Profit calculator

What is a HashFlare Profit Calculator?

Cloud mining allows you to make money from earning cryptocurrencies and it is you who controls both your investments and payouts. However, keeping track of everything could be not that easy without a HashFlare mining profit calculator.

How much money can you possibly earn? A HashFlare mining calculator is the best means to get you in the know of your potential income!

Cloud mining allows you to make money from earning cryptocurrencies and it is you who controls both your investments and payouts. However, keeping track of everything could be not that easy without a HashFlare mining profit calculator.

How much money can you possibly earn? A HashFlare mining calculator is the best means to get you in the know of your potential income!

Main information

When it comes to simplicity of using a cloud mining calculator, HashFlare is just the ticket. The user needs to fill up the desirable hashrate (SHA-256, Ethash, Scrypt, ZEC, and/or X11) and our HashFlare compounding calculator will count the estimated payout. The operation is conducted in accordance with the current mining setup and block reward. After the software subtracts the maintenance fees (including the electricity bill) from the payout to display the netto profit per 24hr, week, or other chosen time periods.

The HashFlare profitability calculator provides you with the selection of exchange rates, such as LTC/USD, BTC/USD, ZEC/USD, ETH/USD, and DASH/USD according to your request. In addition, the ROI (which stands for ‘return of investment’ – days that it takes your initial hashrate investment to return in the form of profits) is calculated (the form fields below are designed to display your ROI).

With our Hashflare promo code and calculator, profit is shown in line with the exchange rates, block rewards and difficulty that are constantly updated.

How to use the HashFlare fee calculator?

Taking into account what numbers usually go in a cloud mining calculator, HashFlare processes the hashrate to count up the size your daily payouts which then add up to make the total sum of your income. The algorithm behind using the hashrate to obtain the total amount is based on the parameters below:

  1. Litecoin  – for Scrypt
  2. Bitcoin – for SHA-256
  3. Zcash – for EQUIHASH
  4. Ethereum – for ETHASH
  5. DASH  – for X11

As the next step, deduct the amount spent on maintenance and electricity (for instance, this could be 0.005 USD per 1 MH/s of Scrypt and 0.0035 USD per 10 GH/s of SHA-256 that are eliminated from the income). EQUIHASH, ETHASH, and X11 contracts require no amendments for such fees. 

The final sum that you get after all the calculations will be your estimated profit. 

 

How to estimate your Hashflare profit?

Are you full of excitement to know how much can you potentially earn with Hashflare? Let’s see if it looks good. The Hashflare profit that you project, can be viewed in the table below. The examples go as follows.

Bitcoin mining
Contract SHA-256
Term 1 year
Minimal price ($) 1.50 per 10 GH/s
Deposit amount ($) 1.000
Expected profit ($) 5602.06 – 7158.19 which equals 0.30 – 0.38 BTC
Litecoin mining
Contract Scrypt
Term 1 year
Minimal price ($) 7.50 per 1 MH/s
Deposit amount ($) 1.000
Expected profit ($) 2038.42 – 2604.64 which equals 0.11 – 0.14 BTC
Ethereum mining
Contract ETHASH
Term 1 year
Minimal price ($) 2.20 per 100 KH/s
Deposit amount ($) 1.000
Expected profit ($) 1575.25 – 2012.82 which equals 0.08 – 0.11 BTC
DASH mining
Contract X11
Term 1 year
Minimal price ($) 3.20 per 1 MH/s
Deposit amount ($) 1.000
Expected profit ($) 233.93 – 298.91 which equals 0.01 – 0.02 BTC

Why is it important to have the right figures?

Because this is the only way to control the mining process and make it profitable.

For every miner, computing the ability to accumulate profits with the use of their own hardware is so essential that it becomes routine. Online profitability calculators for cryptocurrency mining are a good way not to waste too much time on this. However, precision here is priceless so make sure that the correct difficulty and exchange rate are typed in.

Why to choose this calculator?

As you surely are well aware, there exist a lot of calculators on the internet that do pretty much the same thing.

What makes this HashFlare profit calculator better than the others? The biggest difference is that we managed to code a piece of software that allows you to measure compounded reinvestments.

Moreover, while using our HashFlare fee calculator you may notice that it is way more precise than many of those available online. This happens because most of those tools automatically assume that your mining setup does not change with time. Apart from that lots of them process the Bitcoin to USD rate as if it always remains the same, and maintenance fee, too, is rarely subtracted.

This provides a rather good explanation why your attempt to check the outcome of your annual HashFlare contract often falls short of true figures. The returns estimated may go way over the top or, alternatively, be too unrealistic to consider them seriously.