What is Cryptocurrency Mining Calculator?
What is Cryptocurrency Profitability Calculator?
Above are some of the cryptocurrency mining calculators available. You can use these calculators to calculate profits you can make by setting up mining hardware which can mine some of the cryptocurrencies in above list. What is Cryptocurrency Profitability Calculator? Profitability calculator, in other words, we can say mining calculators can be used to calculate the profit one can make by setting up different kinds of mining rig or mining hardware. All you would need is to feed these calculators with various different parameters like hash rate of your mining hardware rig, hourly power consumption of it, pool commission percentage the pool which you are going to join in the mining , difficulty of that particular cryptocurrency network, amount of blocks rewarded, price of that currency and once you click calculate it will calculate the hourly, daily, weekly, monthly and yearly profit of the whole mining setup.
Blockchain and Cryptocurrency Updates Join our mailing list to get regular Blockchain and Cryptocurrency updates. Follow Us. Follow us. Can I disable it? The diff change factor can be disabled by either manually setting it to 0 or clicking a "Use Diff Change" switch found below the graph and in the break-even analysis section. Diff Change value is very large. Future profitability estimates may be inaccurate. Consider making Diff Change smaller or turning off Dynamic Difficulty.
Hashrate is the only value you need to input to use this calculator, we do the rest of the work for you! Hashrate is the speed which you are mining, and is normally clearly displayed by your mining software or in the specifications for mining hardware.
Make sure that you have the correct hashrate suffix selected. The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup.
How is this calculated? Time to break-even is calculated by comparing your hardware cost which you must enter below to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The calculator also takes the changing difficulty diff change into account.
If the network difficulty is increasing quickly, this will greatly increase your break-even time.
The diff change can be excluded from the calculation by toggling the "Use Diff Change" switch. Why is my break-even time 0 or never?
If your break-even time is 0 you have likely forgotten to input your hardware cost below. If it is never, your break-even time has been calculated to be greater than 10 years. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future.
You could try lowering the diff change for a less agressive prediction or disable it altogether.
Blockchain and Cryptocurrency Updates
Recurring costs are fixed costs such as rent or internet. This value, along with power costs are subtracted from your revenue to give profit. Higher recurring costs mean lower profits and a longer break-even time. The profitability chart can help you visualize your long term mining projections.
The chart can operate in one of three views: Total Profits The Total Profits view predicts what your overall profitability will be in the future.
12 Biggest Bitcoin Mining Calculator Tool in [Updated]
This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty diff change , the diff change factor can be disabled. This view assumes the price of the coin will stay the same. If you wish to account for a changing price ie if you think the price will rise in the future , switch to the "Coins Generated" view. Coins Generated This view looks at the number of coins you can expect to generate in the future.
Related crypto bitcoin mining calculator
Copyright 2020 - All Right Reserved