XMR Mining Profit Calculator

Hash Rate (H/s):

Power Consumption (W):

Electricity Cost (USD per kWh):

XMR Price (USD):

Here’s a comprehensive table summarizing key information about Monero mining profitability:

Aspect	Details
Mining Algorithm	RandomX (ASIC-resistant)
Network Hashrate	Approximately 2.85 GH/s 4 5
Block Reward	Approximately 0.6 XMR per block 4 6
Block Time	Approximately 2 minutes 6
Current XMR Price	Around $159 USD 4 5
Hardware Options	Primarily CPUs; GPUs are less efficient for RandomX 6
Electricity Cost Impact	Significant; low-cost electricity is crucial for profitability 1 2
Profitability Factors	Hashrate, electricity cost, hardware efficiency, XMR price 2 3 6
Mining Pools	MineXMR, SupportXMR, MoneroOcean; pool fees typically 0-2% 2 3
Solo vs. Pool Mining	Pool mining offers more consistent payouts; solo mining can be lucrative if successful but is risky 3 6
Hardware Costs	Initial investment in CPUs; consider efficiency (H/s per watt) 3
Market Conditions	Volatility in XMR price affects profitability; future price increases could improve returns 3 6
Environmental Impact	High energy consumption due to PoW mechanism; consider energy-efficient setups 2 3
Long-Term Outlook	Potential for profitability if XMR price increases; many mine as a long-term investment or for network support 1 6

Key Considerations:

Electricity Costs: Mining profitability is heavily dependent on electricity costs. Miners in regions with cheap electricity have a significant advantage.
Hardware Efficiency: Using efficient hardware that maximizes hash rate while minimizing power consumption is crucial.
Market Volatility: The price of Monero can fluctuate significantly, impacting the profitability of mining operations.
Regulatory Environment: Changes in regulations affecting privacy-focused cryptocurrencies like Monero could impact its market value and mining viability.
Community Support: Many miners choose to support the Monero network for its privacy features and decentralization ethos, even if immediate profits are low.

These factors should be carefully considered before investing in Monero mining to ensure that it aligns with your financial goals and risk tolerance.