Mining Profitability Calculator
Mining is profitable only when the value of what your hardware earns exceeds what it costs to run. This calculator takes your estimated daily gross revenue at current network conditions, subtracts the mining pool fee, and subtracts your electricity cost computed from power draw and your per-kilowatt-hour rate. It returns daily, monthly, and annual operating profit plus your daily power cost and a break-even electricity price. Because revenue depends on difficulty and live coin prices, you supply it from a network explorer; the calculator does the deterministic cost arithmetic.
Mining profitability formula
Net revenue = gross revenue * (1 - pool fee / 100)
Daily kWh = (power watts / 1000) * 24
Power cost = daily kWh * price per kWh
Daily profit = net revenue - power cost
Break-even price = net revenue / daily kWh
Monthly profit uses 30 days. Break-even price is the electricity rate at which daily profit becomes zero. Hardware purchase cost and difficulty drift are not modeled.
Things to know
- Gross revenue floats with difficulty, block reward, and coin price; take it from a network explorer.
- Measure actual power draw at the wall with a meter; rated wattage may differ from real use.
- The EIA publishes average electricity prices by state as a cross-check on your utility rate.
- Rising network difficulty typically lowers revenue per unit of hash rate over time.
- This is operating profit only; recovering hardware cost takes additional time.
Mining profitability: frequently asked questions
How is mining profitability calculated?
Daily profit equals daily gross revenue, less the pool fee, less electricity cost. Electricity cost is the rig's power draw in kilowatts times 24 hours times your price per kilowatt-hour. Gross revenue is what your hash rate earns at current network difficulty and coin price, which you supply from a network explorer because it changes continuously.
Why is gross revenue a user input?
Mining revenue depends on network difficulty, block reward, transaction fees, and the live coin price, all of which move constantly and differ by coin and algorithm. There is no single fixed figure, so this tool takes your estimated daily gross revenue at current conditions as an input rather than hardcoding a number that would quickly be wrong.
How do I find my rig's power draw?
Power draw is the electrical load of your mining hardware, measured in watts at the wall. Manufacturer specifications list a rated wattage, and a plug-in power meter measures actual draw. Enter the figure in watts; the calculator converts to kilowatts and multiplies by 24 hours and your electricity rate.
What electricity price should I use?
Use your actual marginal price per kilowatt-hour from your utility bill, including delivery charges and taxes if they scale with usage. The U.S. Energy Information Administration publishes average residential and commercial electricity prices by state, useful as a sanity check, but your own rate is the figure that matters.
Does this include hardware cost or difficulty changes?
No. This is an operating-profit view: revenue minus pool fee minus power. It does not amortize hardware purchase cost, model rising network difficulty over time, or account for coin price volatility. Treat the result as a snapshot at today's conditions, not a forecast.
Official sources
- U.S. Energy Information Administration: Electricity data.
- U.S. Internal Revenue Service: Digital Assets.
Reviewed by the CalculatorHub team, edited by James Graham, 17 June 2026. See our methodology.