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$364.51$30.32
BLOCK REWARD PROBABLY HALVES BY NOW
2025-01-230 BTC0.002 BTC0.002 BTC0.0056 BTC0.0053 BTC$580.10$30.34
2025-02-230 BTC0.002 BTC0.002 BTC0.0076 BTC0.0073 BTC$795.83$30.36
2025-03-230 BTC0.0018 BTC0.0018 BTC0.0094 BTC0.0091 BTC$990.82$30.38
2025-04-230 BTC0.002 BTC0.002 BTC0.0114 BTC0.0111 BTC$1,206.84$30.40
2025-05-230 BTC0.0019 BTC0.0019 BTC0.0133 BTC0.013 BTC$1,416.04$30.42
2025-06-230 BTC0.002 BTC0.002 BTC0.0152 BTC0.015 BTC$1,632.36$30.44
2025-07-230 BTC0.0019 BTC0.0019 BTC0.0172 BTC0.0169 BTC$1,841.84$30.46
2025-08-230 BTC0.002 BTC0.002 BTC0.0191 BTC0.0189 BTC$2,058.45$30.48
2025-09-230 BTC0.002 BTC0.002 BTC0.0211 BTC0.0208 BTC$2,275.20$30.50
2025-10-230 BTC0.0019 BTC0.0019 BTC0.023 BTC0.0228 BTC$2,485.11$30.53
2025-11-230 BTC0.002 BTC0.002 BTC0.025 BTC0.0247 BTC$2,702.16$30.55
2025-12-230 BTC0.0019 BTC0.0019 BTC0.0269 BTC0.0266 BTC$2,912.35$30.57
2026-01-230 BTC0.002 BTC0.002 BTC0.0289 BTC0.0286 BTC$3,129.69$30.59
2026-02-230 BTC0.002 BTC0.002 BTC0.0309 BTC0.0306 BTC$3,347.18$30.61
2026-03-230 BTC0.0018 BTC0.0018 BTC0.0327 BTC0.0324 BTC$3,543.76$30.63
2026-04-230 BTC0.002 BTC0.002 BTC0.0347 BTC0.0344 BTC$3,761.54$30.65
2026-05-230 BTC0.0019 BTC0.0019 BTC0.0366 BTC0.0363 BTC$3,972.44$30.67
2026-06-230 BTC0.002 BTC0.002 BTC0.0385 BTC0.0383 BTC$4,190.52$30.69
2026-07-230 BTC0.0019 BTC0.0019 BTC0.0405 BTC0.0402 BTC$4,401.71$30.71
2026-08-230 BTC0.002 BTC0.002 BTC0.0424 BTC0.0422 BTC$4,620.08$30.73
2026-09-230 BTC0.002 BTC0.002 BTC0.0444 BTC0.0441 BTC$4,838.61$30.75
2026-10-230 BTC0.0019 BTC0.0019 BTC0.0463 BTC0.0461 BTC$5,050.22$30.77
2026-11-230 BTC0.002 BTC0.002 BTC0.0483 BTC0.048 BTC$5,269.04$30.79
2026-12-230 BTC0.0019 BTC0.0019 BTC0.0502 BTC0.05 BTC$5,480.94$30.81
2027-01-230 BTC0.002 BTC0.002 BTC0.0522 BTC0.0519 BTC$5,700.06$30.83
2027-02-230 BTC0.002 BTC0.002 BTC0.0542 BTC0.0539 BTC$5,919.32$30.85
2027-03-230 BTC0.0018 BTC0.0018 BTC0.056 BTC0.0557 BTC$6,117.49$30.88
2027-04-230 BTC0.002 BTC0.002 BTC0.058 BTC0.0577 BTC$6,337.05$30.90
2027-05-230 BTC0.0019 BTC0.0019 BTC0.0599 BTC0.0596 BTC$6,549.67$30.92
2027-06-230 BTC0.002 BTC0.002 BTC0.0618 BTC0.0616 BTC$6,769.53$30.94
2027-07-230 BTC0.0019 BTC0.0019 BTC0.0638 BTC0.0635 BTC$6,982.44$30.96
2027-08-230 BTC0.002 BTC0.002 BTC0.0657 BTC0.0655 BTC$7,202.59$30.98
2027-09-230 BTC0.002 BTC0.002 BTC0.0677 BTC0.0674 BTC$7,422.89$31.00
2027-10-230 BTC0.0019 BTC0.0019 BTC0.0696 BTC0.0694 BTC$7,636.23$31.02
2027-11-230 BTC0.002 BTC0.002 BTC0.0716 BTC0.0713 BTC$7,856.83$31.04
2027-12-230 BTC0.0019 BTC0.0019 BTC0.0735 BTC0.0733 BTC$8,070.46$31.06
2028-01-230 BTC0.002 BTC0.002 BTC0.0755 BTC0.0752 BTC$8,291.36$31.08
2028-02-230 BTC0.002 BTC0.002 BTC0.0775 BTC0.0772 BTC$8,512.41$31.10
2028-03-230 BTC0.0019 BTC0.0019 BTC0.0793 BTC0.0791 BTC$8,719.34$31.12
2028-04-230 BTC0.002 BTC0.002 BTC0.0813 BTC0.081 BTC$8,940.69$31.15
2028-05-230 BTC0.0019 BTC0.0019 BTC0.0832 BTC0.083 BTC$9,155.04$31.17
2028-06-230 BTC0.002 BTC0.002 BTC0.0852 BTC0.0849 BTC$9,376.69$31.19
2028-07-230 BTC0.0019 BTC0.0019 BTC0.0871 BTC0.0869 BTC$9,591.33$31.21
2028-08-230 BTC0.002 BTC0.002 BTC0.0891 BTC0.0888 BTC$9,813.28$31.23
2028-09-230 BTC0.002 BTC0.002 BTC0.0911 BTC0.0908 BTC$10,035.37$31.25
2028-10-230 BTC0.0019 BTC0.0019 BTC0.093 BTC0.0927 BTC$10,250.45$31.27
2028-11-230 BTC0.002 BTC0.002 BTC0.095 BTC0.0947 BTC$10,472.85$31.29
2028-12-230 BTC0.0019 BTC0.0019 BTC0.0969 BTC0.0966 BTC$10,688.22$31.31
2029-01-230 BTC0.002 BTC0.002 BTC0.0989 BTC0.0986 BTC$10,910.92$31.33
2029-02-230 BTC0.002 BTC0.002 BTC0.1009 BTC0.1006 BTC$11,133.77$31.36
2029-03-230 BTC0.0018 BTC0.0018 BTC0.1026 BTC0.1024 BTC$11,335.19$31.38
2029-04-230 BTC0.002 BTC0.002 BTC0.1046 BTC0.1043 BTC$11,558.34$31.40
2029-05-230 BTC0.0019 BTC0.0019 BTC0.1065 BTC0.1063 BTC$11,774.43$31.42
2029-06-230 BTC0.002 BTC0.002 BTC0.1085 BTC0.1082 BTC$11,997.89$31.44
2029-07-230 BTC0.0019 BTC0.0019 BTC0.1104 BTC0.1102 BTC$12,214.28$31.46
2029-08-230 BTC0.002 BTC0.002 BTC0.1124 BTC0.1121 BTC$12,438.03$31.48
2029-09-230 BTC0.002 BTC0.002 BTC0.1144 BTC0.1141 BTC$12,661.94$31.50
2029-10-230 BTC0.0019 BTC0.0019 BTC0.1163 BTC0.116 BTC$12,878.77$31.52
2029-11-230 BTC0.002 BTC0.002 BTC0.1183 BTC0.118 BTC$13,102.98$31.55
2029-12-230 BTC0.0019 BTC0.0019 BTC0.1202 BTC0.1199 BTC$13,320.10$31.57
2030-01-230 BTC0.002 BTC0.002 BTC0.1222 BTC0.1219 BTC$13,544.62$31.59
2030-02-230 BTC0.002 BTC0.002 BTC0.1242 BTC0.1239 BTC$13,769.28$31.61
2030-03-230 BTC0.0018 BTC0.0018 BTC0.126 BTC0.1257 BTC$13,972.34$31.63
2030-04-230 BTC0.002 BTC0.002 BTC0.1279 BTC0.1277 BTC$14,197.31$31.65
2030-05-230 BTC0.0019 BTC0.0019 BTC0.1299 BTC0.1296 BTC$14,415.17$31.67
2030-06-230 BTC0.002 BTC0.002 BTC0.1318 BTC0.1316 BTC$14,640.44$31.69
2030-07-230 BTC0.0019 BTC0.0019 BTC0.1337 BTC0.1335 BTC$14,858.60$31.72
2030-08-230 BTC0.002 BTC0.002 BTC0.1357 BTC0.1354 BTC$15,084.17$31.74
2030-09-230 BTC0.002 BTC0.002 BTC0.1377 BTC0.1374 BTC$15,309.90$31.76
2030-10-230 BTC0.0019 BTC0.0019 BTC0.1396 BTC0.1393 BTC$15,528.50$31.78
2030-11-230 BTC0.002 BTC0.002 BTC0.1416 BTC0.1413 BTC$15,754.54$31.80
2030-12-230 BTC0.0019 BTC0.0019 BTC0.1435 BTC0.1432 BTC$15,973.43$31.82
2031-01-230 BTC0.002 BTC0.002 BTC0.1455 BTC0.1452 BTC$16,199.77$31.84
2031-02-230 BTC0.002 BTC0.002 BTC0.1475 BTC0.1472 BTC$16,426.27$31.86
2031-03-230 BTC0.0018 BTC0.0018 BTC0.1493 BTC0.149 BTC$16,630.98$31.89
2031-04-230 BTC0.002 BTC0.002 BTC0.1512 BTC0.151 BTC$16,857.78$31.91
2031-05-230 BTC0.0019 BTC0.0019 BTC0.1532 BTC0.1529 BTC$17,077.41$31.93
2031-06-230 BTC0.002 BTC0.002 BTC0.1551 BTC0.1549 BTC$17,304.52$31.95
2031-07-230 BTC0.0019 BTC0.0019 BTC0.1571 BTC0.1568 BTC$17,524.45$31.97
2031-08-230 BTC0.002 BTC0.002 BTC0.159 BTC0.1588 BTC$17,751.87$31.99
2031-09-230 BTC0.002 BTC0.002 BTC0.161 BTC0.1607 BTC$17,979.44$32.01
2031-10-230 BTC0.0019 BTC0.0019 BTC0.1629 BTC0.1627 BTC$18,199.81$32.04
2031-11-230 BTC0.002 BTC0.002 BTC0.1649 BTC0.1646 BTC$18,427.69$32.06
2031-12-230 BTC0.0019 BTC0.0019 BTC0.1668 BTC0.1665 BTC$18,648.37$32.08
2032-01-230 BTC0.002 BTC0.002 BTC0.1688 BTC0.1685 BTC$18,876.55$32.10
2032-02-230 BTC0.002 BTC0.002 BTC0.1708 BTC0.1705 BTC$19,104.89$32.12
2032-03-230 BTC0.0019 BTC0.0019 BTC0.1726 BTC0.1724 BTC$19,318.64$32.14
2032-04-230 BTC0.002 BTC0.002 BTC0.1746 BTC0.1743 BTC$19,547.29$32.17
2032-05-230 BTC0.0019 BTC0.0019 BTC0.1765 BTC0.1763 BTC$19,768.72$32.19
2032-06-230 BTC0.002 BTC0.002 BTC0.1785 BTC0.1782 BTC$19,997.67$32.21
2032-07-230 BTC0.0019 BTC0.0019 BTC0.1804 BTC0.1802 BTC$20,219.39$32.23
2032-08-230 BTC0.002 BTC0.002 BTC0.1824 BTC0.1821 BTC$20,448.66$32.25
2032-09-230 BTC0.002 BTC0.002 BTC0.1844 BTC0.1841 BTC$20,678.09$32.27
2032-10-230 BTC0.0019 BTC0.0019 BTC0.1863 BTC0.186 BTC$20,900.26$32.29
2032-11-230 BTC0.002 BTC0.002 BTC0.1883 BTC0.188 BTC$21,129.99$32.32
2032-12-230 BTC0.0019 BTC0.0019 BTC0.1902 BTC0.1899 BTC$21,352.46$32.34
2033-01-230 BTC0.002 BTC0.002 BTC0.1922 BTC0.1919 BTC$21,582.51$32.36
2033-02-230 BTC0.002 BTC0.002 BTC0.1942 BTC0.1939 BTC$21,812.71$32.38
2033-03-230 BTC0.0018 BTC0.0018 BTC0.1959 BTC0.1957 BTC$22,020.77$32.40
2033-04-230 BTC0.002 BTC0.002 BTC0.1979 BTC0.1976 BTC$22,251.28$32.43
2033-05-230 BTC0.0019 BTC0.0019 BTC0.1998 BTC0.1996 BTC$22,474.50$32.45
2033-06-230 BTC0.002 BTC0.002 BTC0.2018 BTC0.2015 BTC$22,705.33$32.47
2033-07-230 BTC0.0019 BTC0.0019 BTC0.2037 BTC0.2035 BTC$22,928.85$32.49
2033-08-230 BTC0.002 BTC0.002 BTC0.2057 BTC0.2054 BTC$23,159.99$32.51
2033-09-230 BTC0.002 BTC0.002 BTC0.2077 BTC0.2074 BTC$23,391.28$32.53
2033-10-230 BTC0.0019 BTC0.0019 BTC0.2096 BTC0.2093 BTC$23,615.26$32.56
2033-11-230 BTC0.002 BTC0.002 BTC0.2116 BTC0.2113 BTC$23,846.87$32.58
2033-12-230 BTC0.0019 BTC0.0019 BTC0.2135 BTC0.2132 BTC$24,071.15$32.60
2034-01-230 BTC0.002 BTC0.002 BTC0.2155 BTC0.2152 BTC$24,303.07$32.62
2034-02-230 BTC0.002 BTC0.002 BTC0.2175 BTC0.2172 BTC$24,535.14$32.64
2034-03-230 BTC0.0018 BTC0.0018 BTC0.2193 BTC0.219 BTC$24,744.90$32.67
2034-04-230 BTC0.002 BTC0.002 BTC0.2212 BTC0.221 BTC$24,977.29$32.69
2034-05-230 BTC0.0019 BTC0.0019 BTC0.2232 BTC0.2229 BTC$25,202.33$32.71
2034-06-230 BTC0.002 BTC0.002 BTC0.2251 BTC0.2249 BTC$25,435.03$32.73
2034-07-230 BTC0.0019 BTC0.0019 BTC0.2271 BTC0.2268 BTC$25,660.38$32.75
2034-08-230 BTC0.002 BTC0.002 BTC0.229 BTC0.2288 BTC$25,893.40$32.78
2034-09-230 BTC0.002 BTC0.002 BTC0.231 BTC0.2307 BTC$26,126.57$32.80
2034-10-230 BTC0.0019 BTC0.0019 BTC0.2329 BTC0.2327 BTC$26,352.38$32.82
2034-11-230 BTC0.002 BTC0.002 BTC0.2349 BTC0.2346 BTC$26,585.87$32.84
Contract not yet ended.   Projected price/BTC: $117,957.32