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Title: Is CryptUnit.com manipulating mining stats? Post by: tf2addict on April 20, 2018, 03:04:18 AM I've noticed that CryptUnit.com's stats are suspiciously incorrect at times, especially reported hash rate. This has the effect of manipulating where a lot of miners put their hash power. Just an observation. Double check all data before making decisions and don't chase short-term stats.
It would better to not report any data than incorrect data. Title: Re: Is CryptUnit.com manipulating mining stats? Post by: Suslived on April 20, 2018, 03:15:23 AM Not sure why this happens or if its related to forks happening to almost every cryptonight coin, but I noticed this too. Last week i hastily shifted to sumocoin mining which according to cryptunint should have earned me $50 a day but when i checked the actual profit mined after 3 hours it was actually less than a dollar. Talk about disappointed.
Title: Re: Is CryptUnit.com manipulating mining stats? Post by: MinedTangerine on April 20, 2018, 05:50:29 AM The site is working fine. The problem is you are using current diffuculty and hasrate which fluctuate wildly, especially on small networks. You need to switch to 24 hour mode, that will give you a much more accurate picture.
Title: Re: Is CryptUnit.com manipulating mining stats? Post by: cryptunit on April 22, 2018, 10:23:09 AM Thank you all for suggestions and criticisms. All your comments are HIGHLY appreciated and taken into consideration!
We hope the 24-hour trading volume, now shown on Cryptunit, will help the miners to decide what to mine. Update April 22: +In addition to each coin, a trading volume is shown. All exchanges are covered, for coins that are not included in Coinmarketcap. You can sort coins by 24h trading volume and by 1h (default), 3h, 24h averages or by live data. +It is possible to display/compare three charts on the dashboard: Avg price, Avg Hashrate, Avg difficulty (7days). Title: Re: Is CryptUnit.com manipulating mining stats? Post by: Bazzaar on April 22, 2018, 12:34:01 PM @OP
nothing suspicious, nothing manipulated just your observations are badly interpreted and your suspicions a bit paranoid. Some of the coins have values right on the extreme end of the reportable range, value BTC= 0.00000001 for instance, thats the smallest it can be displayed, how can a 25% change be represented? it cant, you going to get big differences when multiplying up with large coin values. Market volume in the region of $2-3, for the whole world, one trade for a dollar and the results will be all over the place. Also, is any body buying these coins? The predictions are meaningless if there is no actual trading. Shit coin > shit data > shit results Baz Title: Re: Is CryptUnit.com manipulating mining stats? Post by: MinedTangerine on April 22, 2018, 09:58:11 PM Yea like turtle coin. It show very high profitability until you look at trading volume. Then you go to the exchange and see only seel orders and 0 buy orders lol.
Title: Re: Is CryptUnit.com manipulating mining stats? Post by: Suslived on April 23, 2018, 01:44:35 AM @OP nothing suspicious, nothing manipulated just your observations are badly interpreted and your suspicions a bit paranoid. Some of the coins have values right on the extreme end of the reportable range, value BTC= 0.00000001 for instance, thats the smallest it can be displayed, how can a 25% change be represented? it cant, you going to get big differences when multiplying up with large coin values. Market volume in the region of $2-3, for the whole world, one trade for a dollar and the results will be all over the place. Also, is any body buying these coins? The predictions are meaningless if there is no actual trading. Shit coin > shit data > shit results Baz You got it right. I see now that its not that cryptunit is sucha bad calculator, its probably that it has bad coins and bad data. I do hope the developers becomes more active and really does the necessary research on what coins to list. The user interface and features are really nice and would be a shame to waste it on shitcoins. |