How we calculate mining and energy costs

Mining revenue

Estimated daily revenue uses the selected miner’s hashrate and the matching ViaBTC estimate for 24 hours of operation. The feed covers BTC, BCH, LTC with DOGE, ZEC, DASH and KAS. Revenue in EUR uses the exchange rate from the provider’s current USD and EUR quotes.

The site refreshes the ViaBTC snapshot twice a day. A dash means that the result is unavailable. This can happen when a network is outside the feed’s coverage, a quote or exchange rate is out of date, or a variant is missing verified specifications. Electricity cost can still be shown where power and tariff are known.

Electricity and tariffs

Energy use equals power in kW × operating hours × number of devices. Electricity cost equals energy use in kWh × price per kWh. 1 kW is 1,000 W, and 100 euro cents/kWh is €1/kWh. For one 3 kW miner running 24 hours at €0.10/kWh, the estimate is 72 kWh and €7.20 per day.

The Norway hosting rate is a reference for comparison. The Estonia exchange option uses an average of Elering’s 15-minute prices across the last 30 complete days. It covers wholesale energy only. VAT, network charges, supplier margins and other charges can change the bill. To model your own bill, enter the variable price you pay per kWh.

Break-even tariff and payback

The break-even tariff is estimated daily revenue in EUR divided by daily electricity use in kWh. At that tariff the estimate covers electricity. A lower tariff leaves a positive balance before other costs. The calculation needs known power, current revenue and a current exchange rate.

Hardware payback is the selected variant’s price divided by daily mining revenue in EUR, using €0/kWh and 24 hours a day. The result rounds up to whole days. A result over 1,825 days or confirmed zero revenue is shown as “In the future”. Missing inputs produce a dash. The estimate holds the current revenue constant.

Balances, colours and comparisons

The mining balance is estimated revenue minus electricity cost. It excludes hardware and other operating expenses. In the mining metrics, zero is yellow, negative values range from orange to red, and higher positive daily amounts become greener. Break-even tariffs use a separate scale in euro cents/kWh. The economics table puts estimates with missing data last and keeps its colour scale when you filter. Figures can change as market prices, network conditions or operating hours change.

Heating with a miner

Useful heat equals the miner’s electricity use multiplied by the share of heat that reaches the space. The daily tool scales mining revenue by the selected operating hours. The monthly example uses 30 days. Coverage is estimated mining revenue divided by electricity cost and is unavailable when electricity costs zero or less. Equipment, installation and other costs are separate.

The 10 kWh chart compares the same amount of useful heat. Heat pump consumption uses seasonal efficiency (SCOP), and boiler consumption uses the stated efficiency. A balance right of zero means estimated mining revenue exceeds the modelled energy cost. A balance left of zero shows a remaining expense. In the detailed comparison, any heat shortfall is covered by electric backup. The gas reference is from Eurostat and uses gross calorific value.

Hosting costs

The monthly estimate uses a 30-day month at 24 hours a day (720 hours), the location’s electricity rate, device power and quantity. A power range gives a cost range. Per-device monitoring is added to the recurring total. Any one-time setup charge is added to the first month. The calculator shows costs before VAT. Actual hosting charges depend on measured equipment consumption, uptime and agreed terms.

XBT mining and hashrate rental

The calculator uses the rental rate from Mining Rig Rentals for the share of the period you expect to rent out. It estimates XBT mining revenue for the remaining time from AlphaPool network data and the AlphaSwap price index. Electricity costs use rated power, the number of miners, 24 hours per day and your selected tariff.

The result combines both revenue streams in EUR and deducts electricity and any operating costs entered in the settings. Estimated payback uses the specified equipment and setup costs and requires a positive balance.

Sources

Use these references to check the market, electricity and heating data behind the estimates.