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Author Topic: Best profit calculators  (Read 553 times)
margana (OP)
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September 10, 2017, 08:33:53 AM
 #1

Can anyone recommend any good profit calculators that will try to take into account:

1) Future delivery date of miner
2) Projected increase in difficulty between now and when the miner arrives
3) Increase in difficulty once the miner starts mining

I am trying to evaluate the hardware sold by bit main, and perhaps others, but it will take approximately 8-10 weeks until I can realistically expect to plug anything in.

I'm looking at DASH, LTC, BTC, BCH and perhaps others.


The mining calculators at "crytpo compare" (https://www.cryptocompare.com/mining/calculator/ltc) are nice and easy to use but it seems like they just assume profit will be fixed for the next year which obviously isn't going to be the case.

If the only option is to spreadsheet this, any recommended resources?  Mainly I'm probably going to get tripped up by how to best guess model what the future difficulty will be and how it's going to change over time.  I think the rest of it is pretty straight forward.

Thanks.
Peke
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September 10, 2017, 10:43:27 PM
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Well, I guess you could use this for BTC, although calculator is made for mining contracts:

http://www.greywyvern.com/code/javascript/poolbitcoincalc

1. Choose a lifetime plan
2. Set up your hardware cost
3. Set up daily fee (electricity cost)
4. Set up how much your hardware would currently mine daily
5. Click estimate
6. Substract waiting days from the end result
leowonderful
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September 10, 2017, 11:07:18 PM
 #3

Bitcoinwisdomhttps://bitcoinwisdom.com/bitcoin/calculator does a great job of making a calculator in which you can input how much difficulty will increase every difficulty period. I'd set it at 10-15 percent. They also offer a Litecoin calculator which should have the same thing. The best part about it is the fact that they offer some reference miners, although their difficulty API seems to be glitchy ATM as they haven't updated in a long time. Best to get your numbers from another site for current difficulty, but otherwise the calculator is fine.
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