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1 Select Cryptocurrency: Most calculators will allow you to select which cryptocurrency you're planning to mine. Common choices include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others.
2 Hash Rate: Enter the hash rate of your mining hardware. This is typically measured in mega, giga, or tera hashes per second (MH/s, GH/s, TH/s) and represents the number of calculations your hardware can perform in a second. 3 Power Usage: Enter the power usage of your mining hardware in watts. This is used to calculate the electricity cost. 4 Electricity Rate: Input the cost you pay for electricity, usually per kWh. This is vital for calculating the running cost of your mining operation. 5 Pool Fees (if any): If you're mining in a pool, they might charge a fee for their services. Input this fee as a percentage. Read more: https://techmajin.com/crypto-mining-profit-calculator/ |
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