Disclaimer: The opinion expressed here is not investment advice — it is provided for informational purposes only. It does not necessarily reflect the opinion of U. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. Bitcoin mining is concerned with how transactions are verified and confirmed on the Blockchain network and this is done using special tools and equipment. A Bitcoin mining software works in collaboration with the relevant hardware to solve computational algorithms on the network and execute these transactions. Becoming a Bitcoin miner involves getting the best Bitcoin mining software.
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To quickly calculate the payback of video cards in mining and select the most profitable cryptocurrency for mining on video cards and ASICs, use a specialized calculator website. Mining calculator Profit-mine. Information on the hash rate of various models of video cards and their power consumption for different mining algorithms can be found in the special HashRates section of the Profit-Mine.
Mining Hashrates Profit-Mine. The above hashrate and power consumption of video cards should be understood as possible, since depends on a large number of factors: miner, video card manufacturer, memory manufacturer, overclocking, downvolting. Chat with crypto enthusiasts and miners in Telegram CryptoChat. The best exchanges to buy and exchange cryptocurrencies, tokens:.
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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. 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.
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. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value.
Calculate the mining rewards for cryptocurrencies mined using video cards (GPU's). Ethereum. Price. 3 $. %. Nethash (3h). Th/s. Find best GPU for mining with our GPU mining calculator. Check their power consumption, efficiency and profitability. Ethereum logo Ethereum (Ethash). Start mining in less than 60 seconds and earn money with your PC now! We have prepared a simple tryout tool called NiceHash QuickMiner for you to try mining for.