Grow It · Bitcoin mining
Mining is an industrial operation with electricity contracts, hardware depreciation, uptime risk, and thin margins. Understanding the cost structure matters far more than the headline price of Bitcoin.
Mining economics are driven by all-in electricity cost per kilowatt-hour, machine efficiency, uptime, pool fees, and network difficulty — all against a volatile revenue token.
Mining hardware is a depreciating industrial asset with limited resale value and long lead times. Buying at cycle peaks has repeatedly destroyed capital.
Hosting outsources power, cooling, and maintenance for a fee. Self-operation requires electrical infrastructure, cooling, noise management, permits, and monitoring.
Mined coins generally create income at receipt, with a separate capital event on later disposal. Equipment may be depreciable. Rules vary by jurisdiction.
Mining return model
Enter your power price, machine cost, fleet size and throughput. The model holds every coin you mine, pays the power bill in cash, and values the stack at the end of the term. Sample numbers come from a real 216 TH/s hosted-miner quote — change every one of them to match your own.
Pick a multiple of today's price, or type your own. There is no way to know which one happens.
Exit price used: $78,000 per BTC
Net return over 3 years
$52,114
26.3% of the $198,000 hardware outlay · $52,114 if BTC ends exactly where it is today
Scenario comparison at the end of 3 years
Exit price $39,000 · BTC value $301,357
-$249,243
Exit price $58,500 · BTC value $452,036
-$98,564
Exit price $78,000 · BTC value $602,714
$52,114
Exit price $117,000 · BTC value $904,072
$353,472
Exit price $156,000 · BTC value $1,205,429
$654,829
Exit price $312,000 · BTC value $2,410,858
$1,860,258
Want the full breakdown — every month of BTC mined, electricity paid and where your cash position turns positive? Open the full Bitcoin mining tool page.
See the full breakdownRead this before trusting any number above
The cost equation: electricity price, hardware efficiency, network difficulty, uptime and the price of the asset being mined. Any one of them moving can flip the result.
No. Machines depreciate as newer, more efficient hardware arrives and as difficulty rises, so depreciation belongs in the calculation from day one.
Hosting trades margin for someone else's power contract, cooling and maintenance. Self-operation keeps the margin but puts power, heat, noise and downtime on you.
Mining has its own accounting and tax treatment, including how revenue and equipment are recorded. It should be set up with a CPA rather than reconstructed later.
Educational answers only — not financial, tax, legal or insurance advice.
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Tap a question to open Monet with it ready to edit. Educational guidance only — not tax, legal or investment advice.
