the asic you're using, and your electricity cost. For example, if you were responsible for 5 of the hashing power, you'd receive 5 of the block reward, minus pool fees. As the Bitcoin block reward continues to halve, the value of Bitcoin is predicted to increase. Mining Bitcoin is not easy that's why millions of dollars have been invested to research, develop, prototype and sell specialized mining hardware.
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Disclaimer: the calculation is nz forex rates based on the current 'difficulty' and this value can change in the future. If you want to start mining Bitcoin, consider joining a Bitcoin mining pool. This leads us to our next point: Block Difficulty, if you were able to connect the dots, you probably realized that a block reward is worth a whole lot of money. Days to break even: N/A (can vary greatly depending on the current exchange rates). Estimated Expected Bitcoin Earnings, the estimated expected Bitcoin earnings are based on a statistical calculation using the values entered and do not account for difficulty and exchange rate fluctuations, stale/reject/orphan rates, and a pool's efficiency. If BTC is no longer minted, mining won't be profitable anymore, right? Mining pools may not seem appealing at first because you have to divvy up the reward, but they're actually a smart move, as they significantly increase your odds of validating a block.