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Author Topic: CoinChoose - alternative site to show respective profitability of the alt coins  (Read 150615 times)
sal002 (OP)
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May 23, 2013, 06:31:49 PM
 #341

At this point maybe the coolest feature to add to this site is to add some checkboxes to ignore certain currencies in the chart, as it gets confusing with so many lines and colors.


Just click on the currency name in the graphical chart and it removes it.
sal002 (OP)
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May 23, 2013, 06:32:50 PM
 #342



What are your two requirements for adding a coin?  (I would guess one of them is trading on an exchange obviously)

1.  Exchange - that allows for automatic trades and withdrawals.
2.  Public blockexplorer.


https://bter.com/trade/yac_btc

http://yacexplorer.tk/

YAC is a different animal.  This is a site really to compare coins that can be GPU mined.  YACCoin cannot at this point so it isn't accurate to compare it to these other coins. 
Eli0t
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May 23, 2013, 06:58:59 PM
 #343

if profitability is based on difficulty, reward per block and price at an exchange, what has what its mined on got to do with it?

i dont see electricity prices factored in anywhere on the site

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sal002 (OP)
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May 23, 2013, 07:04:52 PM
 #344

if profitability is based on difficulty, reward per block and price at an exchange, what has what its mined on got to do with it?

Well, practically last time I added YAC to the chart it thru everything off as it shows about 1000% profitability and I got a lot of complaints that it did not belong.  This is especially true since the mining hardware for YAC is so much more limited (and powerful hashing is not available).  Most of the users of coinchoose have a GPU mining rig and are looking to see immediately what coin they should mine now. 

However, I could put a separate page maybe comparing YAC to BTC or LTC, but I need to know what CPU only miners are thinking about when they mine (and whether they actually look at all other currencies or just focus on whether they will make any money at all).  My guess is, for a CPU miner, it makes sense to only mine a currency that will lead to some profit after power costs, and YACoin may be that currency, but that is what sites like dustcoin.com and coinwarez.com are good for.

I may be wrong - so feel free to convince me otherwise Smiley
Eli0t
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May 23, 2013, 07:19:18 PM
 #345

i didnt find it very profitable at all due to the rapid increases in N that reduce hash rate, but thanks for your estimate thats all i wanted to know (how it compared to other coins)

btw its not on dustcoin and coinwarez doesnt exist

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sal002 (OP)
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May 23, 2013, 08:06:41 PM
 #346

i didnt find it very profitable at all due to the rapid increases in N that reduce hash rate, but thanks for your estimate thats all i wanted to know (how it compared to other coins)

btw its not on dustcoin and coinwarez doesnt exist

CoinWarz.com  - that has a mining calc with costs, so probably more useful
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May 23, 2013, 08:48:12 PM
 #347

At this point maybe the coolest feature to add to this site is to add some checkboxes to ignore certain currencies in the chart, as it gets confusing with so many lines and colors.


Just click on the currency name in the graphical chart and it removes it.

Cool! Thanks

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May 24, 2013, 09:08:13 AM
 #348

Can GLDCoin be added to Coinchoose? It is on cryptsy now Cheesy

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sal002 (OP)
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May 24, 2013, 11:43:42 AM
 #349

Can GLDCoin be added to Coinchoose? It is on cryptsy now Cheesy

is there a working block explorer?  Only one I see is not working right now (http://gld.block-chain.net/)?
sal002 (OP)
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May 24, 2013, 12:17:58 PM
 #350

GLDCoin Added anyways Smiley
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May 25, 2013, 03:13:46 PM
 #351

Error with Bitbar display...showing the low Cryptsy price instead of the (much) higher bter price. Smiley
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May 25, 2013, 04:14:24 PM
 #352

Error with Bitbar display...showing the low Cryptsy price instead of the (much) higher bter price. Smiley
Even the Cryptsy Bitbar bid price is much higher than the price shown.  sal002 will fix eventually.

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May 25, 2013, 09:52:01 PM
 #353

Great site CoinChoose, looking it every day, whole day Cheesy

I want to display data from http://www.coinchoose.com/api.php on my site, does anyone know how to that with jquery or php?

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May 25, 2013, 10:35:07 PM
Last edit: May 25, 2013, 11:28:18 PM by Impaler
 #354

sal002:  Just noticed NVM isn't listed on the relative mining pie chart, did you need block-time for it, I think it's standard 10 minutes.

Also it seems I've made some errors in the PPC rate when I first made the chart, I didn't realize that its the combined block rate that converges on 10 minutes not the PoW block rate.  When I look at the last 500 blocks of PPC the growth in money supply is averaging only 74 PPC.  This would make the mining rate roughly .82 BTC per hour.  This is substantially lower then the ~2500 PPC that would theoretically be generated per hour if all blocks were PoW, the effective rate is only 3% of the theoretical maximum.  Conversely the PoS mining limit should be around 22 PPC per hour based on a crude division of 1% of the current coin base over all the hours of a year, it is considered unlikely that that rate is being fully realized.

Similar math for Nova coin (last 500 blocks) shows a mining rate of .46 BTC per hour on a volume of 14.65 NVC per hour (vs a theoretical 70 from all PoW, a rate of 21% indicating that NVC is not as far along in the transition to PoS as PPC which would be expected givens its shorter age as a chain).

Scraping the necessary numbers to perform these calculations for a hybrid PoS/PoW coin may be tricky, I can get them off of crytocoin explorer by just going to the 500 block list and getting the difference between the market caps at those times and dividing by 500 blocks, multiplying by 6 for the hourly rate and then multiplying by exchange rates.

 
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May 26, 2013, 02:02:38 AM
 #355

sal002, I can't find any API for cryptsy, do you parse the HTML?

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Trade BTC for €/$ at bitcoin.de (referral), it's cheaper and faster (acts as escrow and lets the buyers do bank transfers).
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sal002 (OP)
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May 26, 2013, 02:31:40 AM
 #356

Error with Bitbar display...showing the low Cryptsy price instead of the (much) higher bter price. Smiley
Even the Cryptsy Bitbar bid price is much higher than the price shown.  sal002 will fix eventually.


Looks like Cryptsy is much lower (much larger spread), but appears BTER's API is displaying something different than the order book.  i will investigate and let them know.
sal002 (OP)
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May 26, 2013, 02:32:29 AM
 #357

sal002, I can't find any API for cryptsy, do you parse the HTML?

No - there is a secret aPI I am working on with BigVern, but if you look at the code you will also notice there is JSON data.  Hint Hint.
gyverlb
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May 26, 2013, 02:50:06 AM
 #358

sal002, I can't find any API for cryptsy, do you parse the HTML?

No - there is a secret aPI I am working on with BigVern, but if you look at the code you will also notice there is JSON data.  Hint Hint.

Yes saw it, thanks.

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Trade BTC for €/$ at bitcoin.de (referral), it's cheaper and faster (acts as escrow and lets the buyers do bank transfers).
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Boing7898
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May 26, 2013, 01:32:43 PM
 #359

Can you add YACoin too? That would be great.  Grin
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May 26, 2013, 06:53:26 PM
 #360

Can you add YACoin too? That would be great.  Grin
see https://bitcointalk.org/index.php?topic=152515.msg2248469#msg2248469

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