WhatToMine Calculator

WhattoMine Review

Upon accessing the WhatToMine website, users may initially find the layout somewhat perplexing, with several blank lines and fixed dollar amounts. However, this shouldn't be a concern, as there are familiar features available to explore.

At the top of the page, users will find exchange rates for various cryptocurrencies, including Bitcoin, Litecoin, Dash, Monero, Ethereum, Ethereum Classic, and Zcash, among others. Additionally, below the WhatToMine logo and to the right of the screen, a menu bar is available, with the first three sections focused on calculating the profitability of traditional mining and the last three dedicated to dual mining.

By examining the columns present on the website, users can quickly identify various mining algorithms. The most noticeable ones include Ethash and Equihash, which are used for mining currencies on the 2Miners website. The 2Miners team welcomes you and your friends to their website to learn more about these algorithms and other useful mining information.

How Mining Profit Calculators Work?

When using the Mining Profit Calculators on WhatToMine, users are advised to select the appropriate algorithm and enter the GPU hash rate and power consumption values. Optional information such as relevant exchanges can also be added. By clicking the ‘Calculate’ button, the website will provide a calculated result, with a list of the currencies and estimated rewards presented below.

Users also have the option to enter the number of GPUs of a particular model, with the website automatically recalculating the hashrate and power consumption based on the number of GPUs. After clicking on ‘Calculate’, users will be presented with the coins that their rig can mine, with the profitability of six Nvidia GTX 1070 GPUs shown in this particular case.

The ASIC tab works similarly, but with different algorithms. For instance, the SHA-256 algorithm can be calculated by entering the AntMiner S9 values of 14 TH/s and 1340W, which will then provide a list of coins that can be mined.

In the Coins section, users can choose a particular currency, such as Sia, and enter the miner values of 815 GH/s and 1275W to obtain a detailed table with estimated rewards per hour, day, week, month, and year. This table shows estimated rewards in Sia, BTC, and USD, with the last column indicating net profit based on the reward minus power costs and mining pool fees.

It is important to note that these resulting numbers are only rough estimates, as network difficulty and currency exchange rates are constantly changing. Furthermore, estimated rewards may differ from reality due to the element of luck involved. The other website tabs work in the same way, with dual mining requiring twice as many values to be entered.

Before using the website, users are reminded to ensure that all values are correct and to keep track of electricity rates. Basic information for value conversion can be found below.

The WhatToMine website provides users with an efficient tool comprised of calculators that reveal the most profitable coins to mine. As cryptocurrency mining profitability varies constantly, this tool can assist in making informed decisions by calculating hash power and electricity costs, and comparing them to the value of a multitude of minable currencies.

WhatToMine offers several features such as access to various exchanges including Binance, Bitfinex, Bittrex, CryptoBridge, Cryptopia, HitBTC, Poloniex, and YoBit, which display the exact coin price and where you can sell it. Additionally, users can choose from GPU mining and ASIC rigs and explore profitability over different time intervals, with the option to filter results based on volume and difficulty.

WhatToMine provides its users with a useful hash rate conversion tool to assist in calculating the hash power of their mining rigs. The tool includes conversions from megahashes per second (MH/s) to kilohashes per second (kH/s), gigahashes per second (GH/s) to megahashes per second (MH/s), and terahashes per second (TH/s) to gigahashes per second (GH/s).

The conversion rates are as follows: 1 MH/s is equal to 1000 kH/s, 1 GH/s is equal to 1000 MH/s, and 1 TH/s is equal to 1000 GH/s. These conversions can be useful when comparing the mining power of different rigs or when deciding to upgrade your mining setup.