Wondering if Mining Bitcoins is profitable?

For an explanation of what you can learn using this calculator, see the related news article.











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Notes: Feb 1, 2016 difficulty was 120,033,340,651. Feb 1, 2017, difficulty was 392,963,262,344. Divide 392... into 120... and you get ~ 3.2738. (1+x/100)^12 = 3.2738. Therefore, the average compounded percentage growth over that 12 month span was 10.4%.

Bitcoin price (in CAD) was $517.47 on Feb 1, 2016. Price was $1,275.04 on Feb 1, 2017. That gives an average compounded growth over that 12 month span of 7.8%.

THESE ARE NOT PREDICTIONS, they are only a representation of the market over a 12 month span. Future performance may be better, but could very possibly be significantly worse, or negative.

Genesis Mining 0.2TH/s contract, historical growth rates

WhenCostsPayoutProfitCumulativeNet BTCNet $Vs. Holding BTC
2024-12-230 BTC0.0035 BTC0.0034 BTC0.0034 BTC0.0032 BTC$342.74$30.32
BLOCK REWARD PROBABLY HALVES BY NOW
2025-01-230 BTC0.0017 BTC0.0017 BTC0.0051 BTC0.0048 BTC$526.39$30.34
2025-02-230 BTC0.0016 BTC0.0015 BTC0.0067 BTC0.0064 BTC$692.57$30.36
2025-03-230 BTC0.0013 BTC0.0012 BTC0.0079 BTC0.0076 BTC$828.37$30.38
2025-04-230 BTC0.0013 BTC0.0012 BTC0.0092 BTC0.0089 BTC$964.36$30.40
2025-05-230 BTC0.0011 BTC0.0011 BTC0.0102 BTC0.01 BTC$1,083.38$30.42
2025-06-230 BTC0.001 BTC0.001 BTC0.0113 BTC0.011 BTC$1,194.57$30.44
2025-07-230 BTC0.0009 BTC0.0009 BTC0.0122 BTC0.0119 BTC$1,291.83$30.46
2025-08-230 BTC0.0009 BTC0.0008 BTC0.013 BTC0.0127 BTC$1,382.65$30.48
2025-09-230 BTC0.0008 BTC0.0008 BTC0.0137 BTC0.0135 BTC$1,464.68$30.50
2025-10-230 BTC0.0007 BTC0.0007 BTC0.0144 BTC0.0141 BTC$1,536.37$30.52
2025-11-230 BTC0.0006 BTC0.0006 BTC0.015 BTC0.0147 BTC$1,603.23$30.54
2025-12-230 BTC0.0006 BTC0.0005 BTC0.0155 BTC0.0153 BTC$1,661.61$30.56
2026-01-230 BTC0.0005 BTC0.0005 BTC0.016 BTC0.0158 BTC$1,716.01$30.58
2026-02-230 BTC0.0005 BTC0.0004 BTC0.0165 BTC0.0162 BTC$1,765.04$30.60
2026-03-230 BTC0.0004 BTC0.0004 BTC0.0168 BTC0.0166 BTC$1,804.93$30.62
2026-04-230 BTC0.0004 BTC0.0004 BTC0.0172 BTC0.0169 BTC$1,844.67$30.64
2026-05-230 BTC0.0003 BTC0.0003 BTC0.0175 BTC0.0172 BTC$1,879.27$30.66
2026-06-230 BTC0.0003 BTC0.0003 BTC0.0178 BTC0.0175 BTC$1,911.39$30.68
2026-07-230 BTC0.0003 BTC0.0003 BTC0.0181 BTC0.0178 BTC$1,939.29$30.70
2026-08-230 BTC0.0003 BTC0.0002 BTC0.0183 BTC0.018 BTC$1,965.15$30.72
2026-09-230 BTC0.0002 BTC0.0002 BTC0.0185 BTC0.0182 BTC$1,988.31$30.74
2026-10-230 BTC0.0002 BTC0.0002 BTC0.0187 BTC0.0184 BTC$2,008.36$30.75
2026-11-230 BTC0.0002 BTC0.0002 BTC0.0189 BTC0.0186 BTC$2,026.85$30.77
2026-12-230 BTC0.0002 BTC0.0001 BTC0.019 BTC0.0187 BTC$2,042.80$30.79
2027-01-230 BTC0.0002 BTC0.0001 BTC0.0191 BTC0.0189 BTC$2,057.47$30.81
2027-02-230 BTC0.0001 BTC0.0001 BTC0.0193 BTC0.019 BTC$2,070.48$30.83
2027-03-230 BTC0.0001 BTC0.0001 BTC0.0194 BTC0.0191 BTC$2,080.88$30.85
2027-04-230 BTC0.0001 BTC0.0001 BTC0.0194 BTC0.0192 BTC$2,091.04$30.87
2027-05-230 BTC0.0001 BTC0.0001 BTC0.0195 BTC0.0192 BTC$2,099.68$30.89
2027-06-230 BTC0.0001 BTC0.0001 BTC0.0196 BTC0.0193 BTC$2,107.49$30.91
2027-07-230 BTC0.0001 BTC0.0001 BTC0.0197 BTC0.0194 BTC$2,114.07$30.93
2027-08-230 BTC0.0001 BTC0.0001 BTC0.0197 BTC0.0194 BTC$2,119.96$30.95
2027-09-230 BTC0.0001 BTC0 BTC0.0198 BTC0.0195 BTC$2,125.02$30.97
2027-10-230 BTC0.0001 BTC0 BTC0.0198 BTC0.0195 BTC$2,129.19$30.99
2027-11-230 BTC0.0001 BTC0 BTC0.0198 BTC0.0195 BTC$2,132.81$31.01
2027-12-230 BTC0.0001 BTC0 BTC0.0199 BTC0.0196 BTC$2,135.72$31.03
2028-01-230 BTC0 BTC0 BTC0.0199 BTC0.0196 BTC$2,138.17$31.05
2028-02-230 BTC0 BTC0 BTC0.0199 BTC0.0196 BTC$2,140.11$31.07
2028-03-230 BTC0 BTC0 BTC0.0199 BTC0.0196 BTC$2,141.49$31.09
2028-04-230 BTC0 BTC0 BTC0.0199 BTC0.0196 BTC$2,142.55$31.12
2028-05-230 BTC0 BTC0 BTC0.0199 BTC0.0196 BTC$2,143.22$31.14
2028-06-230 BTC0 BTC0 BTC0.0199 BTC0.0196 BTC$2,143.56$31.16
2028-07-230 BTC0 BTC0 BTC0.0199 BTC0.0196 BTC$2,143.59$31.18
2028-08-230 BTC0 BTC-0 BTC0.0199 BTC0.0196 BTC$2,143.59$31.20
CONTRACT END DUE TO NON-PROFITABILITY.   Projected price/BTC: $111,758.24