What is a bitcoin mining calculator?

Our BTC mining calculator makes it simple and easy to quickly see Bitcoin mining profitability based on hashrate, power consumption, and costs. Default inputs are preloaded with the latest Bitcoin difficulty target and Bitcoin mining hashrate for the best Bitcoin miner.

How to estimate hashrate on Bitcoin?

To estimate hashrate on the bitcoin network, you can use the following equation: Bitcoin Hashrate = [ (blocks solved over last 24 hrs/144) * difficulty * 2^32 ]/600 144: With 10 minute block times, the total number of blocks expected in a 24-hour time frame is 144.

What is bitcoin hash rate?

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. ➤ MORE: Is bitcoin mining profitable in 2023?

How long does it take to mine 1 Bitcoin?

As of Tuesday, May 09, 2023, it would take 2,727.3 days to mine 1 Bitcoin at the current Bitcoin difficulty level along with the mining hashrate and block reward; a Bitcoin mining hashrate of 140.00 TH/s consuming 3,010.00 watts of power at $0.05 per kWh, and a block reward of 6.25 BTC.