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$364.95$30.32
BLOCK REWARD PROBABLY HALVES BY NOW
2025-01-230 BTC0.002 BTC0.002 BTC0.0056 BTC0.0053 BTC$580.78$30.34
2025-02-230 BTC0.002 BTC0.002 BTC0.0076 BTC0.0073 BTC$796.75$30.36
2025-03-230 BTC0.0018 BTC0.0018 BTC0.0094 BTC0.0091 BTC$991.96$30.38
2025-04-230 BTC0.002 BTC0.002 BTC0.0114 BTC0.0111 BTC$1,208.24$30.40
2025-05-230 BTC0.0019 BTC0.0019 BTC0.0133 BTC0.013 BTC$1,417.68$30.42
2025-06-230 BTC0.002 BTC0.002 BTC0.0152 BTC0.015 BTC$1,634.25$30.45
2025-07-230 BTC0.0019 BTC0.0019 BTC0.0172 BTC0.0169 BTC$1,843.98$30.47
2025-08-230 BTC0.002 BTC0.002 BTC0.0191 BTC0.0189 BTC$2,060.84$30.49
2025-09-230 BTC0.002 BTC0.002 BTC0.0211 BTC0.0208 BTC$2,277.86$30.51
2025-10-230 BTC0.0019 BTC0.0019 BTC0.023 BTC0.0228 BTC$2,488.02$30.53
2025-11-230 BTC0.002 BTC0.002 BTC0.025 BTC0.0247 BTC$2,705.34$30.55
2025-12-230 BTC0.0019 BTC0.0019 BTC0.0269 BTC0.0266 BTC$2,915.79$30.57
2026-01-230 BTC0.002 BTC0.002 BTC0.0289 BTC0.0286 BTC$3,133.40$30.59
2026-02-230 BTC0.002 BTC0.002 BTC0.0309 BTC0.0306 BTC$3,351.16$30.61
2026-03-230 BTC0.0018 BTC0.0018 BTC0.0327 BTC0.0324 BTC$3,547.99$30.63
2026-04-230 BTC0.002 BTC0.002 BTC0.0347 BTC0.0344 BTC$3,766.05$30.65
2026-05-230 BTC0.0019 BTC0.0019 BTC0.0366 BTC0.0363 BTC$3,977.22$30.67
2026-06-230 BTC0.002 BTC0.002 BTC0.0385 BTC0.0383 BTC$4,195.59$30.70
2026-07-230 BTC0.0019 BTC0.0019 BTC0.0405 BTC0.0402 BTC$4,407.05$30.72
2026-08-230 BTC0.002 BTC0.002 BTC0.0424 BTC0.0422 BTC$4,625.71$30.74
2026-09-230 BTC0.002 BTC0.002 BTC0.0444 BTC0.0441 BTC$4,844.52$30.76
2026-10-230 BTC0.0019 BTC0.0019 BTC0.0463 BTC0.0461 BTC$5,056.42$30.78
2026-11-230 BTC0.002 BTC0.002 BTC0.0483 BTC0.048 BTC$5,275.54$30.80
2026-12-230 BTC0.0019 BTC0.0019 BTC0.0502 BTC0.05 BTC$5,487.73$30.82
2027-01-230 BTC0.002 BTC0.002 BTC0.0522 BTC0.0519 BTC$5,707.14$30.84
2027-02-230 BTC0.002 BTC0.002 BTC0.0542 BTC0.0539 BTC$5,926.70$30.86
2027-03-230 BTC0.0018 BTC0.0018 BTC0.056 BTC0.0557 BTC$6,125.16$30.88
2027-04-230 BTC0.002 BTC0.002 BTC0.058 BTC0.0577 BTC$6,345.02$30.91
2027-05-230 BTC0.0019 BTC0.0019 BTC0.0599 BTC0.0596 BTC$6,557.94$30.93
2027-06-230 BTC0.002 BTC0.002 BTC0.0618 BTC0.0616 BTC$6,778.11$30.95
2027-07-230 BTC0.0019 BTC0.0019 BTC0.0638 BTC0.0635 BTC$6,991.32$30.97
2027-08-230 BTC0.002 BTC0.002 BTC0.0657 BTC0.0655 BTC$7,211.79$30.99
2027-09-230 BTC0.002 BTC0.002 BTC0.0677 BTC0.0674 BTC$7,432.42$31.01
2027-10-230 BTC0.0019 BTC0.0019 BTC0.0696 BTC0.0694 BTC$7,646.07$31.03
2027-11-230 BTC0.002 BTC0.002 BTC0.0716 BTC0.0713 BTC$7,866.99$31.05
2027-12-230 BTC0.0019 BTC0.0019 BTC0.0735 BTC0.0733 BTC$8,080.94$31.07
2028-01-230 BTC0.002 BTC0.002 BTC0.0755 BTC0.0752 BTC$8,302.17$31.10
2028-02-230 BTC0.002 BTC0.002 BTC0.0775 BTC0.0772 BTC$8,523.55$31.12
2028-03-230 BTC0.0019 BTC0.0019 BTC0.0793 BTC0.0791 BTC$8,730.79$31.14
2028-04-230 BTC0.002 BTC0.002 BTC0.0813 BTC0.081 BTC$8,952.48$31.16
2028-05-230 BTC0.0019 BTC0.0019 BTC0.0832 BTC0.083 BTC$9,167.16$31.18
2028-06-230 BTC0.002 BTC0.002 BTC0.0852 BTC0.0849 BTC$9,389.15$31.20
2028-07-230 BTC0.0019 BTC0.0019 BTC0.0871 BTC0.0869 BTC$9,604.12$31.22
2028-08-230 BTC0.002 BTC0.002 BTC0.0891 BTC0.0888 BTC$9,826.42$31.24
2028-09-230 BTC0.002 BTC0.002 BTC0.0911 BTC0.0908 BTC$10,048.86$31.27
2028-10-230 BTC0.0019 BTC0.0019 BTC0.093 BTC0.0927 BTC$10,264.28$31.29
2028-11-230 BTC0.002 BTC0.002 BTC0.095 BTC0.0947 BTC$10,487.04$31.31
2028-12-230 BTC0.0019 BTC0.0019 BTC0.0969 BTC0.0966 BTC$10,702.75$31.33
2029-01-230 BTC0.002 BTC0.002 BTC0.0989 BTC0.0986 BTC$10,925.81$31.35
2029-02-230 BTC0.002 BTC0.002 BTC0.1009 BTC0.1006 BTC$11,149.02$31.37
2029-03-230 BTC0.0018 BTC0.0018 BTC0.1026 BTC0.1024 BTC$11,350.77$31.39
2029-04-230 BTC0.002 BTC0.002 BTC0.1046 BTC0.1044 BTC$11,574.29$31.41
2029-05-230 BTC0.0019 BTC0.0019 BTC0.1065 BTC0.1063 BTC$11,790.75$31.44
2029-06-230 BTC0.002 BTC0.002 BTC0.1085 BTC0.1082 BTC$12,014.57$31.46
2029-07-230 BTC0.0019 BTC0.0019 BTC0.1104 BTC0.1102 BTC$12,231.33$31.48
2029-08-230 BTC0.002 BTC0.002 BTC0.1124 BTC0.1121 BTC$12,455.46$31.50
2029-09-230 BTC0.002 BTC0.002 BTC0.1144 BTC0.1141 BTC$12,679.74$31.52
2029-10-230 BTC0.0019 BTC0.0019 BTC0.1163 BTC0.116 BTC$12,896.95$31.54
2029-11-230 BTC0.002 BTC0.002 BTC0.1183 BTC0.118 BTC$13,121.54$31.56
2029-12-230 BTC0.0019 BTC0.0019 BTC0.1202 BTC0.1199 BTC$13,339.04$31.59
2030-01-230 BTC0.002 BTC0.002 BTC0.1222 BTC0.1219 BTC$13,563.94$31.61
2030-02-230 BTC0.002 BTC0.002 BTC0.1242 BTC0.1239 BTC$13,789.00$31.63
2030-03-230 BTC0.0018 BTC0.0018 BTC0.126 BTC0.1257 BTC$13,992.42$31.65
2030-04-230 BTC0.002 BTC0.002 BTC0.1279 BTC0.1277 BTC$14,217.79$31.67
2030-05-230 BTC0.0019 BTC0.0019 BTC0.1299 BTC0.1296 BTC$14,436.03$31.69
2030-06-230 BTC0.002 BTC0.002 BTC0.1318 BTC0.1316 BTC$14,661.71$31.72
2030-07-230 BTC0.0019 BTC0.0019 BTC0.1337 BTC0.1335 BTC$14,880.26$31.74
2030-08-230 BTC0.002 BTC0.002 BTC0.1357 BTC0.1354 BTC$15,106.24$31.76
2030-09-230 BTC0.002 BTC0.002 BTC0.1377 BTC0.1374 BTC$15,332.39$31.78
2030-10-230 BTC0.0019 BTC0.0019 BTC0.1396 BTC0.1393 BTC$15,551.38$31.80
2030-11-230 BTC0.002 BTC0.002 BTC0.1416 BTC0.1413 BTC$15,777.83$31.82
2030-12-230 BTC0.0019 BTC0.0019 BTC0.1435 BTC0.1432 BTC$15,997.13$31.85
2031-01-230 BTC0.002 BTC0.002 BTC0.1455 BTC0.1452 BTC$16,223.90$31.87
2031-02-230 BTC0.002 BTC0.002 BTC0.1475 BTC0.1472 BTC$16,450.82$31.89
2031-03-230 BTC0.0018 BTC0.0018 BTC0.1493 BTC0.149 BTC$16,655.92$31.91
2031-04-230 BTC0.002 BTC0.002 BTC0.1512 BTC0.151 BTC$16,883.15$31.93
2031-05-230 BTC0.0019 BTC0.0019 BTC0.1532 BTC0.1529 BTC$17,103.20$31.95
2031-06-230 BTC0.002 BTC0.002 BTC0.1551 BTC0.1549 BTC$17,330.74$31.98
2031-07-230 BTC0.0019 BTC0.0019 BTC0.1571 BTC0.1568 BTC$17,551.10$32.00
2031-08-230 BTC0.002 BTC0.002 BTC0.159 BTC0.1588 BTC$17,778.95$32.02
2031-09-230 BTC0.002 BTC0.002 BTC0.161 BTC0.1607 BTC$18,006.96$32.04
2031-10-230 BTC0.0019 BTC0.0019 BTC0.1629 BTC0.1627 BTC$18,227.77$32.06
2031-11-230 BTC0.002 BTC0.002 BTC0.1649 BTC0.1646 BTC$18,456.10$32.08
2031-12-230 BTC0.0019 BTC0.0019 BTC0.1668 BTC0.1665 BTC$18,677.21$32.11
2032-01-230 BTC0.002 BTC0.002 BTC0.1688 BTC0.1685 BTC$18,905.85$32.13
2032-02-230 BTC0.002 BTC0.002 BTC0.1708 BTC0.1705 BTC$19,134.64$32.15
2032-03-230 BTC0.0019 BTC0.0019 BTC0.1726 BTC0.1724 BTC$19,348.82$32.17
2032-04-230 BTC0.002 BTC0.002 BTC0.1746 BTC0.1743 BTC$19,577.93$32.19
2032-05-230 BTC0.0019 BTC0.0019 BTC0.1765 BTC0.1763 BTC$19,799.81$32.22
2032-06-230 BTC0.002 BTC0.002 BTC0.1785 BTC0.1782 BTC$20,029.23$32.24
2032-07-230 BTC0.0019 BTC0.0019 BTC0.1804 BTC0.1802 BTC$20,251.41$32.26
2032-08-230 BTC0.002 BTC0.002 BTC0.1824 BTC0.1821 BTC$20,481.15$32.28
2032-09-230 BTC0.002 BTC0.002 BTC0.1844 BTC0.1841 BTC$20,711.04$32.30
2032-10-230 BTC0.0019 BTC0.0019 BTC0.1863 BTC0.186 BTC$20,933.68$32.33
2032-11-230 BTC0.002 BTC0.002 BTC0.1883 BTC0.188 BTC$21,163.89$32.35
2032-12-230 BTC0.0019 BTC0.0019 BTC0.1902 BTC0.1899 BTC$21,386.83$32.37
2033-01-230 BTC0.002 BTC0.002 BTC0.1922 BTC0.1919 BTC$21,617.36$32.39
2033-02-230 BTC0.002 BTC0.002 BTC0.1942 BTC0.1939 BTC$21,848.05$32.41
2033-03-230 BTC0.0018 BTC0.0018 BTC0.196 BTC0.1957 BTC$22,056.55$32.44
2033-04-230 BTC0.002 BTC0.002 BTC0.1979 BTC0.1977 BTC$22,287.56$32.46
2033-05-230 BTC0.0019 BTC0.0019 BTC0.1998 BTC0.1996 BTC$22,511.26$32.48
2033-06-230 BTC0.002 BTC0.002 BTC0.2018 BTC0.2015 BTC$22,742.59$32.50
2033-07-230 BTC0.0019 BTC0.0019 BTC0.2037 BTC0.2035 BTC$22,966.60$32.53
2033-08-230 BTC0.002 BTC0.002 BTC0.2057 BTC0.2054 BTC$23,198.24$32.55
2033-09-230 BTC0.002 BTC0.002 BTC0.2077 BTC0.2074 BTC$23,430.04$32.57
2033-10-230 BTC0.0019 BTC0.0019 BTC0.2096 BTC0.2093 BTC$23,654.51$32.59
2033-11-230 BTC0.002 BTC0.002 BTC0.2116 BTC0.2113 BTC$23,886.63$32.61
2033-12-230 BTC0.0019 BTC0.0019 BTC0.2135 BTC0.2132 BTC$24,111.41$32.64
2034-01-230 BTC0.002 BTC0.002 BTC0.2155 BTC0.2152 BTC$24,343.85$32.66
2034-02-230 BTC0.002 BTC0.002 BTC0.2175 BTC0.2172 BTC$24,576.44$32.68
2034-03-230 BTC0.0018 BTC0.0018 BTC0.2193 BTC0.219 BTC$24,786.67$32.70
2034-04-230 BTC0.002 BTC0.002 BTC0.2212 BTC0.221 BTC$25,019.59$32.72
2034-05-230 BTC0.0019 BTC0.0019 BTC0.2232 BTC0.2229 BTC$25,245.14$32.75
2034-06-230 BTC0.002 BTC0.002 BTC0.2251 BTC0.2249 BTC$25,478.38$32.77
2034-07-230 BTC0.0019 BTC0.0019 BTC0.2271 BTC0.2268 BTC$25,704.24$32.79
2034-08-230 BTC0.002 BTC0.002 BTC0.229 BTC0.2288 BTC$25,937.80$32.81
2034-09-230 BTC0.002 BTC0.002 BTC0.231 BTC0.2307 BTC$26,171.51$32.84
2034-10-230 BTC0.0019 BTC0.0019 BTC0.2329 BTC0.2327 BTC$26,397.84$32.86
2034-11-230 BTC0.002 BTC0.002 BTC0.2349 BTC0.2346 BTC$26,631.88$32.88
Contract not yet ended.   Projected price/BTC: $118,231.64