How this CryptoCompare mining calculator helps
A good mining calculator answers one simple question: is my machine likely to make money after power and pool fees? This CryptoCompare-style calculator gives quick daily, monthly, and yearly estimates using the same core assumptions miners use: hashrate, network difficulty, block reward, electricity rate, and coin price.
It is designed for fast scenario testing. You can change just one variable—like electricity from $0.10 to $0.06, or coin price from $60,000 to $45,000—and immediately see how profitability changes.
What the calculator estimates
- Estimated coins mined per day based on your share of network hashrate.
- Gross revenue from mined coins before costs.
- Electricity cost from power draw and local rate per kWh.
- Pool fee cost as a percentage of gross revenue.
- Net profit/loss on a daily, monthly, and yearly basis.
- Break-even time if hardware cost is provided and net profit is positive.
Mining formula used
The coin output is estimated with a standard proof-of-work formula:
Coins/day = (Hashrate × Uptime × 86400 × Block Reward) ÷ (Difficulty × 232)
From there, revenue and net profit are calculated:
- Gross Revenue/day = Coins/day × Coin Price
- Pool Fee/day = Gross Revenue/day × (Pool Fee %)
- Electric Cost/day = (Power in kW × 24) × Electricity Price
- Net/day = Gross Revenue/day − Pool Fee/day − Electric Cost/day
Input guide for better accuracy
1) Hashrate and unit
Use your actual delivered hashrate, not marketing peak numbers. If your ASIC averages 96 TH/s, enter 96 TH/s rather than 100 TH/s.
2) Power consumption
Use wall power from a meter if possible. PSU and cooling overhead can materially change true cost.
3) Difficulty and block reward
Difficulty and rewards are chain-specific and may shift over time. Keep these values current if you want realistic projections.
4) Coin price and pool fee
Price volatility is often the biggest profitability driver. Test multiple price scenarios. Pool fees are typically 0.5% to 3%.
5) Uptime
Most miners should not assume 100% uptime year-round. Maintenance, internet issues, and heat-related throttling all reduce real output.
Quick scenario planning ideas
- Run a bear case (lower coin price + higher difficulty).
- Run a base case using today’s numbers.
- Run a bull case with modestly better market conditions.
- Compare profitability at different electricity rates if you can relocate hardware.
Common mistakes miners make
- Ignoring downtime and overestimating uptime.
- Using nominal hashrate instead of observed hashrate.
- Forgetting pool fees and payout variance.
- Assuming difficulty stays constant for months.
- Treating calculator outputs as guaranteed returns.
Final note
A mining calculator is best used as a decision support tool—not a guarantee. Real outcomes will vary with network competition, market price movement, hardware performance, and operational discipline. Recalculate often, especially after major price moves, difficulty jumps, or block reward changes.