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Wondering if Mining Bitcoins is profitable?
For an explanation of what you can learn using this calculator, see the related news article.
]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
When | Costs | Payout | Profit | Cumulative | Net BTC | Net $ | Vs. Holding BTC |
---|---|---|---|---|---|---|---|
2024-12-23 | 0 BTC | 0.0036 BTC | 0.0036 BTC | 0.0036 BTC | 0.0033 BTC | $364.51 | $30.32 |
BLOCK REWARD PROBABLY HALVES BY NOW | |||||||
2025-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0056 BTC | 0.0053 BTC | $580.10 | $30.34 |
2025-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0076 BTC | 0.0073 BTC | $795.83 | $30.36 |
2025-03-23 | 0 BTC | 0.0018 BTC | 0.0018 BTC | 0.0094 BTC | 0.0091 BTC | $990.82 | $30.38 |
2025-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0114 BTC | 0.0111 BTC | $1,206.84 | $30.40 |
2025-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0133 BTC | 0.013 BTC | $1,416.04 | $30.42 |
2025-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0152 BTC | 0.015 BTC | $1,632.36 | $30.44 |
2025-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0172 BTC | 0.0169 BTC | $1,841.84 | $30.46 |
2025-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0191 BTC | 0.0189 BTC | $2,058.45 | $30.48 |
2025-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0211 BTC | 0.0208 BTC | $2,275.20 | $30.50 |
2025-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.023 BTC | 0.0228 BTC | $2,485.11 | $30.53 |
2025-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.025 BTC | 0.0247 BTC | $2,702.16 | $30.55 |
2025-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0269 BTC | 0.0266 BTC | $2,912.35 | $30.57 |
2026-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0289 BTC | 0.0286 BTC | $3,129.69 | $30.59 |
2026-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0309 BTC | 0.0306 BTC | $3,347.18 | $30.61 |
2026-03-23 | 0 BTC | 0.0018 BTC | 0.0018 BTC | 0.0327 BTC | 0.0324 BTC | $3,543.76 | $30.63 |
2026-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0347 BTC | 0.0344 BTC | $3,761.54 | $30.65 |
2026-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0366 BTC | 0.0363 BTC | $3,972.44 | $30.67 |
2026-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0385 BTC | 0.0383 BTC | $4,190.52 | $30.69 |
2026-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0405 BTC | 0.0402 BTC | $4,401.71 | $30.71 |
2026-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0424 BTC | 0.0422 BTC | $4,620.08 | $30.73 |
2026-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0444 BTC | 0.0441 BTC | $4,838.61 | $30.75 |
2026-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0463 BTC | 0.0461 BTC | $5,050.22 | $30.77 |
2026-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0483 BTC | 0.048 BTC | $5,269.04 | $30.79 |
2026-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0502 BTC | 0.05 BTC | $5,480.94 | $30.81 |
2027-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0522 BTC | 0.0519 BTC | $5,700.06 | $30.83 |
2027-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0542 BTC | 0.0539 BTC | $5,919.32 | $30.85 |
2027-03-23 | 0 BTC | 0.0018 BTC | 0.0018 BTC | 0.056 BTC | 0.0557 BTC | $6,117.49 | $30.88 |
2027-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.058 BTC | 0.0577 BTC | $6,337.05 | $30.90 |
2027-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0599 BTC | 0.0596 BTC | $6,549.67 | $30.92 |
2027-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0618 BTC | 0.0616 BTC | $6,769.53 | $30.94 |
2027-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0638 BTC | 0.0635 BTC | $6,982.44 | $30.96 |
2027-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0657 BTC | 0.0655 BTC | $7,202.59 | $30.98 |
2027-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0677 BTC | 0.0674 BTC | $7,422.89 | $31.00 |
2027-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0696 BTC | 0.0694 BTC | $7,636.23 | $31.02 |
2027-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0716 BTC | 0.0713 BTC | $7,856.83 | $31.04 |
2027-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0735 BTC | 0.0733 BTC | $8,070.46 | $31.06 |
2028-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0755 BTC | 0.0752 BTC | $8,291.36 | $31.08 |
2028-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0775 BTC | 0.0772 BTC | $8,512.41 | $31.10 |
2028-03-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0793 BTC | 0.0791 BTC | $8,719.34 | $31.12 |
2028-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0813 BTC | 0.081 BTC | $8,940.69 | $31.15 |
2028-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0832 BTC | 0.083 BTC | $9,155.04 | $31.17 |
2028-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0852 BTC | 0.0849 BTC | $9,376.69 | $31.19 |
2028-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0871 BTC | 0.0869 BTC | $9,591.33 | $31.21 |
2028-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0891 BTC | 0.0888 BTC | $9,813.28 | $31.23 |
2028-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0911 BTC | 0.0908 BTC | $10,035.37 | $31.25 |
2028-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.093 BTC | 0.0927 BTC | $10,250.45 | $31.27 |
2028-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.095 BTC | 0.0947 BTC | $10,472.85 | $31.29 |
2028-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.0969 BTC | 0.0966 BTC | $10,688.22 | $31.31 |
2029-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.0989 BTC | 0.0986 BTC | $10,910.92 | $31.33 |
2029-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1009 BTC | 0.1006 BTC | $11,133.77 | $31.36 |
2029-03-23 | 0 BTC | 0.0018 BTC | 0.0018 BTC | 0.1026 BTC | 0.1024 BTC | $11,335.19 | $31.38 |
2029-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1046 BTC | 0.1043 BTC | $11,558.34 | $31.40 |
2029-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1065 BTC | 0.1063 BTC | $11,774.43 | $31.42 |
2029-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1085 BTC | 0.1082 BTC | $11,997.89 | $31.44 |
2029-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1104 BTC | 0.1102 BTC | $12,214.28 | $31.46 |
2029-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1124 BTC | 0.1121 BTC | $12,438.03 | $31.48 |
2029-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1144 BTC | 0.1141 BTC | $12,661.94 | $31.50 |
2029-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1163 BTC | 0.116 BTC | $12,878.77 | $31.52 |
2029-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1183 BTC | 0.118 BTC | $13,102.98 | $31.55 |
2029-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1202 BTC | 0.1199 BTC | $13,320.10 | $31.57 |
2030-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1222 BTC | 0.1219 BTC | $13,544.62 | $31.59 |
2030-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1242 BTC | 0.1239 BTC | $13,769.28 | $31.61 |
2030-03-23 | 0 BTC | 0.0018 BTC | 0.0018 BTC | 0.126 BTC | 0.1257 BTC | $13,972.34 | $31.63 |
2030-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1279 BTC | 0.1277 BTC | $14,197.31 | $31.65 |
2030-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1299 BTC | 0.1296 BTC | $14,415.17 | $31.67 |
2030-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1318 BTC | 0.1316 BTC | $14,640.44 | $31.69 |
2030-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1337 BTC | 0.1335 BTC | $14,858.60 | $31.72 |
2030-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1357 BTC | 0.1354 BTC | $15,084.17 | $31.74 |
2030-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1377 BTC | 0.1374 BTC | $15,309.90 | $31.76 |
2030-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1396 BTC | 0.1393 BTC | $15,528.50 | $31.78 |
2030-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1416 BTC | 0.1413 BTC | $15,754.54 | $31.80 |
2030-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1435 BTC | 0.1432 BTC | $15,973.43 | $31.82 |
2031-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1455 BTC | 0.1452 BTC | $16,199.77 | $31.84 |
2031-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1475 BTC | 0.1472 BTC | $16,426.27 | $31.86 |
2031-03-23 | 0 BTC | 0.0018 BTC | 0.0018 BTC | 0.1493 BTC | 0.149 BTC | $16,630.98 | $31.89 |
2031-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1512 BTC | 0.151 BTC | $16,857.78 | $31.91 |
2031-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1532 BTC | 0.1529 BTC | $17,077.41 | $31.93 |
2031-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1551 BTC | 0.1549 BTC | $17,304.52 | $31.95 |
2031-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1571 BTC | 0.1568 BTC | $17,524.45 | $31.97 |
2031-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.159 BTC | 0.1588 BTC | $17,751.87 | $31.99 |
2031-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.161 BTC | 0.1607 BTC | $17,979.44 | $32.01 |
2031-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1629 BTC | 0.1627 BTC | $18,199.81 | $32.04 |
2031-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1649 BTC | 0.1646 BTC | $18,427.69 | $32.06 |
2031-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1668 BTC | 0.1665 BTC | $18,648.37 | $32.08 |
2032-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1688 BTC | 0.1685 BTC | $18,876.55 | $32.10 |
2032-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1708 BTC | 0.1705 BTC | $19,104.89 | $32.12 |
2032-03-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1726 BTC | 0.1724 BTC | $19,318.64 | $32.14 |
2032-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1746 BTC | 0.1743 BTC | $19,547.29 | $32.17 |
2032-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1765 BTC | 0.1763 BTC | $19,768.72 | $32.19 |
2032-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1785 BTC | 0.1782 BTC | $19,997.67 | $32.21 |
2032-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1804 BTC | 0.1802 BTC | $20,219.39 | $32.23 |
2032-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1824 BTC | 0.1821 BTC | $20,448.66 | $32.25 |
2032-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1844 BTC | 0.1841 BTC | $20,678.09 | $32.27 |
2032-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1863 BTC | 0.186 BTC | $20,900.26 | $32.29 |
2032-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1883 BTC | 0.188 BTC | $21,129.99 | $32.32 |
2032-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1902 BTC | 0.1899 BTC | $21,352.46 | $32.34 |
2033-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1922 BTC | 0.1919 BTC | $21,582.51 | $32.36 |
2033-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1942 BTC | 0.1939 BTC | $21,812.71 | $32.38 |
2033-03-23 | 0 BTC | 0.0018 BTC | 0.0018 BTC | 0.1959 BTC | 0.1957 BTC | $22,020.77 | $32.40 |
2033-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.1979 BTC | 0.1976 BTC | $22,251.28 | $32.43 |
2033-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.1998 BTC | 0.1996 BTC | $22,474.50 | $32.45 |
2033-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2018 BTC | 0.2015 BTC | $22,705.33 | $32.47 |
2033-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.2037 BTC | 0.2035 BTC | $22,928.85 | $32.49 |
2033-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2057 BTC | 0.2054 BTC | $23,159.99 | $32.51 |
2033-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2077 BTC | 0.2074 BTC | $23,391.28 | $32.53 |
2033-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.2096 BTC | 0.2093 BTC | $23,615.26 | $32.56 |
2033-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2116 BTC | 0.2113 BTC | $23,846.87 | $32.58 |
2033-12-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.2135 BTC | 0.2132 BTC | $24,071.15 | $32.60 |
2034-01-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2155 BTC | 0.2152 BTC | $24,303.07 | $32.62 |
2034-02-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2175 BTC | 0.2172 BTC | $24,535.14 | $32.64 |
2034-03-23 | 0 BTC | 0.0018 BTC | 0.0018 BTC | 0.2193 BTC | 0.219 BTC | $24,744.90 | $32.67 |
2034-04-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2212 BTC | 0.221 BTC | $24,977.29 | $32.69 |
2034-05-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.2232 BTC | 0.2229 BTC | $25,202.33 | $32.71 |
2034-06-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2251 BTC | 0.2249 BTC | $25,435.03 | $32.73 |
2034-07-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.2271 BTC | 0.2268 BTC | $25,660.38 | $32.75 |
2034-08-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.229 BTC | 0.2288 BTC | $25,893.40 | $32.78 |
2034-09-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.231 BTC | 0.2307 BTC | $26,126.57 | $32.80 |
2034-10-23 | 0 BTC | 0.0019 BTC | 0.0019 BTC | 0.2329 BTC | 0.2327 BTC | $26,352.38 | $32.82 |
2034-11-23 | 0 BTC | 0.002 BTC | 0.002 BTC | 0.2349 BTC | 0.2346 BTC | $26,585.87 | $32.84 |
Contract not yet ended. Projected price/BTC: $117,957.32 |