Aside from mining Bitcoin, you will also need to use a Bitcoin calculator to calculate how much profit you could potentially acquire based on your current setup. Bitcoin calculators are important mainly because they calculate your projected profit based on certain conditions. The tricky part, however, is that Bitcoin mining always involves changing conditions, and thus requires constant up-to-date information not only from the Bitcoin network, but also your setup.
The good news though is that Bitcoin calculators are relatively simple devices. They are designed primarily to take your expected earnings in both Bitcoins and dollars over a certain amount of time (days, weeks and months), based on your hash rate and the hardware that you’re using. You can then use this information to plot out your projected earnings over the course of a week or a month.
