Bytom (BTM) Mining Profitability Calculator
Estimated Mining Profitability
'; resultHTML += '| Metric | '; resultHTML += 'Daily | '; resultHTML += 'Monthly | '; resultHTML += 'Yearly | '; resultHTML += '
|---|---|---|---|
| BTM Earned (Net) | ' + netBtmPerDay.toFixed(4) + ' | ' + netBtmPerMonth.toFixed(4) + ' | ' + netBtmPerYear.toFixed(4) + ' |
| Revenue | $' + dailyRevenueUSD.toFixed(2) + ' | $' + (dailyRevenueUSD * 30).toFixed(2) + ' | $' + (dailyRevenueUSD * 365).toFixed(2) + ' |
| Electricity Cost | $' + dailyElectricityCostUSD.toFixed(2) + ' | $' + (dailyElectricityCostUSD * 30).toFixed(2) + ' | $' + (dailyElectricityCostUSD * 365).toFixed(2) + ' |
| Profit | $' + dailyProfitUSD.toFixed(2) + ' | $' + monthlyProfitUSD.toFixed(2) + ' | $' + yearlyProfitUSD.toFixed(2) + ' |
What is a Bytom Mining Calculator?
A Bytom (BTM) Mining Calculator is a tool designed to help you estimate the potential profitability of mining Bytom. By inputting your specific hardware's performance (hash rate), power consumption, and current market conditions, the calculator provides an approximation of your expected earnings and costs over different time periods.
Important Note: The Bytom mainnet has transitioned from a Proof-of-Work (PoW) consensus mechanism to a Proof-of-Stake (PoS) model. This means traditional mining is no longer performed on the main Bytom blockchain. This calculator is intended for educational purposes, for analyzing historical mining profitability, or for use with any potential forks of Bytom that may still utilize the original Tensority PoW algorithm.
How to Use the Bytom Calculator
To get an accurate estimate, you need to provide the following information:
- Your Hash Rate (MH/s): This is the speed at which your mining hardware (like a GPU rig) can solve calculations for the Tensority algorithm, measured in Megahashes per second.
- Power Consumption (Watts): The total amount of electricity your mining rig uses, measured in Watts. You can use a watt meter for an accurate reading.
- Electricity Cost ($/kWh): The price you pay for electricity, found on your utility bill. This is a critical factor in determining profitability.
- Mining Pool Fee (%): The percentage of your mining rewards that the mining pool takes as a fee for their service. This is typically between 0.5% and 2%.
- Bytom Price ($): The current market price of a single Bytom (BTM) coin in USD.
- BTM per 1 MH/s per Day: This is an estimated value representing how many BTM coins are earned daily for every 1 MH/s of hash power on the network. You can find this data on historical charts or mining profitability websites like WhatToMine.
Example Calculation
Let's imagine you have a GPU mining rig with the following parameters:
- Hash Rate: 500 MH/s
- Power Consumption: 800 Watts
- Electricity Cost: $0.12 per kWh
- Pool Fee: 1%
- Bytom Price: $0.015
- BTM per 1 MH/s per Day: 0.2 BTM
Based on these inputs, the calculator would first determine your daily electricity cost, which is $2.30 (0.8 kW * 24 hours * $0.12/kWh). Then, it calculates your gross daily BTM earnings (500 MH/s * 0.2 BTM = 100 BTM), subtracts the 1% pool fee, leaving you with 99 BTM. This translates to a daily revenue of $1.49 (99 BTM * $0.015). Finally, it subtracts the electricity cost from the revenue, resulting in a daily net loss of -$0.81. This demonstrates how crucial electricity costs and coin price are to mining profitability.
Understanding Bytom and the Tensority Algorithm
Bytom was created with the vision of bridging the gap between the digital "byte" world and the physical "atomic" world. It aimed to be a protocol for registering and exchanging both digital and physical assets. A key feature of its original design was the Tensority mining algorithm. Tensority was a Proof-of-Work algorithm specifically designed to be "ASIC-friendly" in a unique way, leveraging the tensor processing cores found in AI-focused hardware, while still being mineable by GPUs. The goal was to create a more decentralized and fair mining ecosystem compared to algorithms dominated by a few large ASIC manufacturers. However, as the project evolved, the developers decided to move to a more energy-efficient and scalable Proof-of-Stake consensus, which is the current state of the mainnet.