Household tariff in Latvia: 0.2452 EUR/kWh, all taxes included (Eurostat, 2025-S2). Reference machine: 100 TH/s at 20 W/TH. BTC price and network difficulty pulled live.
Sources: Eurostat nrg_pc_204 (2025-S2, all taxes) · Binance (BTCEUR) · mempool.space. Recorded 29 September 2026.
Mining has no magic margin: it buys electricity and sells it back as bitcoin. As long as your kWh costs more than what your machine extracts from it, every day widens the gap — and the network does not help. Difficulty keeps climbing, so the same machine produces less BTC every month while drawing exactly the same watts.
A European household tariff is a retail tariff: taxes, transmission, supplier margin. A professional miner pays wholesale electricity, often a fraction of that. That difference — and nothing else — decides whether a machine is profitable. It cannot be negotiated from a domestic socket.
| Country | Household tariff |
|---|---|
| Turkey | 0.0636 EUR/kWh |
| Georgia | 0.0731 EUR/kWh |
| Kosovo | 0.0877 EUR/kWh |
| Bosnia and Herzegovina | 0.0966 EUR/kWh |
| Montenegro | 0.0998 EUR/kWh |
| Austria | 0.3272 EUR/kWh |
| Denmark | 0.3312 EUR/kWh |
| Belgium | 0.3499 EUR/kWh |
| Germany | 0.3869 EUR/kWh |
| Ireland | 0.4042 EUR/kWh |
Source: Eurostat nrg_pc_204, band 2,500–4,999 kWh, all taxes, 2025-S2. Those gaps alone explain where home mining makes sense… and where it makes none.
Two real details in your favour when you open an account with a referral: +5% mining power on your first purchase (capped at 25 TH) and 1 month of VIP Platinum+, a tier that cuts maintenance fees and raises the yield on crypto you deposit. The code does not change your price.
Referral code, to type by hand before any purchase: CALCULMINAGE — conditions and method on the bonus page.
Open an account with the code →The calculator lets you change the hashrate, the machine efficiency (W/TH) and the electricity price, with live network data. It is deliberately pessimistic: no BTC price forecast, no growth assumption. What you see above is exactly what it computes.
Nothing here is investment advice. Mining is an asset, not a guaranteed yield: difficulty rises, the BTC price can fall, hardware wears out. Only commit what you can afford to lose entirely. Some platforms are not available in every country — check before opening an account.