So I tried out various bitcoin mining calculators and noticed that some of them give vastly different values from others. As in a difference of double or triple. Who is right, who is wrong! E.g. this site was giving me double of what two other was giving me: http://www.alcula.com/calculators/finance/bitcoin-mining/ Please can someone more knowledgeable point me to a fairly good calculator that can provide me a good estimate of bitcoin output once given a hash rate and mining difficulty.
Bitcoin Mining Calculator - Am I understanding this correctly?
I found this calculator online: https://alloscomp.com/bitcoin/calculator If I punch in the advertised TH/s of my miner I get some output figures for what I can expect to earn in a day/month/year. However, the numbers cant be right, can they? I think this is assuming I am solo mining and I am able to solve a block on my own? Can anyone help explain this? How would joining a mining pool affect my numbers? For a 75 TH/s mining right it says I will earn the following: Difficulty - 5.21974519554e+11 Exchange rate - $1548 Block reward - 12.5 BTC Per day - 0.03613011 BTC $55.93 Per week - 0.25291074 BTC $391.52 Per month - 1.09971008 BTC $1702.42
How can I accurately curve the Bitcoin mining calculator to account for difficulty increase?
Lets say I buy one antminer s9, and run it somewhere I can get free electricity. A typical bitcoin mining profitability calculator will say that at 1300watts, I'll make around 500$ a month. Thats a projected 6k per year which is an amazing ROI, but I want to know how I can accurately account for increasing difficulty costs. I know that we can never fully predict the fluctuation of bitcoin prices and mining costs, but I want to hear from people who have been in the game a while, what they think. When does mining difficulty increase to a point where the s9 is no longer viable with a typical american electricity cost of 8cents per kilowatt hour? When is it no longer viable for hobbyists at all?
Mining Bitcoin is not easy – that's why millions of dollars have been invested to research, develop, prototype and sell specialized mining hardware. Even if you invest in a specialized mining ASIC which can cost thousands of dollars, your chances of successfully validating a block on your own are slim. Find out what your expected return is depending on your hash rate and electricity cost. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. Do you think you've got what it takes to join the tough world of cryptocurrency mining? Bitcoin Mining Calculator. Got your shiny new ASIC miner? Wondering when it will pay off? If you enter your hash rate below, this page will calculate your expected earnings in both Bitcoins and dollars over various time periods (day, week, and month). An easy to use crypto-currency finance utility used to calculate a Bitcoin miner's potential profits in ETH and multiple fiat currencies. The calculator fetches price and network data from the internet and only requires the hash rate (speed of mining) from the user. A projected future profit chart is created dynamically and displayed instantly. MicroBitcoin CPU mining profitability calculator. On this site you can find out the income from mining on different processors and algorithms. Mining calculator yespower, yespowerr16, cpupower and yescrypt. Intel CPU i5, Xeon and new CPU AMD Ryzen.
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