Coinovo · Network

The numbers mining hangs on

Live from the Bitcoin network. Hashprice says what one terahash earns per day and is the figure every operator checks daily.

Hashprice

–

earned per TH/s per day, before power

Network hashrate

–

the computing power of every miner combined

Difficulty

–

reset every 2,016 blocks

Next adjustment

–

estimated from block pace

Next halving

–

block reward drops to {v} BTC

Block height

–

confirmed blocks

Block reward

–

per block found

Bitcoin price

–

Network hashrate ·

What hashprice means

Hashprice is what one terahash of computing power earns per day before anything is deducted. It falls when difficulty rises and it rises when the price rises. For a machine the sum is simple: hashrate times hashprice gives the daily earnings, and the power bill comes off that. Which is why it is the one number that values every machine at once.

Why difficulty moves everything

Every 2,016 blocks, so roughly every two weeks, the network resets difficulty so that a block again takes ten minutes on average. If more computing power joins, difficulty rises and every individual machine gets less, without anything about it having changed. That is exactly what turns any multi-year payback calculation into an estimate.

What that means for a particular machine is what the miner comparison works out.

To the miner comparison