Bitcoin is unredictable you can not say that price will be in the future. but nice calculation. It can help me too if i choose to buy miner right now or not..
And looks like s7 right now is cheap to buy.. they are release new miner s9.. and looks like more better speed..
Topic: bitcoin mining profit calculator (Read 1299 times)
Thanks for responds.
The most important part about calculating your mining profit is the difficulty increment.
Unfortunately, it's the only parameter that is hard to predict.
You can play with different values on the site notlist3d suggested (bitcoinwisdom). Anything ranging for 5-20% would be acceptable.
Unfortunately, it's the only parameter that is hard to predict.
You can play with different values on the site notlist3d suggested (bitcoinwisdom). Anything ranging for 5-20% would be acceptable.
I would love to know what is the most accurate sites to calculate bitcoin mining profit.
I have checked may sites and enter same numbers yet profit does not match.
For example for s9 I enter following information.Since halving is close I calculate the reward as 12.5
According to coin warz
Hash Rate : 12900
Power Cost:0.10 cents
Power:1275 W+10%=
Pool fees: 2%
Block Reward: 12.5
Hardware cost: 2100+ power supply+ shipping to Canada=Around 2700 usd
Bitcoin price:670 usd
My profit after 1 year:2817 usd
If difficulty stay same or increase little, and bitcoin price stay same I will be break even after a year.
Let me know if Iam making a mistake or forgetting something else to include.
I have checked may sites and enter same numbers yet profit does not match.
For example for s9 I enter following information.Since halving is close I calculate the reward as 12.5
According to coin warz
Hash Rate : 12900
Power Cost:0.10 cents
Power:1275 W+10%=
Pool fees: 2%
Block Reward: 12.5
Hardware cost: 2100+ power supply+ shipping to Canada=Around 2700 usd
Bitcoin price:670 usd
My profit after 1 year:2817 usd
If difficulty stay same or increase little, and bitcoin price stay same I will be break even after a year.
Let me know if Iam making a mistake or forgetting something else to include.
Coinwarz is good for current period is about it, you can't really easily change difficulty so that makes it harder for future mining profits unless you take the numbers to excel or something. I would suggest taking a look at - https://bitcoinwisdom.com/bitcoin/calculator . It's going to have a lot more you can enter in getting more accurate info on cost's and what percentage change will do.
There is still speculation as part of it though as we will never be able to say know the next month or two will do on difficulty or price. So more accurate yes. But perfect no due to having to use speculation.
I would love to know what is the most accurate sites to calculate bitcoin mining profit.
I have checked may sites and enter same numbers yet profit does not match.
For example for s9 I enter following information.Since halving is close I calculate the reward as 12.5
According to coin warz
Hash Rate : 12900
Power Cost:0.10 cents
Power:1275 W+10%=
Pool fees: 2%
Block Reward: 12.5
Hardware cost: 2100+ power supply+ shipping to Canada=Around 2700 usd
Bitcoin price:670 usd
My profit after 1 year:2817 usd
If difficulty stay same or increase little, and bitcoin price stay same I will be break even after a year.
Let me know if Iam making a mistake or forgetting something else to include.
I have checked may sites and enter same numbers yet profit does not match.
For example for s9 I enter following information.Since halving is close I calculate the reward as 12.5
According to coin warz
Hash Rate : 12900
Power Cost:0.10 cents
Power:1275 W+10%=
Pool fees: 2%
Block Reward: 12.5
Hardware cost: 2100+ power supply+ shipping to Canada=Around 2700 usd
Bitcoin price:670 usd
My profit after 1 year:2817 usd
If difficulty stay same or increase little, and bitcoin price stay same I will be break even after a year.
Let me know if Iam making a mistake or forgetting something else to include.
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