Mining Electricity Cost Calculator

Work out what the electricity for your mining machines costs each day, month and year, with cooling, electricity duty and fixed charges, and what it comes to for each coin you mine.

Your machines

Optional: fans, AC and losses.

Your tariff

Per unit, from your bill.

Optional: on the energy charge.

Optional: the connection or demand charge on your bill.

What you mine (optional)

All machines together.

Shows the share of revenue.

Your electricity cost

Enter the power of your machines and your electricity rate, then choose Calculate. Your figures appear here.

Energy a Day

0 kWh

The load and the units used

Cost a Day

₹0.00

Including duty and fixed charges

Effective Rate

₹0.00

Per kWh, all charges in

Cost a Year

₹0.00

At today’s rate

Electricity per Coin

Not set

Enter the coins mined a day

Electricity a Month

₹0.00

Your monthly bill for mining

Assumes the machines run at their rated power for the hours entered, and that duty is charged on the energy charge. Slab tariffs, time-of-day rates and taxes vary by state, so check your bill. To set this against what you mine and the tax on it, use the Crypto Mining Profit Calculator.

How it is calculated

Electricity is billed by the unit, one kWh, which is 1,000 watts for one hour. Cooling, fans and power-supply losses add to what the machines draw, and duty and fixed charges add to the rate on the bill.

  • Load = power per machine × machines × (1 + cooling and other load) ÷ 1,000, in kW
  • Energy a day = load × hours a day, in kWh
  • Energy charge = kWh × rate per kWh × (1 + electricity duty)
  • Cost a month = energy charge for 30.42 days + fixed charge a month
  • Effective rate = cost a month ÷ kWh a month
  • Cost per coin = cost a day ÷ coins mined a day
  • Share of revenue = cost a day ÷ (coins mined a day × coin price)

Frequently asked questions

Short answers on paying for the power that mining uses.

What it costs to run mining machines. Take two machines of 3,500 W running all day, 10% more for cooling, electricity at ₹7 per kWh, 5% electricity duty and a ₹1,000 fixed charge a month. They draw 7.7 kW and use 184.8 kWh a day, so the bill is about ₹42,314.35 a month, or ₹1,391.16 a day, an effective ₹7.53 per kWh. If they mine 0.0001764 BTC a day between them, each Bitcoin costs about ₹78,86,376 in electricity.

A machine’s rated power is only what it draws itself. Fans, air conditioning and power-supply losses come on top, often 5% to 15% in a well-ventilated room and much more with air conditioning in a hot climate. Enter that as cooling and other load. In the example, 10% adds ₹3,755.85 a month.

Most states add electricity duty, a tax charged as a percentage of the energy charge, and many bills include a fixed or demand charge each month for the connection, whatever you use. Both appear on your bill. Together they raise the rate you really pay: in the example, ₹7 per kWh becomes an effective ₹7.53.

The rate on your bill for the units mining adds. Home tariffs in India rise in slabs, so extra units are charged at the highest slab you reach, not the average. Commercial and industrial connections usually have a flat energy rate but higher fixed charges. The table shows the monthly cost at other rates, which helps when comparing a tariff or a hosting offer.

Your electricity for a day divided by the coins mined that day. If it is above the coin’s price, mining loses money before tax. In the example each Bitcoin costs about ₹78,86,376 in electricity, against a price of ₹90,00,000, so electricity takes 87.63% of the revenue. India taxes the full value of mined coins when sold, with no deduction for electricity, so the margin is thinner than it looks.

Your pool’s dashboard shows what you earn, or the Crypto Mining Profit Calculator works it out from your hashrate for Litecoin, Dogecoin, Monero and other coins. For Bitcoin, the Bitcoin Mining Calculator does the same and adds the tax.

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