Formula and assumptions
kWh/day = watts ÷ 1,000 × 24 × uptime. Cost = kWh × electricity rate.
Enter measured wall power and your all-in tariff. Uptime scales energy and cost; demand charges and facility cooling need separate allowances.
FREE MINING TOOL
Electricity cost calculator
Turn wall power and your electricity tariff into daily, monthly and yearly running costs.
YOUR INPUTS USD
Reference values are editable. Check your measured wall power.
$0.00$0.30/kWh
CALCULATED RESULTS 30-day month
- Energy / day
- 84.00 kWh
- Electricity / day
- $6.72
- Electricity / month
- $201.60
- Electricity / year
- $2,452.80
Source: current user inputs and published formulas. Last updated: on each input change.
SENSITIVITY ANALYSIS
Every cent changes the equation.
| Rate / kWh | kWh / day | Cost / day | Cost / month | Cost / year | Revenue / day | Profit / day | Profit / month |
|---|---|---|---|---|---|---|---|
| $0.03 | 84.00 | $2.52 | $75.60 | $919.80 | $8.01 | $5.33 | $159.98 |
| $0.04 | 84.00 | $3.36 | $100.80 | $1,226.40 | $8.01 | $4.49 | $134.78 |
| $0.05 | 84.00 | $4.20 | $126.00 | $1,533.00 | $8.01 | $3.65 | $109.58 |
| $0.06 | 84.00 | $5.04 | $151.20 | $1,839.60 | $8.01 | $2.81 | $84.38 |
| $0.07 | 84.00 | $5.88 | $176.40 | $2,146.20 | $8.01 | $1.97 | $59.18 |
| $0.08 | 84.00 | $6.72 | $201.60 | $2,452.80 | $8.01 | $1.13 | $33.98 |
| $0.09 Nearest break-even | 84.00 | $7.56 | $226.80 | $2,759.40 | $8.01 | $0.29 | $8.78 |
| $0.10 | 84.00 | $8.40 | $252.00 | $3,066.00 | $8.01 | $-0.55 | $-16.42 |
| $0.12 | 84.00 | $10.08 | $302.40 | $3,679.20 | $8.01 | $-2.23 | $-66.82 |
| $0.15 | 84.00 | $12.60 | $378.00 | $4,599.00 | $8.01 | $-4.75 | $-142.42 |
| $0.20 | 84.00 | $16.80 | $504.00 | $6,132.00 | $8.01 | $-8.95 | $-268.42 |
Revenue is gross; profit deducts the selected pool fee and electricity. Assumes current network conditions remain constant. Nearest break-even is highlighted only when it falls within this table’s range.
Worked example
At 3,500 W, 100% uptime and $0.08/kWh: 84 kWh/day, $6.72/day and $201.60 per 30-day month.
Arithmetic examples explain the tool; they are not live market observations. Reference specifications are linked on ASIC pages.
Inspect sources →Frequently asked questions
Does the tariff include taxes?
Enter the energy price you actually pay, including energy-based taxes. Fixed fees are separate.
Why is a month 30 days?
A fixed month makes scenarios comparable; the year uses 365 days.
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