|
Title: [ANN] Mining calculation per difficulty adjustment Post by: joele on June 23, 2013, 05:20:29 AM Created the Mining profit calculation per difficulty adjustment projection.
If you are investing to a Mining Bond or mining with your hardware, this is to know how much is the expected return of your investment when difficulty increases. http://btc.re/?t=miningcalc Title: Re: [ANN] Mining calculation per difficulty adjustment Post by: MykelSilver on June 23, 2013, 06:16:01 AM Thanks for sharing
Title: Re: [ANN] Mining calculation per difficulty adjustment Post by: joele on June 23, 2013, 06:45:50 AM Just added
Enter the BTC price per MHash, and display how long it will return the investment. Title: Re: [ANN] Mining calculation per difficulty adjustment Post by: Rannasha on June 23, 2013, 07:07:57 AM The 'Estimated Date' for a new difficulty adjustment is wrong.
If the hashrate is such that a 10% difficulty increase is warranted, then the previous period was 1 / 1.1 times too short. So if you assume a 10% increase each cycle, then the length of each cycle is only 12.7272 days, not 14. This property results in a nice expression for the lifetime yield of a mining bond / equipment: 14 * D / X (D = daily dividend/payout, X = fractional difficulty adjustment (so X = 0.1 for 10%) Title: Re: [ANN] Mining calculation per difficulty adjustment Post by: joele on June 23, 2013, 07:37:55 AM The 'Estimated Date' for a new difficulty adjustment is wrong. Thanks for pointing this, I already updated the code. :)If the hashrate is such that a 10% difficulty increase is warranted, then the previous period was 1 / 1.1 times too short. So if you assume a 10% increase each cycle, then the length of each cycle is only 12.7272 days, not 14. This property results in a nice expression for the lifetime yield of a mining bond / equipment: 14 * D / X (D = daily dividend/payout, X = fractional difficulty adjustment (so X = 0.1 for 10%) Title: Re: [ANN] Mining calculation per difficulty adjustment Post by: svetliopi44 on June 23, 2013, 07:42:35 AM Why 10% anticipate difficulty? My observation is 20% difficulty. What is wrong?
Title: Re: [ANN] Mining calculation per difficulty adjustment Post by: Rannasha on June 23, 2013, 07:45:58 AM Why 10% anticipate difficulty? My observation is 20% difficulty. What is wrong? You can fill in whatever difficulty adjustment you expect on the website, 10% was just an example. Title: Re: [ANN] Mining calculation per difficulty adjustment Post by: joele on June 23, 2013, 07:47:22 AM Why 10% anticipate difficulty? My observation is 20% difficulty. What is wrong? Nothing is wrong, It's just my default valueTitle: Re: [ANN] Mining calculation per difficulty adjustment Post by: svetliopi44 on June 23, 2013, 07:57:46 AM In 20% increasing difficulty even machine with 90,000 MHash / s will be useless after five months .... wow. I wanted to make a machine with 320 AVALON chip, but apparently no sense.
Sorry for bad English Title: Re: [ANN] Mining calculation per difficulty adjustment Post by: joele on June 23, 2013, 02:34:07 PM In 20% increasing difficulty even machine with 90,000 MHash / s will be useless after five months .... wow. I wanted to make a machine with 320 AVALON chip, but apparently no sense. Mining is no longer profitable unless you manufacture your own mining asic hardware.Sorry for bad English |