Plan your miner's electricity costs
Turn power draw and an electricity rate into a daily and monthly estimate, then understand the assumptions and costs the calculation leaves out.
· ASIC Mart editorial
Electricity estimates start with three inputs: the power drawn by each machine, the price per kilowatt-hour, and the number of machines.
Convert watts into kilowatts
Divide watts by 1,000. A device drawing 1,000 watts uses one kilowatt. If it operates at that power for one hour, it consumes one kilowatt-hour of energy.
Choose your operating hours
Multiply kilowatts by operating hours, electricity rate and machine count. The marketplace calculator assumes 24 hours per day and a 30-day month. Actual usage will differ with uptime, operating mode and measured power consumption.
Understand the rate category
A prepaid hosting rate can require a long advance commitment. It should not be interpreted as a monthly pay-as-you-go price. Compare the provider’s terms, billing structure and additional charges alongside the displayed energy rate.
Keep the estimate in context
The calculator covers electricity only. It excludes hardware purchases, taxes, shipping, setup fees, maintenance and other hosting charges. It also makes no estimate of mining revenue. Use actual equipment specifications and the written terms offered by your provider when planning a setup.