Bitcoin Mining Profitability Calculator

It depends on your electricity cost, hardware efficiency, and the current BTC price. With cheap electricity (under $0.05/kWh) and modern ASICs, mining can still be profitable. However, after the 2024 halving reduced block rewards to 3.125 BTC, margins are tighter. Use the calculator above to check your specific situation.

Most profitable mining operations pay between $0.02 and $0.06 per kWh. Rates above $0.10/kWh make it very difficult to profit with current hardware and difficulty levels. The global average residential electricity rate is around $0.12/kWh, which is why many home miners struggle. NoxHash cloud mining includes electricity at $0.035/kWh, well within the profitable range.

Network difficulty adjusts every ~2 weeks to maintain a 10-minute average block time. When more hashpower joins the network, difficulty increases, meaning each individual miner earns a smaller share of rewards. Conversely, when miners leave, difficulty drops. Over the past few years, difficulty has generally trended upward, meaning you need increasingly efficient hardware to remain profitable.

Home mining requires purchasing ASIC hardware ($2,000–$15,000+), finding cheap electricity, managing noise/heat, and handling maintenance. Cloud mining (like NoxHash) lets you rent mining power from a datacenter — no hardware purchase, no electricity bills, no maintenance. You pay a monthly fee and receive mining rewards. Cloud mining is ideal for those who want exposure to mining without the operational complexity.

This calculator uses real-time BTC price and network difficulty data to provide current estimates. However, these values change constantly. The calculator assumes difficulty and price remain static, which is never the case in practice. Use it as a starting point for your research, not as a guarantee of future earnings. Monthly and yearly projections especially should be taken as rough estimates.