Title: Explanation of Whattomine.com Post by: Nooblife on October 04, 2017, 05:14:55 PM I hope this thread can explain all the columns in Whattomine.com's website.
Block Time ?? Block Reward Total payout of coin paid for each completed block Last Block Number of the last block completed. This should keep going up. Difficulty Restrictions placed on algorithm due to current hashing power?? NetHash Total network Hashing on this coin currently. This will fluctuate. % ?? Reduction in network Hash ?? Is this a 24hr period? Est. Rewards Gross units of coin mined per day Est. Rewards 24h NET units of coin (minus your electrical costs) Exchange Rate Market Cap Volume Rev. BTC Gross units of equivalent BTC mined per day (some places only pay out BTC) Rev. 24h NET units of equivalent BTC mined per day (minus your electrical costs) Rev. $ Equivalent $ of gross mining (based on coin price currently) Profit Equivalent $ of netmining (based on coin price currently) Profitability Current | 24h ?? 3 days | 7 days ?? Feel free to correct or fill this in. I am unsure of how these factors should influence your coin selection of mining. Thanks Title: Re: Explanation of Whattomine.com Post by: Commie on October 04, 2017, 05:27:53 PM Actually none of it should affect your mining decisions. See, WTM gives you information that is right at the time you look at it, ie if any coin is being pumped RIGHT NOW WTM will tell you to mine that one. But accumulating an X amount in your wallet takes time and when you done with that previous income prognosis might have nothing to do with reality as exchange rates have already changed.
Title: Re: Explanation of Whattomine.com Post by: BitBustah on October 04, 2017, 05:58:53 PM Also, not every algo is listed there..
Title: Re: Explanation of Whattomine.com Post by: jmigdlc99 on October 04, 2017, 06:06:49 PM Although what the previous poster, Commie, said is partially correct, you can still always use whattomine as a general benchmark of the profitability of your current coin as compared to a variety of others. That being said, you should make sure you factor in all variables to your comparison. If you are dual mining ETH+DCR/SIA for example, you should use the specific page for dual mining (this can be found on the top menu as well).
To directly answer your question, refer to the following: Block Time: Average length of time needed to mine a block (and payout a reward) for your specific coin Profitability-Current: Refers to the specific coin's current profitability as compared to mining ETH. ETH will always be 100% Profitability-24H: Refers to the specific coin's average profitability as compared to mining ETH over 24 hours Profitability-3 days: Refers to the specific coin's average profitability as compared to mining ETH over 3 days Profitability-7 days: Refers to the specific coin's average profitability as compared to mining ETH over 7 days With ETH mining at the heart of the comparisons, you should be somehow able to determine if you should mine anything other than ETH. Title: Re: Explanation of Whattomine.com Post by: Nooblife on December 13, 2017, 03:40:45 PM What I really want to understand is the variation between the following columns:
Est. Rewards Est. Rewards 24h I tried putting electricity to zero (free) and these numbers didn't fluctuate. Some times one is higher than the other. It really doesn't make sense. Thanks Title: Re: Explanation of Whattomine.com Post by: Vann on December 13, 2017, 03:47:50 PM Estimated Rewards is how many coins per day you can expect at the current difficulty, if it were to stay the same (it won't). It's based on the hash rate you put in and your power costs don't affect it.
Estimated Rewards 24h. is the average number of coins per day you can expect based on the average difficulty over the past 24 hours. Title: Re: Explanation of Whattomine.com Post by: Nooblife on December 15, 2017, 02:06:40 PM Estimated Rewards is how many coins per day you can expect at the current difficulty, if it were to stay the same (it won't). It's based on the hash rate you put in and your power costs don't affect it. Estimated Rewards 24h. is the average number of coins per day you can expect based on the average difficulty over the past 24 hours. Thank you very much for that clarification. I understand the site is only an estimate. It would be nice if they could add a summary page or a "Q" near the column headings to get definition. Maybe a future revision. Cheers! |