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Rewards explained

How to calculate mining rewards

Break the estimate into gross revenue, maintenance cost and net reward. This makes optimistic assumptions much easier to spot.

8 minute readUpdated September 8, 2026Independent guide

The daily formula

The calculator on this site follows this formula:

Daily net USD = (Hashprice × BTC price × TH) − [($0.05 × 24 × EE ÷ 1000 + $0.0089) × TH × (1 − Discount)]

The discount must be entered as a decimal inside the formula. A 23.3% discount therefore becomes 0.233.

VariableMeaning
HashpriceDaily BTC revenue per TH.
BTC priceThe current US dollar value of one BTC.
THYour miner power in terahashes per second.
EEYour miner's energy efficiency in watts per TH.
DiscountThe maintenance discount that actually applies to your account.

Worked daily example

Assume 4 TH, 12 W/TH, hashprice of 0.0000005004 BTC per TH per day, a BTC price of $90,000 and a 23.3% maintenance discount.

  1. 01

    Gross mining revenue

    0.0000005004 × $90,000 × 4 = $0.180144 per day.

  2. 02

    Electricity before discount

    $0.05 × 24 × 12 ÷ 1000 × 4 = $0.057600 per day.

  3. 03

    Service cost before discount

    $0.0089 × 4 = $0.035600 per day.

  4. 04

    Maintenance after discount

    ($0.057600 + $0.035600) × (1 − 0.233) = $0.071484 per day.

  5. 05

    Estimated net reward

    $0.180144 − $0.071484 = $0.108660 per day, or about 0.00000121 BTC at this BTC price.

Open this exact example

Test every input in the calculator

The shared URL contains the example values. Change one number at a time to see its effect.

Open example ↗

How to interpret the result

A positive daily estimate does not tell you how quickly the miner purchase price will be recovered. It also does not predict tomorrow. Hashprice, Bitcoin price and the discount can move, while available miner prices and conditions can change.

Do not hide weak assumptions inside the discount.

If your account has no discount, enter 0%. If your discount requires tokens, remember that the token value can also rise or fall.

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