Tutorialsβ€ΊHow to Calculate Mining Profitability Accurately
Strategy8 min readβ€’Intermediate

How to Calculate Mining Profitability Accurately

Learn to factor in electricity cost, pool fees, hardware depreciation, and coin price volatility.

Accurate profitability calculation requires factoring in:

  1. Gross revenue β€” your share of the daily block reward Γ— coin price
  2. Electricity cost β€” power (W) Γ— 24 hours Γ— your kWh rate
  3. Pool fees β€” typically 0-2% of earnings
  4. Hardware depreciation β€” GPUs lose value over time

Use our Calculator with live coin prices and network data for the most accurate estimates.