Question 1

How is mining profitability calculated?

Accepted Answer

Daily coins earned = (your hashrate / network hashrate) x (86400 / block time) x block reward x (1 - pool fee). Revenue is then calculated by multiplying coins by the current market price, and profit by subtracting electricity costs.

Question 2

Are the mining calculator results guaranteed?

Accepted Answer

No. Mining calculators provide estimates based on current network conditions. Actual earnings vary due to mining luck, difficulty changes, price fluctuations, and network hashrate changes. Use calculator results as rough estimates, not guarantees.

Question 3

What factors affect mining profitability?

Accepted Answer

The main factors are: your hashrate, electricity cost per kWh, hardware power consumption, pool fees, network difficulty, block reward, and coin market price. Electricity is usually the largest ongoing cost for miners.

Question 4

How do I find my GPU hashrate?

Accepted Answer

Run your mining software (T-Rex, lolMiner, XMRig, etc.) for a few minutes and check the reported hashrate in the console output. You can also check community benchmarks for your specific GPU model on each algorithm.

Question 5

What is a good electricity cost for mining?

Accepted Answer

Under $0.10/kWh is considered good for mining profitability. Many profitable miners pay $0.03-0.07/kWh. Above $0.15/kWh, most GPU mining becomes unprofitable unless coin prices are very high. Industrial rates and renewable energy can significantly improve margins.

Mining Profitability Calculator

Settings

Quick-Fill GPU Benchmarks (for selected coin)

Results

How It Works