Cryptocurrency mining has become one of the most competitive sectors in the digital economy. Whether you’re mining Bitcoin, Litecoin, or another proof-of-work (PoW) coin, calculating your profitability is critical to making smart financial decisions. That’s exactly where our Miner Profitability Calculator comes in.
This simple yet powerful online tool helps you determine how much money you can make (or lose) each day based on your mining equipment’s hashrate, energy consumption, electricity rate, and estimated daily crypto reward. It gives you a quick and reliable estimate of your daily power cost and net daily profit—essential data for any miner, beginner or expert.
Miner Profitability Calculator
How to Use the Miner Profitability Calculator
Using the tool is fast and intuitive. Follow these simple steps to estimate your mining profitability:
1. Enter Your Hashrate (TH/s)
- This is the speed at which your mining equipment solves hashes.
- Common for Bitcoin miners; enter your device’s performance (e.g., 110 TH/s).
2. Enter Power Consumption (Watts)
- Enter how much electricity your mining rig uses per hour.
- For example, an Antminer S19 Pro consumes around 3250W.
3. Input Electricity Cost ($/kWh)
- The cost of electricity per kilowatt-hour (kWh) varies by region.
- You might pay $0.12/kWh in the U.S. or $0.05/kWh in parts of Asia.
4. Estimated Daily Reward ($)
- Based on the coin you're mining and the current difficulty/rewards.
- Input the USD value of your estimated daily mining reward.
5. Click “Calculate”
- The calculator instantly computes:
- Daily Power Cost
- Daily Profit
6. View Results
- Your results appear in a clear and user-friendly format.
- If needed, use the “Reset” button to start over.
Real-World Example: Bitcoin Mining with Antminer S19 Pro
Let’s say you’re using an Antminer S19 Pro, and you want to calculate your potential daily profit.
Input Values:
- Hashrate: 110 TH/s
- Power Consumption: 3250 W
- Electricity Cost: $0.12 per kWh
- Estimated Daily Reward: $9.75
Step-by-Step:
- Power cost = (3250W * 24 / 1000) * $0.12 = $9.36
- Daily profit = $9.75 - $9.36 = $0.39/day
This lets you know the operation is barely profitable, and you may need to optimize power usage or wait for better market conditions.
Why Use a Miner Profitability Calculator?
✅ Make Informed Investments
Before buying mining hardware, know if it will be profitable under your local energy rates and network conditions.
✅ Manage Operating Costs
Track how energy prices and mining rewards impact your daily earnings.
✅ Adapt to Market Fluctuations
Crypto markets are volatile. As mining rewards and difficulty change, so should your calculations.
✅ Choose the Right Location
Some countries have much lower energy costs—use the calculator to model profitability in different scenarios.
Use Cases Beyond Bitcoin
While Bitcoin is the most popular, this calculator can be used for any proof-of-work cryptocurrency, including:
- Litecoin (LTC) – Lower hashrate and power usage
- Ethereum Classic (ETC) – Still mineable with GPUs or ASICs
- Dogecoin (DOGE) – Often mined in conjunction with Litecoin
- Kaspa (KAS) – Newer PoW coin with fast block times
Just adjust the reward input to match the USD value of your daily earnings.
Pro Tips for Maximizing Profit
- Undervolt your hardware to reduce power usage.
- Join mining pools to get consistent payouts.
- Use smart meters or software to monitor actual power draw.
- Compare multiple machines before purchase using this calculator.
- Watch electricity prices, especially in regions with variable rates.
15–20 Frequently Asked Questions (FAQs)
1. What is a miner profitability calculator?
A tool that helps estimate your daily profit or loss from cryptocurrency mining based on hashrate, power usage, electricity cost, and reward.
2. How is power cost calculated?
It uses the formula:(Power in Watts × 24 hours ÷ 1000) × electricity rate in $/kWh
3. Can I use this calculator for GPU mining?
Yes. Enter your GPU rig's total power consumption and expected daily reward.
4. Is this calculator only for Bitcoin?
No. You can use it for any PoW coin—just adjust the hashrate and rewards accordingly.
5. What’s a typical electricity cost?
Rates vary. U.S. averages around $0.12/kWh, while some areas offer below $0.05/kWh.
6. How do I find my miner’s hashrate?
Check the manufacturer specs or mining software dashboard.
7. What happens if crypto prices drop?
Your daily reward in USD decreases, which lowers profitability. Recalculate often.
8. Should I include hardware costs?
This calculator focuses on daily operational profit. Hardware ROI can be calculated separately.
9. Can the results vary day to day?
Yes. Network difficulty and market prices change frequently, impacting rewards.
10. Why is my profit negative?
Your electricity cost is higher than the mining reward—common with inefficient hardware.
11. How accurate is the calculator?
It gives a reliable estimate based on the inputs. Real-world values may vary slightly.
12. Does this calculator work for mobile mining apps?
Most mobile mining apps earn extremely low rewards—results will likely show minimal or negative profits.
13. Can I calculate weekly or monthly profit?
Yes—just multiply the daily profit by 7 or 30.
14. What’s the best way to improve profitability?
Reduce power usage, find lower-cost electricity, and choose efficient miners.
15. Can I save or export the results?
Not currently. You can take a screenshot or manually record the numbers.
16. How often should I recalculate profitability?
Daily or weekly, especially if crypto prices or energy rates change.
17. What is a good profit margin?
Aim for 20%+ if possible. Break-even or negative profit means you should reassess your setup.
18. Can I use solar energy to reduce costs?
Yes! Offsetting power with renewables can significantly boost long-term profitability.
19. Do I need an internet connection to use this calculator?
Only to access the page. Calculations are done instantly in your browser.
20. Is mining still profitable in 2025?
It depends on the coin, hardware, and electricity rates. Use the calculator to stay ahead.
Conclusion
The Miner Profitability Calculator is an indispensable tool for anyone engaged in cryptocurrency mining. With just a few inputs, you can quickly determine whether your setup is financially viable and make smarter decisions based on real-time numbers.