How do miners profit?

Author: LongHash Ethan Vera Bitcoin mining economics is formed by countless specialized computing machines competing with each other to secure the network, from which an input triangle can be distilled: revenue, operating costs, and capital expenditures. Using metrics such as Internal Rate of Return (IRR), Net Present Value (NPV), Return on Investment (ROI), and payback period, we can use these three data points to derive insights into miners' profitability.