Bytom (BTM) Mining Calculator – Calculate Your Profitability
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Bytom (BTM) Mining Calculator
Calculate your potential Bytom mining profitability by entering your hardware details and current network information.
Your Estimated Mining Results
Enter your details above and click "Calculate" to see your potential earnings.
Understanding Bytom (BTM) Mining
Bytom is a blockchain protocol designed for asset management. It aims to bridge the digital and physical worlds by enabling the registration and exchange of diverse assets. Mining Bytom involves securing the network and validating transactions using a unique proof-of-work algorithm called Tensority.
What is the Tensority Algorithm?
Unlike many other cryptocurrencies, Bytom's Tensority algorithm was specifically designed to be ASIC-friendly. It leverages tensor computation, which is common in AI and deep learning hardware. This makes mining Bytom particularly efficient on specialized ASIC miners designed for this algorithm, rather than general-purpose GPUs.
Key Factors in Bytom Mining Profitability
Several variables determine whether mining Bytom will be profitable. Our calculator uses these factors to provide an accurate estimate:
- Hashrate: This is the speed at which your mining hardware can perform calculations for the Tensority algorithm. A higher hashrate means you can solve more blocks and earn more rewards. It's measured in hashes per second (H/s, KH/s, MH/s, etc.).
- Power Consumption: Your mining rig consumes a significant amount of electricity, measured in Watts. This is a primary operational cost.
- Electricity Cost: The price you pay for electricity, usually measured in dollars per kilowatt-hour ($/kWh), directly impacts your profit margin.
- Network Hashrate & Block Time: The total combined hashrate of all miners on the Bytom network. As more miners join, the network hashrate increases, making it harder for any single miner to find a block. The block time is the average time it takes to find a new block on the network.
- Block Reward: The number of new BTM coins awarded to the miner (or mining pool) that successfully solves a block. This reward can change over time due to network rules.
- Bytom (BTM) Price: The current market value of BTM. Since your revenue is in BTM, its price in USD or your local currency is crucial for determining real-world profit.
- Pool Fee: Most miners join a mining pool to combine their hashrate and earn more consistent rewards. The pool charges a small percentage fee for this service.
How to Use the Bytom Mining Calculator
To estimate your earnings, simply fill in the fields above. Enter your miner's hashrate and power consumption, your electricity rate, and the current Bytom network statistics. The calculator will then project your potential revenue, costs, and net profit over various time periods.
Example Calculation
Let's say you have an ASIC miner with a hashrate of 70 MH/s that consumes 1350 Watts. Your electricity costs $0.10/kWh, and you use a pool with a 1% fee.
If the Bytom network hashrate is 2.5 PH/s, the block reward is 329 BTM, the block time is 150 seconds, and the BTM price is $0.0015, the calculator would perform the following steps:
- Calculate your share of the network hashrate.
- Determine how many BTM you would earn per day based on your share and the total daily block rewards.
- Subtract the pool fee from your BTM earnings.
- Calculate your daily revenue by multiplying your net BTM earnings by the current BTM price.
- Calculate your daily electricity cost based on power consumption and price per kWh.
- Subtract your daily cost from your daily revenue to find your net profit.
This process provides a clear picture of your potential daily, weekly, monthly, and yearly profitability, helping you make informed decisions about your mining operation.
function calculateBtmProfit() {
var hashrate = parseFloat(document.getElementById('hashrate').value);
var hashrateUnit = parseFloat(document.getElementById('hashrateUnit').value);
var powerConsumption = parseFloat(document.getElementById('powerConsumption').value);
var electricityCost = parseFloat(document.getElementById('electricityCost').value);
var poolFee = parseFloat(document.getElementById('poolFee').value);
var btmPrice = parseFloat(document.getElementById('btmPrice').value);
var blockReward = parseFloat(document.getElementById('blockReward').value);
var networkHashrate = parseFloat(document.getElementById('networkHashrate').value);
var networkHashrateUnit = parseFloat(document.getElementById('networkHashrateUnit').value);
var blockTime = parseFloat(document.getElementById('blockTime').value);
var resultDiv = document.getElementById('result');
if (isNaN(hashrate) || isNaN(powerConsumption) || isNaN(electricityCost) || isNaN(poolFee) || isNaN(btmPrice) || isNaN(blockReward) || isNaN(networkHashrate) || isNaN(blockTime) || hashrate <= 0 || networkHashrate <= 0 || blockTime = 0 ? 'profit' : 'loss';
var resultHTML = '
Your Estimated Mining Results
' +
'
' +
'
Daily Profit$' + dailyProfit.toFixed(2) + '
' +
'
Weekly Profit$' + weeklyProfit.toFixed(2) + '
' +
'
Monthly Profit$' + monthlyProfit.toFixed(2) + '
' +
'
Yearly Profit$' + yearlyProfit.toFixed(2) + '
' +
'
' +
'
' +
'
Daily BTM' + netBtmPerDay.toFixed(4) + '
' +
'
Daily Revenue$' + dailyRevenue.toFixed(2) + '
' +
'
Daily Cost$' + dailyCost.toFixed(2) + '
' +
'
';
resultDiv.innerHTML = resultHTML;
}