Bitcoin Mining Profitability Calculator
Calculate Bitcoin mining profitability based on hash rate, electricity cost, pool fees, and the BTC price you enter. Estimate daily, monthly, and yearly profit.
Mining Cost Per Coin Calculator
Calculate your all-in cost to mine one coin. Factor in electricity, pool fees, hosting, and hardware depreciation to find your true cost per BTC or altcoin.
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months
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Cost Per Coin⧉
$15,935.94
Break-even coin price: $15,935.94
Profit Per Coin⧉
$29,064.06
Mining is profitable at current price
Profit Margin⧉
64.60%
Excellent margin
Daily Net Profit⧉
$25.58
Gross revenue: $39.60/day
Monthly Net Profit⧉
$767.29
Total daily cost: $14.02
Annual Net Profit⧉
$9,335.38
ROI payback: 6.5 months
Daily Cost Breakdown
Electricity$7.80 (55.60%)
Pool Fee$0.59 (4.20%)
Depreciation$4.63 (33.00%)
Other$1.00 (7.10%)
12-Month Projection
| Month | Coins Mined | Cumulative Revenue | Cumulative Cost | Cumulative Profit |
|---|---|---|---|---|
| 1 | 0.0264 | $1,188.00 | $420.71 | $767.29 |
| 2 | 0.0528 | $2,376.00 | $841.42 | $1,534.58 |
| 3 | 0.0792 | $3,564.00 | $1,262.13 | $2,301.87 |
| 4 | 0.1056 | $4,752.00 | $1,682.84 | $3,069.16 |
| 5 | 0.1320 | $5,940.00 | $2,103.54 | $3,836.46 |
| 6 | 0.1584 | $7,128.00 | $2,524.25 | $4,603.75 |
| 7 | 0.1848 | $8,316.00 | $2,944.96 | $5,371.04 |
| 8 | 0.2112 | $9,504.00 | $3,365.67 | $6,138.33 |
| 9 | 0.2376 | $10,692.00 | $3,786.38 | $6,905.62 |
| 10 | 0.2640 | $11,880.00 | $4,207.09 | $7,672.91 |
| 11 | 0.2904 | $13,068.00 | $4,627.80 | $8,440.20 |
| 12 | 0.3168 | $14,256.00 | $5,048.51 | $9,207.49 |
Energy Consumption
| Period | kWh Used | Electricity Cost |
|---|---|---|
| Daily | 78.00 | $7.80 |
| Weekly | 546.00 | $54.60 |
| Monthly | 2,340.00 | $234.00 |
| Annually | 28,470.00 | $2,847.00 |
Planning notes, formulas, and examples
About the Mining Cost Per Coin Calculator
How much does it actually cost you to mine one coin? This calculator answers that question by combining all your costs — electricity, pool fees, hosting, maintenance, and hardware depreciation — divided by the number of coins you mine per period.
Your cost per coin is a critical metric. If it's below the market price, mining is profitable. If it's above, you're better off buying coins directly. This number also helps you make decisions about holding versus selling mined coins.
Enter your daily mining output, electricity cost, pool fee, and any additional expenses. The calculator gives you a comprehensive cost-per-coin figure that accounts for every expense in your operation.
Use the result to map token-release or fee scenarios and revisit the model when market conditions, unlock terms, or portfolio assumptions change.
When This Page Helps
Knowing your exact production cost per coin is essential for making intelligent sell/hold decisions and evaluating your mining operation's competitiveness. If your cost is well below market price, you have a healthy margin. If it's close to or above market price, it's time to optimize or reconsider.
How to Use the Inputs
- Enter the number of coins you mine per day (from pool dashboard or calculator).
- Enter your daily electricity cost.
- Enter your pool fee percentage.
- Enter any additional daily costs (hosting, internet, maintenance).
- Optionally enter hardware cost and expected lifespan for depreciation.
- View your all-in cost per coin.
Formula used
Daily Hardware Depreciation = Hardware Cost / (Lifespan in Days)
Total Daily Cost = Electricity + Pool Fee + Hosting + Depreciation
Cost Per Coin = Total Daily Cost / Daily Coins Mined
Profit Per Coin = Market Price − Cost Per CoinExample Calculation
Result: Cost per coin: $12,320
Mining 0.00088 BTC/day with $6.24 electricity, $0.09 pool fee impact, $1 other costs, and $4.63/day depreciation ($5,000 over 36 months) gives a total daily cost of $11.96. Divided by 0.00088 coins = $13,591 per BTC. If BTC is $45,000, your margin is 70%.
Tips & Best Practices
- Include ALL costs for an accurate picture: electricity, pool fees, internet, hosting, maintenance, insurance.
- Hardware depreciation is a real cost — your ASIC's value drops as newer models are released.
- Compare your cost per coin to the market price regularly to verify profitability.
- If your cost per coin is close to market price, a difficulty increase could make you unprofitable.
- Some miners hold coins when they believe the price will rise above their production cost.
- Lower cost per coin gives you more resilience against price drops and difficulty increases.
Production Cost as a Trading Signal
Many analysts use the aggregate network mining cost per coin as a price floor indicator. Historically, Bitcoin's price has rarely stayed below the average production cost for extended periods, as unprofitable miners shut down, reducing difficulty until mining becomes profitable again.
Optimizing Your Cost Per Coin
The three levers you can pull are: electricity cost (location, rate negotiation, renewable energy), hardware efficiency (newer hardware produces more coins per watt), and operational efficiency (minimize downtime, maintenance, and overhead costs).
When to Mine vs When to Buy
If your production cost exceeds the market price, it's cheaper to buy coins directly. However, mining provides coins without KYC, offers infrastructure you own, and can use stranded/curtailed energy that has no other market.
Sources & Methodology
Last updated:
Frequently Asked Questions
Include everything: electricity (the biggest item), pool fees, internet, hosting or rack fees, maintenance (replacement fans, thermal paste), insurance, hardware depreciation, and any labor costs. Omitting costs gives a misleadingly low per-coin figure.
Large industrial miners typically achieve costs of $5,000-$15,000 per BTC thanks to wholesale electricity ($0.03-0.05/kWh) and bulk hardware discounts. Home miners usually face costs of $15,000-$30,000+ per BTC depending on electricity rates.
Selling at production cost means zero profit. Most miners sell some coins to cover operating expenses and hold the rest if they believe prices will rise. The decision depends on your cost basis, market outlook, and cash flow needs.
If a $5,000 miner lasts 3 years, that's $4.57/day in depreciation. For a miner producing 0.001 BTC/day, depreciation adds $4,570 to your cost per BTC. Faster hardware obsolescence increases your cost per coin significantly.
This calculator uses current daily production. As difficulty increases, your daily coin output decreases, raising your cost per coin. Recalculate regularly with updated production figures for an accurate picture.
Your break-even coin price equals your cost per coin. If your all-in cost is $18,000 per BTC, the coin price must stay above $18,000 for mining to be profitable. Below that, you'd be cheaper off buying coins on an exchange.
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