Calculate cryptocurrency mining profitability for Bitcoin, Litecoin, Dogecoin, Monero, Ethereum Classic, Bitcoin Cash, Ravencoin, and Zcash.
Select the cryptocurrency you want to mine
Your miner's hashrate
Select your hashrate unit
Power consumption of your mining hardware
Cost of electricity per kilowatt-hour
Mining pool fee percentage
Initial cost of mining hardware
Current price (optional, uses default if empty)
Miners use computers to solve complex math problems and secure blockchain networks. Successful miners earn newly created coins plus transaction fees.
ASICs: Bitcoin, Litecoin (most efficient)
GPUs: Ethereum Classic, Ravencoin (versatile)
CPUs: Monero (ASIC-resistant)
Electricity Cost: #1 factor in profitability
Hardware Efficiency: More efficient = higher profits
Coin Price: Higher prices = more profit
Network Difficulty: More miners = harder to earn
Depends on electricity costs and hardware efficiency. Target electricity under $0.06/kWh for best results.
Definition: Your miner's computational power
Units: H/s, KH/s, MH/s, GH/s, TH/s
Example: 110 TH/s (110 trillion hashes/second)
Definition: A unique fingerprint of data
Purpose: Secures blockchain transactions
Example: SHA-256 for Bitcoin, Scrypt for Litecoin
Definition: How hard it is to find a valid hash
Impact: Higher difficulty = lower rewards
Adjustment: Changes every 2016 blocks (Bitcoin)
Definition: Group of miners working together
Benefit: More consistent payouts
Fee: Usually 1-3% of earnings
Definition: New coins created per block
Bitcoin: 6.25 BTC (halving every 4 years)
Litecoin: 12.5 LTC per block
Definition: Hash function used for mining
SHA-256: Bitcoin, Bitcoin Cash
Scrypt: Litecoin, Dogecoin
For: Bitcoin, Litecoin, Bitcoin Cash, Dogecoin
Examples: Antminer S19 Pro, L7
Cost: $2K-$10K
Power: 3000-3500W
Best for: High hashrate, single coin
For: Ethereum Classic, Ravencoin, Zcash
Examples: RTX 3080, RX 6800 XT
Cost: $500-$2000 per GPU
Power: 150-350W per GPU
Best for: Versatile, multiple coins
For: Monero (XMR only)
Examples: Ryzen 9 5950X
Cost: $200-$1000
Power: 65-280W
Best for: Low cost entry
Find in: Hardware specs, mining software, pool stats
Example: Antminer S19 Pro = 110 TH/s
Find in: Hardware specs, Kill-a-Watt meter
Example: Antminer S19 Pro = 3,250W
Find in: Your electricity bill
Example: $0.12/kWh (residential), $0.05/kWh (industrial)
Find in: Pool websites (F2Pool, Antpool)
Example: Slush Pool = 2%, F2Pool = 2.5%
Find in: Manufacturer sites, authorized dealers
Example: Antminer S19 Pro = $2,500-$4,000
Find in: CoinMarketCap, CoinGecko
Example: Bitcoin = $65,000, Ethereum Classic = $25
Target under $0.06/kWh. Consider industrial rates, renewable energy, or off-peak mining.
Buy newer, more efficient equipment. Research hashrate vs power consumption ratios.
Compare fees (0.5-2%), payout methods, and reliability. Lower fees ≠ better profits.
Clean dust monthly, ensure proper cooling. Overheating reduces hashrate and lifespan.
Monitor profitability across coins. GPU miners can switch algorithms for better profits.
Buy hardware during market downturns. Consider holding mined coins for long-term gains.
Calculate electricity before buying hardware. A 3.25kW ASIC at $0.15/kWh costs $350+/month.
Old miners (Antminer S9) are nearly impossible to profit from. Efficiency matters more than cost.
Network difficulty rises over time. Today's profitability won't last. Build in margin for increases.
ASICs are LOUD and HOT. Residential rates often kill profits. Plan proper ventilation and noise control.
Not all coins are profitable. Don't mine Bitcoin with GPUs or Ethereum (now PoS, not mineable).
Overheating reduces hashrate and lifespan. Each ASIC outputs 3-4kW of heat. Needs active ventilation.
Mining income is taxable. Track every payout's USD value. Selling = capital gains. Consult tax professional.
Many scam sites sell fake hardware. Buy only from authorized dealers. Too-good prices = scam.