The market is currently bearish — block rewards are always subject device change. We suggest you enter a custom Bitcoin price into our calculator based on what calculator expect the average price to be over the next year. A monthly electric bill means monthly costs on top of the upfront cost of the hardware.

Bitcoin Mining Calculator and Profitability Calculator

Conclusion Bitcoin mining is very competitive. The ‘work’ is computational power — therefore electricity is required to validate the network. The network and markets are moving quickly. You can use this device calculator from Bitcoin Wisdom to determine how much money an amount of hash power will earn per month.

Instructions on how to use the Bitcoin Mining Calculator:

Every 10 minutes or so, a block calculator verified and a block reward is issued to the miner. Bitcoin mining corporations operate mining farms with thousands of ASICs. The Bitcoin Price Even though the network hash rate will cause your share of the network hash power to go down, the Bitcoin price can bitcoin make up some of these losses..