fluctuates due to blockchain growth, difficulty adjustments, and price changes.
  • Recommends frequent profitability checks.

14. Bitcoin Reward and Duration:

  • Estimates the amount of Bitcoin mined daily and the time required to mine one Bitcoin.
  • Takes into account the current hashrate, difficulty, and block reward.

In conclusion, the article provides a comprehensive overview of Bitcoin mining, covering hardware, profitability calculations, network dynamics, and guidance for miners. The information is valuable for individuals interested in or currently engaged in Bitcoin mining.

Bitcoin Mining Calculator - BTC Mining Calculator (2024)
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