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, no BTC growth

WhenCostsPayoutProfitCumulativeNet BTCNet $Vs. Holding BTC
2024-12-210 BTC0.0035 BTC0.0034 BTC0.0034 BTC0.0032 BTC$340.69$30.30
BLOCK REWARD PROBABLY HALVES BY NOW
2025-01-210 BTC0.0017 BTC0.0017 BTC0.0051 BTC0.0049 BTC$523.86$30.30
2025-02-210 BTC0.0016 BTC0.0015 BTC0.0067 BTC0.0064 BTC$689.60$30.30
2025-03-210 BTC0.0013 BTC0.0013 BTC0.0079 BTC0.0077 BTC$825.06$30.30
2025-04-210 BTC0.0013 BTC0.0013 BTC0.0092 BTC0.0089 BTC$960.74$30.30
2025-05-210 BTC0.0011 BTC0.0011 BTC0.0103 BTC0.01 BTC$1,079.51$30.30
2025-06-210 BTC0.001 BTC0.001 BTC0.0113 BTC0.0111 BTC$1,190.52$30.30
2025-07-210 BTC0.0009 BTC0.0009 BTC0.0122 BTC0.012 BTC$1,287.67$30.30
2025-08-210 BTC0.0009 BTC0.0008 BTC0.0131 BTC0.0128 BTC$1,378.43$30.30
2025-09-210 BTC0.0008 BTC0.0008 BTC0.0138 BTC0.0136 BTC$1,460.48$30.30
2025-10-210 BTC0.0007 BTC0.0007 BTC0.0145 BTC0.0142 BTC$1,532.25$30.30
2025-11-210 BTC0.0006 BTC0.0006 BTC0.0151 BTC0.0149 BTC$1,599.26$30.30
2025-12-210 BTC0.0006 BTC0.0005 BTC0.0157 BTC0.0154 BTC$1,657.84$30.30
2026-01-210 BTC0.0005 BTC0.0005 BTC0.0162 BTC0.0159 BTC$1,712.51$30.30
2026-02-210 BTC0.0005 BTC0.0005 BTC0.0166 BTC0.0164 BTC$1,761.86$30.30
2026-03-210 BTC0.0004 BTC0.0004 BTC0.017 BTC0.0167 BTC$1,802.10$30.30
2026-04-210 BTC0.0004 BTC0.0004 BTC0.0174 BTC0.0171 BTC$1,842.28$30.30
2026-05-210 BTC0.0003 BTC0.0003 BTC0.0177 BTC0.0174 BTC$1,877.34$30.30
2026-06-210 BTC0.0003 BTC0.0003 BTC0.018 BTC0.0177 BTC$1,910.00$30.30
2026-07-210 BTC0.0003 BTC0.0003 BTC0.0183 BTC0.018 BTC$1,938.47$30.30
2026-08-210 BTC0.0003 BTC0.0002 BTC0.0185 BTC0.0183 BTC$1,964.95$30.30
2026-09-210 BTC0.0002 BTC0.0002 BTC0.0188 BTC0.0185 BTC$1,988.77$30.30
2026-10-210 BTC0.0002 BTC0.0002 BTC0.0189 BTC0.0187 BTC$2,009.50$30.30
2026-11-210 BTC0.0002 BTC0.0002 BTC0.0191 BTC0.0188 BTC$2,028.73$30.30
2026-12-210 BTC0.0002 BTC0.0002 BTC0.0193 BTC0.019 BTC$2,045.43$30.30
2027-01-210 BTC0.0002 BTC0.0001 BTC0.0194 BTC0.0191 BTC$2,060.90$30.30
2027-02-210 BTC0.0001 BTC0.0001 BTC0.0196 BTC0.0193 BTC$2,074.75$30.30
2027-03-210 BTC0.0001 BTC0.0001 BTC0.0197 BTC0.0194 BTC$2,085.94$30.30
2027-04-210 BTC0.0001 BTC0.0001 BTC0.0198 BTC0.0195 BTC$2,096.99$30.30
2027-05-210 BTC0.0001 BTC0.0001 BTC0.0198 BTC0.0196 BTC$2,106.52$30.30
2027-06-210 BTC0.0001 BTC0.0001 BTC0.0199 BTC0.0196 BTC$2,115.27$30.30
2027-07-210 BTC0.0001 BTC0.0001 BTC0.02 BTC0.0197 BTC$2,122.79$30.30
2027-08-210 BTC0.0001 BTC0.0001 BTC0.0201 BTC0.0198 BTC$2,129.66$30.30
2027-09-210 BTC0.0001 BTC0.0001 BTC0.0201 BTC0.0198 BTC$2,135.72$30.30
2027-10-210 BTC0.0001 BTC0 BTC0.0202 BTC0.0199 BTC$2,140.88$30.30
2027-11-210 BTC0.0001 BTC0 BTC0.0202 BTC0.0199 BTC$2,145.54$30.30
2027-12-210 BTC0.0001 BTC0 BTC0.0202 BTC0.02 BTC$2,149.46$30.30
2028-01-210 BTC0 BTC0 BTC0.0203 BTC0.02 BTC$2,152.98$30.30
2028-02-210 BTC0 BTC0 BTC0.0203 BTC0.02 BTC$2,156.00$30.30
2028-03-210 BTC0 BTC0 BTC0.0203 BTC0.0201 BTC$2,158.40$30.30
2028-04-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,160.56$30.30
2028-05-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,162.30$30.30
2028-06-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,163.77$30.30
2028-07-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,164.89$30.30
2028-08-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,165.78$30.30
2028-09-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,166.43$30.30
2028-10-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,166.83$30.30
2028-11-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,167.05$30.30
2028-12-210 BTC0 BTC0 BTC0.0204 BTC0.0201 BTC$2,167.08$30.30
2029-01-210 BTC0 BTC-0 BTC0.0204 BTC0.0201 BTC$2,167.08$30.30
CONTRACT END DUE TO NON-PROFITABILITY.   Projected price/BTC: $107,650.36