What affects mining profit?

The difficulty is nothing more than the total hashrate of the network divided by the number of miners that are mining on that same network . The more miners there are with more GPUs and ASICs the more the hashrate of the network will go up, and our gains will slowly go down.

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Is CPU mining profitable?

Therefore, the profitability of CPU mining depends on several factors such as network hash rate, hardware cost, energy cost, etc . However, make sure the coin you are mining at least makes your electricity cost back so that you can hold onto your coins for future profit.

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How is mining profitability calculated?

For an estimate, using a 2.50% commission, net mining revenue is 0.00068445 BTC. 0.000702 BTC is calculated by 68 (miner hashrate) ÷ 85,000,000 (network hashrate) × 144 (number of blocks per day) × 6.25 (block reward) . If BTC is priced at $50,000 USD, then this M20S has a daily revenue of about $34 USD.

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