FREN

Home mining: household electricity prices by country →

What a Bitcoin miner really earns

Worked out from the actual bitcoin price, the actual network difficulty and the real electricity fees charged on the platform — not the round numbers you see on affiliate sites.

loading network data…

The simulator

Net margin, electricity deducted
—
per day, per miner

    What the referrer makes on your purchase (full transparency)

    That 5% comes out of GoMining's margin, not out of your pocket: your purchase price is the same with or without a code. The only thing the code does to you is what you get out of it — right below.

    What the code gets you

    The power bonus is capped at 25 TH and runs until 30 days after you sign up. The VIP month can be activated within 30 days of signing up.

    My referral code

    aaMhp
    GoMining referral QR code — code aaMhp Open GoMining with the code pre-filled

    The link can fail: ad blockers, private browsing or campaign cookies can break the tracking. Typing the code in by hand always works.

    The code only counts if you meet these 3 conditions

    And above all: the code has to go in BEFORE your first purchase. After that it's gone — there is no way to attach a referrer retroactively.

    How to enter the code (the method that works every time)

    1. Create your GoMining account (use the link while you're at it — it can't hurt).
    2. Go to your profile → Referral Program → "Enter referral code" and enter aaMhp. This is the step that actually matters: it creates the binding link.
    3. Then check that the referral is active before your first purchase. If you can't verify it, send me a message and we'll look at it together.

    The code can also go in as a promo code at the time of your first purchase. But the profile page remains the most reliable route.

    The stuff affiliate sites don't tell you

    Difficulty keeps climbing. The mining network grows non-stop: at the same hashrate your slice of the pie shrinks mechanically. The simulator above is a snapshot of right now, not a 3-year promise.

    The halving cuts the reward in half every 4 years (next episode: the block reward gets divided again).

    Electricity fees aren't fixed: GoMining charges 0.05 to 0.07 $/kWh depending on the period, and better W/TH costs more.

    BTC can fall. Your revenue is in BTC, your costs are in dollars. If the price drops, your margin shrinks before your revenue does.

    A GoMining miner is not a savings account: it's a volatile, unguaranteed productive asset that may never pay off if the BTC price or the difficulty turns against you.
    How this simulator calculates (and why it's different)

    Gross revenue = (miner hashrate ÷ total network hashrate) × (144 blocks/day × 3.125 BTC) × BTC price. Fees = hashrate × W/TH × 24 ÷ 1000 × kWh price. All network data is pulled live: difficulty and hashrate from mempool.space, BTC price from Binance. Nothing is hard-coded to "look nice" — if the APIs go down, fallback values are shown with the date they were captured.

    The calculation ignores the transaction-fee share of blocks (marginal) and assumes 144 blocks/day. Always double-check with the platform's official calculator before buying.