How to Calculate the Bitcoin Cloud Mining Revenue?

MVUfish
4 min readJun 7, 2021

Instructions for the use of the Bitcoin Mining Revenue Calculator

First, why use the mining income calculator

With the rise of Bitcoin, the price of Bitcoin continues to rise, more and more people know Bitcoin, bitcoin miners (also known as “miners”) are also increasing. From the original computer CPU mining, to the later graphics GPU mining, in the last two years, there has been a special design for Bitcoin mining ASIC chips, so bitcoin mining machines emerged, become the mainstream mining.

Bitcoin mining industry is very different from traditional industries, mining will fluctuate, and as the difficulty of calculation, mining will be less and less. A month’s mining is not equal to one day’s mining ore out by 30 days directly.

In this case, you need the Bitcoin Mining Revenue Calculator to calculate your earnings.

Second, how to use the mining income calculator

Visit the Mining Revenue Calculator.

Bitcoin Mining Revenue Calculator Classification

Bitcoin Mining Revenue Calculator (Abridged Edition)

Bitcoin Mining Revenue Calculator (Full Edition)

Among them, the calculation difficulty, RMB exchange rate, U.S. dollar exchange rate is automatically derived from the current market of Bitcoin, keep the default can be. Click Expand more options to see other options and recommend them for veterans.

Common configuration options:

Computing power: Device computing power in GH/S units

Equipment costs: Mine machine costs in RMB, USD (USD),BTC(Bitcoin), select the appropriate pricing units as needed

Device power: Device power, in W

Electricity: Electricity prices, according to the local electricity price adjustment, the default is 0.6 yuan per degree

Arrival time: The time when the mine reaches the buyer

As of time: Used with arrival time to set the mining time

Take a mine machine as an example, the equipment has a calculated power of 200G and a price of 1800RMB. Enter 200 in the “Computing Power” box, enter 1800 in the “Equipment Cost” box, and click “Calculate Revenue” to get a one-day return of about RMB44.99, about 100 days to recover costs.

Example 1of the calculation of mining revenue

In the case of a mine machine, the device has a computing power of 180G and is priced at 0.893BTC in Bitcoin. Enter 180 in the calculation force box, click the drop-down arrow in “Device Cost” to select “BTC” and enter 0.893, click “Calculate Revenue” to get a one-day gain of about 0.0148BTC, the return time will be more than 999 days, in fact, it is no longer possible to return the book.

Example 2 of the calculation of mining revenue

Please note that the benefits in the above example are not subtracted from the cost of electricity. To deduct your electricity bill, click Expand more options and use the full version of the calculator.

Also take a mine machine as an example, the equipment has a calculation power of 200G, the price is 1800RMB, the power is 1000W. Enter 200 in the “Computing Power” box, enter 1800 in the “Device Cost” box, click “Expand more options”, enter 1000 in the “Device Power” box, leave empty in the “Electricity” box (i.e. using the default 0.6 yuan per degree), click “Calculate Revenue”, you can get a one-day income of about 30.89 yuan, the return time will be more than 999 days, in fact, it is impossible to return this.

Example 3 of the calculation of mining revenue

Due to the particularity of the mine machine, some mine machine is not buy-to-let, it needs to take into account the time of shipment. Then with the mine parameters above, plus arrival time and due time, click on the “arrival time” box, select the arrival time in the pop-up time table, here select May 1, 2014, click on the “as of time” box, select the time as of the pop-up time table, here select July 30, 2014, that is, mining for 3 months. For the convenience of calculation, the cost of electricity is removed here. From this, we can see the corresponding relationship between mining time, cycle and income, that is, after 3 months, the bitcoin income from mining is 1230.71RMB (total revenue), after deducting equipment costs, the return is -569.29RMB (actual income), which is negative, indicating that it is not suitable to purchase the mine at this time.

Example 4 of the MVU calculation of mining revenue

MVU no need to purchase expensive equipment, and there is no need to waste time for setup and maintenance, so that everyone can participate in cryptocurrency mining.
MVU have deduct your electricity bill,In the case of $69 contract, Contract Period:2 Years.
The contract has a computing power of 1TH/s and based on current value of BTC:$36231. select “BTC” and enter 1TH/s in the calculation force box , to get a two-years gain of about 0.00218270BTC,$79.08.

Third, note

Mining income calculator is based on the current Bitcoin system network-wide computing power, exchange rate, etc. to calculate income, and Bitcoin network-wide computing power is growing every day, Bitcoin prices are changing all the time, resulting in exchange rate fluctuations, these factors will affect the actual return. The mining revenue calculator is used only as a reference for selecting a Bitcoin miner and does not represent the actual return on the mine.

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MVUfish

The goal of MVU Cloud Mining is to make cloud mining not only to cryptocurrency enthusiasts, but also for ordinary users.