

Make sure to take these into account and add them into the “hardware cost” section of the calculator. Unless you already have the needed parts, you will likely need to purchase cooling fans and power supplies. Miners also generate heat and need to be supplied with electricity. A higher hash rate means a more powerful miner. When purchasing mining hardware, you will want to look at a miner’s hash rate measured in Terra Hash (Th/s). There are three main mining hardware manufacturers today that supply miners on the market. Just like good computers cost more money, good mining hardware is expensive. The up-front cost of mining hardware is usually the largest expense for any new mining operation. Let’s outline the many factors that will determine whether or not your mining operation will be profitable. While mining today is very competitive, it’s possible to run a successful and profitable mining operation. Due to miners’ crucial role in the network, an incentive system was designed so that miners will be compensated for providing their services.Įach block mined by miners contains a block reward-a fixed amount of Bitcoins that are paid out to the miner that mined the block. The more miners you have, the more decentralized and secure the network is.
#MEGA HASH CALCULATOR UPDATE#
Without miners, there would be no one to update Bitcoin’s ledger, which is known as the blockchain. Calculating Bitcoin Mining Profitabilityīitcoin mining secures the Bitcoin network. Conclusion: A Bitcoin Mining Calculator Predicts the Futureġ.Bitcoin Mining Difficulty and Network Hash Power.Calculating Bitcoin Mining Profitability.However, you can adjust any value manually to simulate possible scenarios.įor a detailed explanation about each part of the calculator keep on reading. the exchange rate) are updated automatically with the latest network stats. Results will be displayed automatically in USD (to see the detailed calculation, click “Show Details”).The more information you enter, the more accurate the result will be. Enter additional optional information, such as pool fees, electricity costs, etc.Enter the hash rate of your Bitcoin mining hardware (mandatory).The capital K represents Kelvin which is the base unit of temperature in the International System of Units. Note: Except the symbol of k in kH/s all other unit is upper-case. GH/s (Giga-Hash per Second) = 1 000 000 000 Hashes/s MH/s (Mega-Hash per Second) = 1 000 000 Hashes/s KH/s (Kilo-Hash per Second) = 1 000 Hashes/s Hash rate denominations are measured in standard metric prefixes just like how mass, volume, length and time are expressed. All these are called Hash rate and is computed as Hashes generated per second (H/s). It is a speed at which a given mining hardware solves a problem. Hash Rate Conversion Table Hash Rate Unitĭifference between H/s, kH/s, MH/s, GH/s, TH/s, PH/s, EH/s and ZH/sĪll these units such as kH/s, Mh/s, GHs and so on are the common terms used in crypto mining operation. So while converting input the right metric and do not confuse it with other algorithm as you totally get different speeds on them. Whereas Zcash uses Equihash algorithm and its difficult is measured in Sol/s (Solutions per second). For example Ethereum uses Ethash algorithm ( a modified version of Dagger-Hashimoto) and its difficulty is measured in Hashes. Note: The hashing algorithm used by each and every coin varies and so the hashrate is. It is just an example to give a basic idea of this tool. You can convert hashrate of the mining pool and compare it with the results shown in block explorer. Higher the hashrate the quicker you’ll be able to solve a block. You can use the above tool to convert and compare your hash power with the overall network hashrate. So why convert?įor instance lets say you have an ASIC miner which is capable of delivering 14 TH/s. To convert this value in to TeraHash or PetaHash or GigaHash you can use this tool. To use this calculator just input your mining hardware hashing power and it will automatically convert to all other units.įor example the current network hashrate of Bitcoin is 140 EH/s (Exa hashes per second). With this simple hashrate calculator you can convert Hash to KiloHash to MegaHash to GigaHash to TeraHash to PetaHash to ExaHash to ZettaHash and vice versa. Got your shiny new ASIC miner or just setup a new GPU mining rig? You might be looking for a way to convert your hashpower from one unit to another.
