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Author Topic: (Closed for Maintenance) Mining Profitability Chart  (Read 22257 times)
jhansen858
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June 12, 2011, 05:33:35 AM
 #21

this happens to mining in 1000 more blocks.

Difficulty Factor   817583.785486
Hash Rate (mega-hashes / second)   : 600
Exchange Rate ($/฿): $10.00

Coins   Dollars
per Day   ฿0.74   $7.38
per Week   ฿5.38   $53.82
per Month   ฿22.44   $224.39

Hi forum: 1DDpiEt36VTJsiJunyBc3XtG6CcSAnsQ4p
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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wizzard0 (OP)
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June 12, 2011, 05:45:07 AM
 #22

Difficulty Factor   817583.785486

per Month   ฿22.44   $224.39

Yep. I wonder what all those people will do with their 2-3k$ rigs now Cheesy

The Namecoin predicted difficulty jump stands out even more)
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June 12, 2011, 09:32:50 AM
 #23

Dude! Putting Namecoin in there will only make the NMC economy (and hash rate) explode like there's no tomorrow! Embarrassed

It is a TINY network, compared to BTC at the moment and what's worse: I don't know of any exchange where you can sell Namecoin for USD! Giving the BTC value in USD for NMC is a bit misleading - please at least state that you'd get x BTC for 100MH/s mining Namecoins wich would then be worth y USD on MtGox.

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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June 12, 2011, 12:35:16 PM
 #24

make the NMC economy (and hash rate) explode like there's no tomorrow! Embarrassed
Can't think of any sensible hurt that the influx of miners might do to namecoin (name squatting? don't make me laugh)
Although if I'm missing something - please explain.

I don't know of any exchange where you can sell Namecoin for USD!
I know https://exchange.bitparking.com/ . What's wrong with NMC->BTC->USD?

Giving the BTC value in USD for NMC is a bit misleading - please at least state that you'd get x BTC for 100MH/s mining Namecoins wich would then be worth y USD on MtGox.
Well, I should probably mention about mining pool fees, mtgox fee, variance, lost/stale/invalid/orphaned blocks and all such things then... It would get over-complicated and would resemble a big pile of legaleze, which I don't really want. That's what Wiki is for.
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June 12, 2011, 12:44:11 PM
 #25

I don't know of any exchange where you can sell Namecoin for USD!
I know https://exchange.bitparking.com/ . What's wrong with NMC->BTC->USD?
Until you have your BTC from biparking in your account and then on MtGox or on another exchange it'll take 1-2 hours. Currently 2 hours make a difference of ~5 USD/BTC! Wink

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
wizzard0 (OP)
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June 14, 2011, 01:26:03 PM
 #26

Update: MtGox stats (and all currency calculations) were screwed. Fixed.
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June 14, 2011, 04:45:09 PM
 #27

The Namecoin difficulty seems to come from a website that is down, hm?

"If you decide to go after Namecoin instead, the numbers would look as following:
Infinity NMC/day, 0.0400 NMC/BTC ($0.7616 per NMC), and $Infinity/day.
After next Namecoin diff update: Infinity NMC/day and $Infinity/day."

I'M GOING TO BE INFINITIVELY RICH, BABY! Grin

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
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June 14, 2011, 11:46:42 PM
 #28

The Namecoin difficulty seems to come from a website that is down, hm?

"If you decide to go after Namecoin instead, the numbers would look as following:
Infinity NMC/day, 0.0400 NMC/BTC ($0.7616 per NMC), and $Infinity/day.
After next Namecoin diff update: Infinity NMC/day and $Infinity/day."

I'M GOING TO BE INFINITIVELY RICH, BABY! Grin

Oh, you catched a moment when I was updating the code Smiley

So, the update:

- Split charts to "last week" and "all time"
- Added namecoin difficulty/price/profit.
Sukrim
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June 15, 2011, 07:30:25 AM
 #29

Suggestion:
Add some horizontal lines every 1 USD, a bold one every 5

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
tealover
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June 16, 2011, 02:26:20 PM
 #30

Love your chart, but it stopped updating! Sad Fix in progress?
wizzard0 (OP)
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June 16, 2011, 02:57:35 PM
 #31

Love your chart, but it stopped updating! Sad Fix in progress?
Oh shi %)

Apparently the updating job died while I was not attending it. Thank you!
tealover
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June 16, 2011, 03:23:24 PM
 #32

Your welcome and thanks for giving me credit on your charts page that was unexpected Smiley
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June 16, 2011, 10:02:06 PM
 #33

Thanks for this! All I have to do now is check your charts to see if it's worth it more to mine nmc or btc.

Right now it's showing 0.000 for all profits. I assume that's because one of the MtGox price thingies is messed up, right?

wizzard0 (OP)
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June 16, 2011, 10:16:47 PM
 #34

Thanks for this! All I have to do now is check your charts to see if it's worth it more to mine nmc or btc.

Right now it's showing 0.000 for all profits. I assume that's because one of the MtGox price thingies is messed up, right?

Previously, MtGox was outputting garbage instead of tickers. Now BitcoinCharts was down for maintenance.

Now I query both MtGox and BitcoinCharts and hope one of them works Cheesy

Suggestion:
Add some horizontal lines every 1 USD, a bold one every 5

Done that Smiley
Beremat
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June 16, 2011, 11:17:41 PM
 #35

This is great. I assume the address on the bottom (1NpcrLukTvASg38sbTeUMshkySTLm7FW41) is a bitcoin, not a namecoin address, right? I just want to make sure before I make a donation.

Also, here's how you can make the chart scroll automatically to the right. It's a dirty script, but it works.

Code:
<script type="text/javascript">

function scrollDiv()
{
var el;
if ((el = document.getElementById('historydiv'))
&& ('undefined' != typeof el.scrollLeft))
{
el.scrollLeft = 0;
el.scrollLeft = 5000;
}
}

window.onload = scrollDiv;

</script>

Name the div with the history chart 'historydiv'.

wizzard0 (OP)
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June 16, 2011, 11:52:05 PM
 #36

This is great. I assume the address on the bottom (1NpcrLukTvASg38sbTeUMshkySTLm7FW41) is a bitcoin, not a namecoin address, right? I just want to make sure before I make a donation.
Yes, it's bitcoin. Thanks!

Also, here's how you can make the chart scroll automatically to the right. It's a dirty script, but it works.
It works! So we finally have autoscroll Smiley Thanks again!
Sukrim
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June 17, 2011, 12:18:08 AM
 #37

The Mtgox prices seem to be on a different scale (on the upper chart).

As they are anyways just a differently wheighted version of the profit charts, maybe you could get rid of them in the upper chart anyways? (Namecoin price - not profit - too)

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
wizzard0 (OP)
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June 17, 2011, 12:22:29 AM
 #38

The Mtgox prices seem to be on a different scale (on the upper chart).

As they are anyways just a differently wheighted version of the profit charts, maybe you could get rid of them in the upper chart anyways? (Namecoin price - not profit - too)
Prices are using other scale than profits. I'm considering either to split them (because they're not really related), or to rescale.

Also, they aren't simply weighted, profit=price/difficulty, and difficulty changes over time Smiley
Sukrim
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June 17, 2011, 12:26:31 AM
 #39

Difficulty changes not even every week (well, in Namecoin it does currently Wink ), so having it on a weekly chart might be a bit much, as there would be max. 2 different difficulties (and you can see the jump anyways clearly)

https://www.coinlend.org <-- automated lending at various exchanges.
https://www.bitfinex.com <-- Trade BTC for other currencies and vice versa.
wizzard0 (OP)
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June 17, 2011, 12:40:02 AM
 #40

Difficulty changes not even every week (well, in Namecoin it does currently Wink ), so having it on a weekly chart might be a bit much, as there would be max. 2 different difficulties (and you can see the jump anyways clearly)
You misunderstood me.

1. Difficulty is already only on historical graph
2. Look at the namecoin graph zigzags and you'll see that there's not much sense plotting prices and profits on the same scale. I think I'm gonna split them into 2 charts.
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