I just did an in-depth study of the logic behind Bitcoin mining and found that many people still have misconceptions about this concept. Actually, understanding Bitcoin mining key lies in understanding how the entire blockchain operates.

First, a piece of data: Bitcoin miners can generate over 50 million euros in revenue every day. Sounds tempting, right? But the reality is much more complex.

Bitcoin mining is essentially a verification process. Miners use computers to solve complex mathematical problems to confirm transactions and add new blocks to the blockchain. Without mining, there would be no Bitcoin network, no transaction security. This is the core of the PoW consensus mechanism—unlike Solana or Ethereum which use PoS, Bitcoin relies on this proof of work.

Let me explain with a simple example how much bitcoin mining can earn per day. Suppose Lena wants to transfer 1 Bitcoin to Paul. Once this transaction enters the network, miners start competing. Whoever can solve the math problem fastest gets to package the block and earn the reward. This problem is the SHA-256 hash function—appears simple but actually requires a lot of computation to crack.

Here’s a key concept called hash rate. In 2016, the Bitcoin network’s hash rate was less than 2 EH/s, but by January 2025, it had skyrocketed to over 800 EH/s. This means more and more miners are joining, and competition is becoming fiercer.

Regarding the specific earnings of bitcoin mining per day, I looked into the actual situation. Taking Germany as an example, using an Antminer S19 Pro (costs between $2,000 and $5,000), with a daily power consumption of 78 kWh. At 0.28 euros per kWh, the daily electricity cost is about 22 euros. Meanwhile, the daily Bitcoin income is just over 22 euros. Almost no profit, not counting hardware depreciation, cooling, and maintenance costs.

No wonder large mining farms are moving to places with cheap electricity—Kuwait, Venezuela, Uzbekistan, even Sudan. Over there, electricity costs only $0.03 per kWh, and the situation is completely different.

Interestingly, the Bitcoin network automatically adjusts mining difficulty. It adjusts every 2016 blocks (about every two weeks), aiming to ensure an average of one block every 10 minutes. The higher the hash rate, the greater the difficulty; if hash rate drops, difficulty decreases. This mechanism is very clever, ensuring system stability.

Speaking of earnings, we also need to consider the halving events. The fourth halving in April 2024 will reduce the block reward from 6.25 BTC to 3.125 BTC. This event occurs roughly every four years until 2140, when all 21 million Bitcoins are mined. The purpose of halving is to prevent inflation and keep Bitcoin scarce.

Now, the answer to the question of how much bitcoin mining per day can earn depends on many variables. Miner scale, electricity costs, Bitcoin price, network difficulty—any change affects earnings. For individuals, joining a mining pool is a more realistic choice. Large pools like F2Pool or Slush Pool aggregate computing power, increase the chances of winning, and distribute rewards based on contribution. They usually charge about 2.5% fee, but provide more stable income.

Cloud mining seems very convenient—rent computing power instead. But this field is full of scams, and after deducting maintenance and electricity fees, profits are minimal. Unless you really understand this industry, I don’t recommend getting involved.

From an environmental perspective, Bitcoin mining consumes 100-120 TWh of electricity annually, with some estimates reaching 150-170 TWh. That’s indeed a problem, but it’s also worth noting that about one-third to 40% of mining electricity now comes from renewable sources. Many mining farms use solar and wind energy, which is also a regulatory requirement.

Overall, the answer to how much bitcoin mining per day can earn depends on your cost structure. Large institutions in countries with cheap electricity might make good money, but in regions like Germany with high electricity prices, individual miners have little chance. This industry has evolved from a hobby into industrial-scale competition.