The mining payback period can be calculated by calculating the mining machine price, mining machine income, electricity cost, etc. to calculate a static theoretical payback period. The actual payback period will be prolonged due to increased difficulty, reduced block rewards, and increased electricity bills.
1.Calculate static mining machine cost (electricity fee, custody fee, etc.)
If the wall Max consumption of the mining machine is 800W, the electricity fee is 0.05 USD cents/kWh, and the custody fee is 1 USD cent /day, the daily static mining cost is:
800W/1000*0.05*24+1=1.96 USD /day
Calculation formula: Divide Max power consumption (watts) by 1000, convert it into kilowatts, multiply by 24 hours, that is, how many kilowatt-hours of electricity is used per day, multiply by 0.05 USD/kWh of electricity, plus custody fee
2.Calculate the payback period
Mining machine price/(mining daily income-mining daily cost)