Bitcoin BTC Mining Calculator Gbp Rating: 3,6/5 5037reviews
Bitcoin BTC Mining Calculator Gbp

Calculate easily how many Bitcoins you can mine with your hash rate based on difficulty, power costs and other factors. Mining Calculator. How Many Gulden NLG Miners Are There. This page has been produced to allow you to gain a rough idea how much revenue you might be able to generate with a mining device. Fill in the fields as best you can; we will provide defaults which you are welcome to change and see what the effect is. We have tried to build this facility to be as accurate.

Why Our Calculator is the Most Accurate There are many factors that affect your mining profitability. Two of the main factors that influence your profitability are: the Bitcoin price and the total network hash rate. The Bitcoin network hash rate is growing at a rate of 0.4527678% per day. This means if you buy 50 TH/s of mining hardware your total share of the network will go DOWN every day compared to the total network hash rate. Our calculator assumes the 0.4527678% daily increase in network hash rate that has been the average daily increase over the past 6 months.

Without factoring in this growth, most Bitcoin mining calculators show results that appear MUCH, MUCH more profitable than reality. The Bitcoin Price Even though the network hash rate will cause your share of the network hash power to go down, the Bitcoin price can help make up some of these losses. The Bitcoin price is rising at a slightly lesser 0.3403% per day over the past year. We suggest you enter a custom Bitcoin price into our calculator based on what you expect the average price to be over the next year.

What our Calculator Assumes Since our calculator only projects one year out, we assume the block reward to be 12.5. We also use the current Bitcoin price in our calculations, but you can change the Bitcoin price to anything you'd like to get better data. Fast BURST Miner.