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 new bitcoin miners--ever

WhenCostsPayoutProfitCumulativeNet BTCNet $Vs. Holding BTC
2024-12-230 BTC0.0036 BTC0.0036 BTC0.0036 BTC0.0033 BTC$363.84$30.32
BLOCK REWARD PROBABLY HALVES BY NOW
2025-01-230 BTC0.002 BTC0.002 BTC0.0056 BTC0.0053 BTC$579.06$30.34
2025-02-230 BTC0.002 BTC0.002 BTC0.0076 BTC0.0073 BTC$794.42$30.36
2025-03-230 BTC0.0018 BTC0.0018 BTC0.0094 BTC0.0091 BTC$989.06$30.38
2025-04-230 BTC0.002 BTC0.002 BTC0.0114 BTC0.0111 BTC$1,204.71$30.40
2025-05-230 BTC0.0019 BTC0.0019 BTC0.0133 BTC0.013 BTC$1,413.53$30.42
2025-06-230 BTC0.002 BTC0.002 BTC0.0152 BTC0.015 BTC$1,629.46$30.44
2025-07-230 BTC0.0019 BTC0.0019 BTC0.0172 BTC0.0169 BTC$1,838.56$30.46
2025-08-230 BTC0.002 BTC0.002 BTC0.0191 BTC0.0189 BTC$2,054.77$30.48
2025-09-230 BTC0.002 BTC0.002 BTC0.0211 BTC0.0208 BTC$2,271.13$30.50
2025-10-230 BTC0.0019 BTC0.0019 BTC0.023 BTC0.0228 BTC$2,480.65$30.52
2025-11-230 BTC0.002 BTC0.002 BTC0.025 BTC0.0247 BTC$2,697.29$30.54
2025-12-230 BTC0.0019 BTC0.0019 BTC0.0269 BTC0.0266 BTC$2,907.08$30.56
2026-01-230 BTC0.002 BTC0.002 BTC0.0289 BTC0.0286 BTC$3,124.01$30.58
2026-02-230 BTC0.002 BTC0.002 BTC0.0309 BTC0.0306 BTC$3,341.08$30.60
2026-03-230 BTC0.0018 BTC0.0018 BTC0.0327 BTC0.0324 BTC$3,537.28$30.62
2026-04-230 BTC0.002 BTC0.002 BTC0.0347 BTC0.0344 BTC$3,754.63$30.64
2026-05-230 BTC0.0019 BTC0.0019 BTC0.0366 BTC0.0363 BTC$3,965.12$30.66
2026-06-230 BTC0.002 BTC0.002 BTC0.0385 BTC0.0383 BTC$4,182.77$30.68
2026-07-230 BTC0.0019 BTC0.0019 BTC0.0405 BTC0.0402 BTC$4,393.53$30.70
2026-08-230 BTC0.002 BTC0.002 BTC0.0424 BTC0.0422 BTC$4,611.47$30.72
2026-09-230 BTC0.002 BTC0.002 BTC0.0444 BTC0.0441 BTC$4,829.54$30.74
2026-10-230 BTC0.0019 BTC0.0019 BTC0.0463 BTC0.0461 BTC$5,040.73$30.76
2026-11-230 BTC0.002 BTC0.002 BTC0.0483 BTC0.048 BTC$5,259.09$30.78
2026-12-230 BTC0.0019 BTC0.0019 BTC0.0502 BTC0.0499 BTC$5,470.55$30.80
2027-01-230 BTC0.002 BTC0.002 BTC0.0522 BTC0.0519 BTC$5,689.21$30.82
2027-02-230 BTC0.002 BTC0.002 BTC0.0542 BTC0.0539 BTC$5,908.01$30.84
2027-03-230 BTC0.0018 BTC0.0018 BTC0.056 BTC0.0557 BTC$6,105.76$30.86
2027-04-230 BTC0.002 BTC0.002 BTC0.058 BTC0.0577 BTC$6,324.85$30.88
2027-05-230 BTC0.0019 BTC0.0019 BTC0.0599 BTC0.0596 BTC$6,537.01$30.90
2027-06-230 BTC0.002 BTC0.002 BTC0.0618 BTC0.0616 BTC$6,756.39$30.92
2027-07-230 BTC0.0019 BTC0.0019 BTC0.0638 BTC0.0635 BTC$6,968.83$30.94
2027-08-230 BTC0.002 BTC0.002 BTC0.0657 BTC0.0655 BTC$7,188.50$30.96
2027-09-230 BTC0.002 BTC0.002 BTC0.0677 BTC0.0674 BTC$7,408.31$30.98
2027-10-230 BTC0.0019 BTC0.0019 BTC0.0696 BTC0.0694 BTC$7,621.18$31.00
2027-11-230 BTC0.002 BTC0.002 BTC0.0716 BTC0.0713 BTC$7,841.28$31.02
2027-12-230 BTC0.0019 BTC0.0019 BTC0.0735 BTC0.0733 BTC$8,054.42$31.04
2028-01-230 BTC0.002 BTC0.002 BTC0.0755 BTC0.0752 BTC$8,274.82$31.06
2028-02-230 BTC0.002 BTC0.002 BTC0.0775 BTC0.0772 BTC$8,495.36$31.09
2028-03-230 BTC0.0019 BTC0.0019 BTC0.0793 BTC0.0791 BTC$8,701.81$31.11
2028-04-230 BTC0.002 BTC0.002 BTC0.0813 BTC0.081 BTC$8,922.64$31.13
2028-05-230 BTC0.0019 BTC0.0019 BTC0.0832 BTC0.083 BTC$9,136.49$31.15
2028-06-230 BTC0.002 BTC0.002 BTC0.0852 BTC0.0849 BTC$9,357.61$31.17
2028-07-230 BTC0.0019 BTC0.0019 BTC0.0871 BTC0.0869 BTC$9,571.74$31.19
2028-08-230 BTC0.002 BTC0.002 BTC0.0891 BTC0.0888 BTC$9,793.16$31.21
2028-09-230 BTC0.002 BTC0.002 BTC0.0911 BTC0.0908 BTC$10,014.72$31.23
2028-10-230 BTC0.0019 BTC0.0019 BTC0.093 BTC0.0927 BTC$10,229.27$31.25
2028-11-230 BTC0.002 BTC0.002 BTC0.095 BTC0.0947 BTC$10,451.13$31.27
2028-12-230 BTC0.0019 BTC0.0019 BTC0.0969 BTC0.0966 BTC$10,665.97$31.29
2029-01-230 BTC0.002 BTC0.002 BTC0.0989 BTC0.0986 BTC$10,888.12$31.31
2029-02-230 BTC0.002 BTC0.002 BTC0.1009 BTC0.1006 BTC$11,110.41$31.33
2029-03-230 BTC0.0018 BTC0.0018 BTC0.1026 BTC0.1024 BTC$11,311.33$31.35
2029-04-230 BTC0.002 BTC0.002 BTC0.1046 BTC0.1043 BTC$11,533.91$31.37
2029-05-230 BTC0.0019 BTC0.0019 BTC0.1065 BTC0.1063 BTC$11,749.46$31.39
2029-06-230 BTC0.002 BTC0.002 BTC0.1085 BTC0.1082 BTC$11,972.35$31.41
2029-07-230 BTC0.0019 BTC0.0019 BTC0.1104 BTC0.1102 BTC$12,188.18$31.43
2029-08-230 BTC0.002 BTC0.002 BTC0.1124 BTC0.1121 BTC$12,411.36$31.45
2029-09-230 BTC0.002 BTC0.002 BTC0.1144 BTC0.1141 BTC$12,634.68$31.47
2029-10-230 BTC0.0019 BTC0.0019 BTC0.1163 BTC0.116 BTC$12,850.95$31.50
2029-11-230 BTC0.002 BTC0.002 BTC0.1183 BTC0.118 BTC$13,074.56$31.52
2029-12-230 BTC0.0019 BTC0.0019 BTC0.1202 BTC0.1199 BTC$13,291.11$31.54
2030-01-230 BTC0.002 BTC0.002 BTC0.1222 BTC0.1219 BTC$13,515.03$31.56
2030-02-230 BTC0.002 BTC0.002 BTC0.1242 BTC0.1239 BTC$13,739.09$31.58
2030-03-230 BTC0.0018 BTC0.0018 BTC0.126 BTC0.1257 BTC$13,941.60$31.60
2030-04-230 BTC0.002 BTC0.002 BTC0.1279 BTC0.1277 BTC$14,165.96$31.62
2030-05-230 BTC0.0019 BTC0.0019 BTC0.1298 BTC0.1296 BTC$14,383.23$31.64
2030-06-230 BTC0.002 BTC0.002 BTC0.1318 BTC0.1315 BTC$14,607.88$31.66
2030-07-230 BTC0.0019 BTC0.0019 BTC0.1337 BTC0.1335 BTC$14,825.44$31.68
2030-08-230 BTC0.002 BTC0.002 BTC0.1357 BTC0.1354 BTC$15,050.39$31.70
2030-09-230 BTC0.002 BTC0.002 BTC0.1377 BTC0.1374 BTC$15,275.49$31.72
2030-10-230 BTC0.0019 BTC0.0019 BTC0.1396 BTC0.1393 BTC$15,493.47$31.74
2030-11-230 BTC0.002 BTC0.002 BTC0.1416 BTC0.1413 BTC$15,718.87$31.76
2030-12-230 BTC0.0019 BTC0.0019 BTC0.1435 BTC0.1432 BTC$15,937.14$31.79
2031-01-230 BTC0.002 BTC0.002 BTC0.1455 BTC0.1452 BTC$16,162.84$31.81
2031-02-230 BTC0.002 BTC0.002 BTC0.1475 BTC0.1472 BTC$16,388.68$31.83
2031-03-230 BTC0.0018 BTC0.0018 BTC0.1493 BTC0.149 BTC$16,592.81$31.85
2031-04-230 BTC0.002 BTC0.002 BTC0.1512 BTC0.151 BTC$16,818.95$31.87
2031-05-230 BTC0.0019 BTC0.0019 BTC0.1532 BTC0.1529 BTC$17,037.94$31.89
2031-06-230 BTC0.002 BTC0.002 BTC0.1551 BTC0.1549 BTC$17,264.38$31.91
2031-07-230 BTC0.0019 BTC0.0019 BTC0.1571 BTC0.1568 BTC$17,483.67$31.93
2031-08-230 BTC0.002 BTC0.002 BTC0.159 BTC0.1588 BTC$17,710.41$31.95
2031-09-230 BTC0.002 BTC0.002 BTC0.161 BTC0.1607 BTC$17,937.30$31.97
2031-10-230 BTC0.0019 BTC0.0019 BTC0.1629 BTC0.1626 BTC$18,157.02$31.99
2031-11-230 BTC0.002 BTC0.002 BTC0.1649 BTC0.1646 BTC$18,384.21$32.02
2031-12-230 BTC0.0019 BTC0.0019 BTC0.1668 BTC0.1665 BTC$18,604.22$32.04
2032-01-230 BTC0.002 BTC0.002 BTC0.1688 BTC0.1685 BTC$18,831.71$32.06
2032-02-230 BTC0.002 BTC0.002 BTC0.1708 BTC0.1705 BTC$19,059.35$32.08
2032-03-230 BTC0.0019 BTC0.0019 BTC0.1726 BTC0.1724 BTC$19,272.44$32.10
2032-04-230 BTC0.002 BTC0.002 BTC0.1746 BTC0.1743 BTC$19,500.39$32.12
2032-05-230 BTC0.0019 BTC0.0019 BTC0.1765 BTC0.1763 BTC$19,721.12$32.14
2032-06-230 BTC0.002 BTC0.002 BTC0.1785 BTC0.1782 BTC$19,949.37$32.16
2032-07-230 BTC0.0019 BTC0.0019 BTC0.1804 BTC0.1801 BTC$20,170.39$32.18
2032-08-230 BTC0.002 BTC0.002 BTC0.1824 BTC0.1821 BTC$20,398.94$32.20
2032-09-230 BTC0.002 BTC0.002 BTC0.1844 BTC0.1841 BTC$20,627.63$32.23
2032-10-230 BTC0.0019 BTC0.0019 BTC0.1863 BTC0.186 BTC$20,849.10$32.25
2032-11-230 BTC0.002 BTC0.002 BTC0.1883 BTC0.188 BTC$21,078.10$32.27
2032-12-230 BTC0.0019 BTC0.0019 BTC0.1902 BTC0.1899 BTC$21,299.85$32.29
2033-01-230 BTC0.002 BTC0.002 BTC0.1922 BTC0.1919 BTC$21,529.15$32.31
2033-02-230 BTC0.002 BTC0.002 BTC0.1942 BTC0.1939 BTC$21,758.61$32.33
2033-03-230 BTC0.0018 BTC0.0018 BTC0.1959 BTC0.1957 BTC$21,965.99$32.35
2033-04-230 BTC0.002 BTC0.002 BTC0.1979 BTC0.1976 BTC$22,195.74$32.37
2033-05-230 BTC0.0019 BTC0.0019 BTC0.1998 BTC0.1996 BTC$22,418.24$32.40
2033-06-230 BTC0.002 BTC0.002 BTC0.2018 BTC0.2015 BTC$22,648.29$32.42
2033-07-230 BTC0.0019 BTC0.0019 BTC0.2037 BTC0.2035 BTC$22,871.08$32.44
2033-08-230 BTC0.002 BTC0.002 BTC0.2057 BTC0.2054 BTC$23,101.44$32.46
2033-09-230 BTC0.002 BTC0.002 BTC0.2077 BTC0.2074 BTC$23,331.96$32.48
2033-10-230 BTC0.0019 BTC0.0019 BTC0.2096 BTC0.2093 BTC$23,555.18$32.50
2033-11-230 BTC0.002 BTC0.002 BTC0.2116 BTC0.2113 BTC$23,786.00$32.52
2033-12-230 BTC0.0019 BTC0.0019 BTC0.2135 BTC0.2132 BTC$24,009.52$32.54
2034-01-230 BTC0.002 BTC0.002 BTC0.2155 BTC0.2152 BTC$24,240.65$32.57
2034-02-230 BTC0.002 BTC0.002 BTC0.2175 BTC0.2172 BTC$24,471.92$32.59
2034-03-230 BTC0.0018 BTC0.0018 BTC0.2193 BTC0.219 BTC$24,680.96$32.61
2034-04-230 BTC0.002 BTC0.002 BTC0.2212 BTC0.221 BTC$24,912.54$32.63
2034-05-230 BTC0.0019 BTC0.0019 BTC0.2232 BTC0.2229 BTC$25,136.80$32.65
2034-06-230 BTC0.002 BTC0.002 BTC0.2251 BTC0.2249 BTC$25,368.69$32.67
2034-07-230 BTC0.0019 BTC0.0019 BTC0.227 BTC0.2268 BTC$25,593.24$32.69
2034-08-230 BTC0.002 BTC0.002 BTC0.229 BTC0.2288 BTC$25,825.44$32.71
2034-09-230 BTC0.002 BTC0.002 BTC0.231 BTC0.2307 BTC$26,057.79$32.74
2034-10-230 BTC0.0019 BTC0.0019 BTC0.2329 BTC0.2326 BTC$26,282.79$32.76
2034-11-230 BTC0.002 BTC0.002 BTC0.2349 BTC0.2346 BTC$26,515.44$32.78
Contract not yet ended.   Projected price/BTC: $117,537.62