Bitcoin Mining Calculator is a simple, understandable and convenient tool for calculating the revenue from Bitcoin mining using your hardware. Download the Bitcoin Mining Calculator if you are going to use the services of cloud mining or buy hardware for mining. Our application will help you, if you are engaged in mining and want to know the approximate profit from mining.
Bitcoin Mining Calculator (BTC) helps to calculate how much you can get Bitcoins using of hardware. It considers the power of your hardware, electricity costs and the current difficulty of mining. It shows your income in BTC, US dollars (USD), Euro (EUR) and Ukrainian hryvnia.
The application draws actual profitability graphs. Bitcoin is now mostly mined on ASIC miners. To calculate the profitability of mining on specific hardware, you just need to select the ASIC Miner from the list of the miners or enter the data on the power consumption manually. If you want a specific ASIC miner to be included in the hardware list, write us in the reviews.
The difficulty of mining and the exchange rate of bitcoin are taken from official sources at the time of settlement. The app considers the cost of electricity for 1 kWh / hour. Information about the price of electricity depends on the region where you live. This information must be entered manually. Before buying hardware for mining, think about the payback of it. May be hardware will not pay off at all because of the increasing difficulty of mining and electricity costs.
First, the application calculates the payback time. Then it builds a payback schedule, considering electricity costs and hardware prices. Then it draws a profit graph. If the hardware does not pay off for the cost for 1 year, it is unlikely to pay off. You should understand it and we don’t recommend to buy hardware with a payback period of more than a year.
ASIC Miner is a specialized hardware for bitcoin mining. It is well suited for the mining of Bitcoin crypto currency, but it is not at all suitable for Ethereum mining. Remember about it choosing hardware. The Ethereum (ETH) is mined on video cards or video card farms. The results of the calculation are of an approximate nature, because the difficulty of mining is constantly changing, and the rate of bitcoin is also constantly changing.
If you want to calculate the profitability of cloud-based mining, just enter the hashrate of your cloud, set zero energy consumption and click "Calculate Profit". In the application you can copy the calculation results to the buffer by clicking on the fields with the calculation data. It is also possible to send results to e-mail as an attachment.
Conversion table for the units of the hashrate:
1 MH/s = 1,000 kH/s
1 GH/s = 1,000 MH/s = 1,000,000 kH/s
1 TH/s = 1,000 GH/s = 1,000,000 MH/s = 1,000,000,000 kH/s