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Intermediate guides

Guides for people who run hardware and want to run it better: pool choice, profitability modelling, firmware, electricity contracts.

Profitability & EconomicsIntermediate

How to Calculate Bitcoin Mining Profitability

Mining profit is revenue from the network minus electricity and pool fees, and every input except the machine's specification changes daily. This guide walks through the calculation with stated assumptions, explains break-even electricity price and payback, and shows why difficulty growth makes any single forecast expire.

7 min read · reviewed

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