Crypto Mining Profitability: How to Estimate Mining Revenue

Every network figure, reward and price in this guide is an illustrative example, not current data. Enter up-to-date values from reliable sources when you use the calculators.

The inputs

• Your hashrate: how many hashes per second your hardware performs (for example, TH/s).
• Network hashrate: the combined hashrate of all miners on the network.
• Block reward and block rate: coins issued per block and blocks per day.
• Power consumption: your hardware's draw in watts.
• Electricity cost: your price per kilowatt-hour.
• Pool fee: the percentage a mining pool keeps.
• Hardware cost: used to estimate how long it takes to pay back the equipment.

The formulas

Network share = Your hashrate ÷ Network hashrate
Coins per day = Network share × Blocks per day × Block reward
Revenue per day = Coins per day × Coin price × (1 − Pool fee)
Electricity per day = Power (kW) × 24 × Price per kWh
Profit per day = Revenue − Electricity

Example with illustrative values

If this hardware cost $3,000, simple payback at $2.10 a day would take about 1,430 days — assuming nothing changes, which in practice it will.

Why profitability changes

• Network hashrate tends to change as miners join or leave, which changes your share.
• Mining difficulty adjusts to keep block times steady.
• Block rewards can be reduced on a schedule (on Bitcoin, roughly every four years).
• Coin prices move constantly.
• Electricity prices and hardware efficiency vary.

Calculator assumptions

The MoneyTools mining tools start with example values so you can see how they work. They're labelled as examples — replace them with figures you've checked. The calculators don't include transaction fee rewards, hardware wear, cooling, or taxes unless you add them into your inputs.

Calculators

• Crypto Mining Profitability Calculator: revenue, electricity, profit and payback.
• Hashrate Revenue Calculator: expected coins and revenue from your share of network hashrate.