Mining Profitability Guide
To calculate mining profitability, you should follow these steps, no matter which calculator you are using:
🔸️Be sure you know your GPU models and the Hash rates.
🔸️Be sure you know the algorithm of the coin.
🔸️Choose the exchange you plan to use for selling coins. This is necessary if you want more precise results.
🔸️Be sure you know your electricity cost.
You can find a list of calculators online that are used by miners, here:
https://bithouseco.home.blog/2021/09/12/mining-calculators/
🔹️ Be sure to keep track of what’s happening in the cryptocurrency world, if you aren’t doing so already. If a coin has problems, it will definitely affect the price and mining profitability, and may even prevent you from selling mined coins.
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