How the Cloud Mining Profit Calculator Works
Are you engaged in cloud mining and want to calculate your potential profits? Our Cloud Mining Profit Calculator is designed to help you estimate your net earnings and profit percentage from cloud mining activities.
- Hash Rate (TH/s): Enter the total hash rate you have in terahashes per second.
- Mining Cost per TH/s: Input the cost associated with your hash rate per terahash per second.
- Bitcoin Price: Enter the current price of Bitcoin in USD.
- Electricity Cost: Include the costs incurred for electricity consumption during mining.
- Calculate: Click the "Calculate Profit" button to determine your net profit and profit percentage.
Cloud Mining Profit Calculation Formula:
The formula used to calculate the net profit is:
Net Profit = (Bitcoin Price × Hash Rate) − (Mining Cost per TH/s × Hash Rate + Electricity Cost)
The profit percentage is calculated as:
Profit Percentage = (Net Profit / (Bitcoin Price × Hash Rate)) × 100
For more detailed information on cloud mining and profitability, visit Investopedia's Cloud Mining Guide.