Last updated: April 2026
UK home mining warning
UK domestic electricity rates make home Bitcoin mining unprofitable for most setups. Mining also creates heat, noise, hardware failure risk, tax records, and exposure to fast-changing network difficulty.
Profitability headline
This estimate uses current inputs only. Mining profitability changes with coin price, network difficulty, fees, and electricity tariffs.
UK electricity rates around 24.5p/kWh make home Bitcoin mining unprofitable for most setups. Break-even electricity rate for this setup is 9.09p/kWh. Industrial miners in low-cost electricity regions have a significant advantage.
At UK domestic electricity rates around 24.5p per kWh, home Bitcoin mining is typically unprofitable because electricity costs can exceed mining revenue for consumer hardware. Professional miners operate in regions with much lower electricity costs. Alternative coins can be more competitive, but profitability changes with coin prices and network difficulty.
Mining difficulty adjusts to maintain a consistent block time. As more miners join, difficulty increases and each miner earns a smaller share of rewards. When miners leave, difficulty decreases. If the network grows while your hashrate stays the same, your share of rewards falls.
This calculator is designed to help you understand the likely number before you make a decision or start an application.
Your result should be checked against official UK guidance, especially if your circumstances include dependants, exemptions, prior leave, or a complex immigration history.
Treat the figure as a planning tool rather than legal advice. Where the answer affects an application deadline or major payment, speak to an authorised adviser.
finance calculators
Calculate monthly repayments, total interest and true cost of a business loan
Calculate →finance calculators
Calculate the true annual percentage rate on a loan including interest, arrangement fees, insurance and mandatory charges
Calculate →finance calculators
Calculate your exact take-home pay after income tax, National Insurance, student loan and pension deductions
Calculate →