I've created a free tool for all you solo miners out there: check it out at this link.
This calculator pulls live data like difficulty and hashrate from mempool.space and BTC prices from CoinGecko. Just plug in your hashrate and it’ll do the heavy lifting for you.
Here’s what it crunches:
- Probability of finding a block, daily, plus cumulative chances for 1 week, 1 month, and 1 year
- Expected waiting time in simple terms (days, months, years)
- Luck score just enter how long you’ve been mining, and it’ll show if you’re getting lucky, on track, or just not hitting the odds
- Compares solo mining against pool mining with daily and yearly USD estimates, jackpot values, and variance
It comes with some preset options like NerdQAxe++ (4.8 TH/s), NerdOctaxe (9.6 TH/s), Avalon Nano 3S (6 TH/s), Avalon Q (90 TH/s). You can also use custom hashrates in TH/s, GH/s, or PH/s.
No need for logins or emails, and it’s free. Works great on mobile too.
I’d love to hear your thoughts. If you think something is missing like a difficulty adjustment countdown or info on pool fee break-even points, let me know!
Bitcoin Solo Mining Calculator with Live Stats and Odds
5 replies 80 views
Very nice overall. This may become my new fav solo calculator.
Is the network hashrate the 1 week average, 3 day average or closer to a real time hashrate? Also curious where you're getting this data?
I like the mining duration section, to help calculate one's total luck in given duration. Similarly, can you add a field for total shares submitted to produce one's luck? I know as difficulty is adjusted over time the total number of shares during each period should result in different luck, maybe have total shares within X duration (ie 25T shares within 6 months).
Great work overall, thanks for sharing.
I calculated 10 petahashes and a 1 in 3 chance of finding a block per year. Nine Bitmain Antminer S23 Hyd 3U (1.16 Ph) ASICs are roughly 10 petahashes, and my price is 5 cents.
If one ASIC consumes 11 kilowatts per hour, then nine ASICs consume 99 kW per hour, or 2,376 kWh per day, or 866,640 kWh per year. This costs $43,332 and has a 1 in 3 chance of finding a block per year.
You have cheap electric rate
My tariff is just under 5 cents, but I don't have the capacity to consume much electricity.
If I pay 10 cents for electricity, I can mine one block every three years with this equipment. Over three years, I'll spend $260,000 on electricity and earn just over 3 bitcoins. Solo mining is profitable for those with exceptional luck. That's why large miners don't use solo mining. Over the long term, the results will be average and lead to significant losses.
The probability of finding a block in the Bitcoin network depends on two factors: the overall hashrate of the Bitcoin network and your hashrate. Everything else is calculated using formulas. You can easily find these on Google or an AI agent.
I recalculated this luck using the AI agent and the data matched the results of this calculator.
https://soloblocks.io/calculator
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