Methodology
Every number on this site comes from a handful of inputs and simple formulas. They are listed here so you can check them against the official GoMining site and your own judgment.
Model inputs
The live BTC/USD rate (via CoinGecko) only values BTC already accrued. The inputs are set by hand and may lag the platform. Verify current figures on the official GoMining page.
Formulas
- Units
allocation ÷ miner price
$10,000 ÷ $500 = 20.00
- Gross daily
units × daily reward
$21.88 or 0.000255 BTC
- Net daily
allocation × net annual yield ÷ 365
$16.13
- Implied maintenance
gross daily − net daily
$5.75, 26.29% of gross
- Accrued so far
gross daily BTC × time since the start date
shown in sats on the homepage ledger
- Break-even
allocation ÷ net daily
621 days
What the model does not capture
- Network difficulty growth, which reduces BTC rewards over time. The calculator lets you test this.
- Changes in the BTC price over the holding period, and their effect on a USD-denominated maintenance cost.
- Changes in platform fees, discounts or bonuses, and any tax on rewards.
- The resale value of the miner, which can rise or fall independently of rewards.
- Withdrawal, conversion or network fees.
Modeled, not measured
The accrued figure on the homepage is the model's gross daily output multiplied by elapsed time. It is a projection from the inputs above, not a statement from a wallet, and it will differ from any real account's history.
This site is an affiliate site and an experiment log, not financial advice. See the FAQ for risks and disclosure.