Mining Profit Calculator

Mining Profit Calculator is an app for calculating the profit received from the rental of hashing power for mining Bitcoin. With its help, you will learn the potential income from cryptocurrency cloud mining, evaluate the prospects and relevance of cooperation. This tool is convenient for both beginner miners and regular customers of the company.

How to use the calculator

Calculating the profitability of cloud mining requires taking into account many elements - the cost of cryptocurrency, the cost of maintaining the equipment, the hash rate, the terms of the contract, the mining difficulty.

The customer does not need to take a simple calculator and put down data in a complex formula. The profitability calculator makes the necessary calculations after setting several initial parameters. The app takes into account all factors related to the current situation in the cryptocurrency market (difficulty, exchange rate, and others).

In order to use the online calculator, take the following steps:

  • Fill in the proposed fields (select a tariff plan, specify a hash rate and set a forecast for rate growth).
  • Get detailed information about potential income for the day, week, month and year.

The online calculator analyzes a large number of parameters, such as the network complexity, the cryptocurrency exchange rate, the cost of electricity, etc. The information used for calculations is constantly updated. This means that the user always receives accurate and current data.

What the app calculates?

The calculation of the profitability of cloud mining is necessary to see the potential profitability of cooperation and determine the relevance of investments. The buyer of the Hashmart service powers must determine in advance the profitability of cryptocurrency mining, taking into account the current market situation, the cost of services and the provided power.

Profitability calculator allows you to calculate:

  • The profit margin for one day and for a month;
  • Income for different periods - day, week, month and year;

Not everyone can calculate profitability manually due to a large number of components taken into account in the calculation. The profitability calculator provides real help and instantly provides the data that would have to be calculated within 20-30 minutes.

The app provides all the necessary parameters, which guarantees the accuracy of the calculation, taking into account many variables and predicting further changes in the price of the cryptocurrency and its difficulty.

What do calculator fields mean?

When calculating the profitability of cloud mining, only relevant parameters are taken into account, which are periodically updated. We are talking about parameters such as the difficulty and value of Bitcoin. For convenience, the online calculator is presented in the form of two virtual sections - fields for entering information and the part where the calculation results are presented.

The customer must enter the following parameters:

  • Choose Plan – the selection of the plan that the user wants to buy. There are two tariffs to choose from. Just click on the arrow and select an option from the drop-down list. The convenience is that you can calculate the profitability for different contracts and decide on the most profitable.
  • Hashing Power - the power of the leased equipment, which is measured in GH / s. The higher this indicator, the greater the potential profit the customer receives. If you wish, you can make a calculation for different parameters and look at the potential profit from mining Bitcoin.
  • Maintenance fee - service fee (in dollars), which is charged by the cloud mining service. This money goes to maintaining the equipment in working condition, repair, paying for the services of qualified personnel, etc. Thanks to the small fee, the miner avoids these difficulties and transfers them to the Hashmart service. This parameter is filled automatically when choosing a tariff plan.
  • Bitcoin price - the value of Bitcoin, which is set automatically taking into account the exchange rate and does not require clarification.
  • Monthly rate growth - monthly rate growth in percent. The parameter is set by clicking on the plus or minus button.

After entering the data, the profitability calculator instantly displays the results taking into account the entered parameters and it becomes possible to make a decision about the investment and its volumes.

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