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Author Topic: CoinChoose - alternative site to show respective profitability of the alt coins  (Read 150621 times)
sal002 (OP)
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June 03, 2013, 04:08:17 PM
 #421

True - just because it is so different on mining, it will skew the numbers quite a bit.  Last time I added it, it looked very profitable, which is misleading since you can't (normally) GPU mine it.
if you could somehow factor in the speed reduction for each N interval* it might work. an i5 2500 currently mines this at 23 khash, heh

* http://yacexplorer.tk/graphs.htm#tech

Makes sense - but the issue is if the target audience of coinchoose still CPU mines and uses the site to determine which coin to mine with the CPU.  I may open a poll to gauge that and if large enough, think about adding YACoin.
gyverlb
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June 03, 2013, 04:17:05 PM
 #422



FYI - it is on an exchange (Cryptsy).

oh right thanks Sal --


hey hey - Untick , click !

goodbye !
its also on bter

And... vircurex ;-)

P2pool tuning guide
Trade BTC for €/$ at bitcoin.de (referral), it's cheaper and faster (acts as escrow and lets the buyers do bank transfers).
Tip: 17bdPfKXXvr7zETKRkPG14dEjfgBt5k2dd
gyverlb
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June 03, 2013, 04:36:35 PM
 #423

Question is - what is "high volume" Smiley

Maybe set a fixed number of high volume slots and put only the most traded in BTC value in them, then split the rest (middle/junk coins) with an aggregated amount of trade level or/and bids which must be reached to escape the "junk" qualification (I've seen coins with less than 1BTC of bids, they certainly aren't worth mining: by the time the coins would have matured all bids could have gone).

Once the rules are set, there shouldn't be much complaining: this would be centered around the number of slots and level values (which could be dynamically chosen by users).

In the API don't try to split things, just add the relevant information (volume) by creating new keys. API users will always know best how they want to process the data, just feed them all you can and they will be satisfied.

One tip for computing mining efficiency. My observation of orphan rates points to a collision window on a coin P2P network of ~5 seconds. What this means is that the orphan probability on a stable network (with no big hashrate swings) is 5/block_interval

Bitcoin should have 5/600 = 0.83% orphans
Worldcoin should have 5/15 = 33% orphans

There's a margin of error here: some networks are a little more stable/fast than others but the numbers don't deviate much from that. When the flock comes on a new coin, the actual block interval is smaller by quite a bit until difficulty is adjusted: the orphan rates rises often to insane levels (that's not easy to detect unless you are solo-mining the coin yourself and I actually coded fall-back measures in my coin-choosing bot to detect such cases).

This is crucial for computing mining efficiency, I've face-palmed more than once when people mined Worldcoin and other fast block interval coins like there was no tomorrow, most of them did probably loose quite a bit of coins while coinchoose.com made them look profitable.

P2pool tuning guide
Trade BTC for €/$ at bitcoin.de (referral), it's cheaper and faster (acts as escrow and lets the buyers do bank transfers).
Tip: 17bdPfKXXvr7zETKRkPG14dEjfgBt5k2dd
kevindeangelis
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June 03, 2013, 04:53:11 PM
 #424

True - just because it is so different on mining, it will skew the numbers quite a bit.  Last time I added it, it looked very profitable, which is misleading since you can't (normally) GPU mine it.
if you could somehow factor in the speed reduction for each N interval* it might work. an i5 2500 currently mines this at 23 khash, heh

* http://yacexplorer.tk/graphs.htm#tech

Makes sense - but the issue is if the target audience of coinchoose still CPU mines and uses the site to determine which coin to mine with the CPU.  I may open a poll to gauge that and if large enough, think about adding YACoin.

I set up a site last week that helps show the earnings for various coins depending on your hash rate - www.WhereToMine.com .  It uses the coinchoose data as well as from other sources to give a good idea on what would be the best coin to focus on.  It's a constant work in progress, so let me know if you find it helpful!

sal002 (OP)
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June 03, 2013, 05:43:02 PM
 #425



I set up a site last week that helps show the earnings for various coins depending on your hash rate - www.WhereToMine.com .  It uses the coinchoose data as well as from other sources to give a good idea on what would be the best coin to focus on.  It's a constant work in progress, so let me know if you find it helpful!

Are you pulling from my api.php?  If I added YACoin there would you display it?  Seems a lot of people want it, but to me it only makes sense when seeing dollar revenue, which I don't / won't display.
z0rr0
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June 03, 2013, 06:20:24 PM
 #426

Sal, what's wrong with terracoin graph? Earlier, when there where older graphs, TRC graph was wave-like, like it should be with TRCs floating difficulty, and now it's more like almost straight line, is there something wrong with data, or I miss something?
sal002 (OP)
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June 03, 2013, 06:26:40 PM
 #427

I will check.  Highcharts may have smoothed the line a bit, but I switched to the Visualization charts so I can add additional filtering.  There is likely an option to smooth it a bit and I will take a look.
kevindeangelis
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June 03, 2013, 07:02:25 PM
 #428



I set up a site last week that helps show the earnings for various coins depending on your hash rate - www.WhereToMine.com .  It uses the coinchoose data as well as from other sources to give a good idea on what would be the best coin to focus on.  It's a constant work in progress, so let me know if you find it helpful!

Are you pulling from my api.php?  If I added YACoin there would you display it?  Seems a lot of people want it, but to me it only makes sense when seeing dollar revenue, which I don't / won't display.

I am... although, YAC doesn't seem to be appearing in the api

sal002 (OP)
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June 03, 2013, 07:13:15 PM
 #429

Right - I don't have it as it skews my charts.  Do you have it on your site right now?
kevindeangelis
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June 03, 2013, 07:17:19 PM
 #430

Right - I don't have it as it skews my charts.  Do you have it on your site right now?
ah ok, I don't.  Do you know of an api I can use to get the current YAC info? (and does that have the value vs BTC?)

sal002 (OP)
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June 03, 2013, 07:50:40 PM
 #431

I can add it to mine Smiley  Just asking if you will use it.
kevindeangelis
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June 03, 2013, 07:53:39 PM
 #432

I can add it to mine Smiley  Just asking if you will use it.
absolutely! That'd be great.  You rock!

sal002 (OP)
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June 04, 2013, 11:54:44 AM
 #433

The website is now straight JSON / AJAX, so no more annoying auto-refreshes as the data autoupdates.  Now I can work more easily on adding filtering options so that you only see what you want to see.

I am open to opinions on how I currently determine the price.  Right now, I want to make sure there is a minimal number of orders to add up to a set amount of BTC and then average those orders, while ignoring the drop in the bucket ones (those less than one of the given cryptocurrency).  This is to avoid gaming the system.

However, I have heard some complaints from the currency owners that this skews their currency downward (which is part of the point - trying to control hype Smiley

Any thoughts?
baritus
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June 04, 2013, 12:14:19 PM
 #434

The lower the profit estimate the better.

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sal002 (OP)
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June 04, 2013, 12:29:20 PM
 #435

The lower the profit estimate the better.

Says the person with the cryptocurrency that has defied all the odds and stayed relevant Smiley
Eli0t
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June 04, 2013, 04:56:46 PM
 #436

chart is too wide now, lots of empty space Sad

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sal002 (OP)
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June 04, 2013, 05:21:20 PM
 #437

chart is too wide now, lots of empty space Sad

Working on it - my first move was to make it faster (and use less resources).  Now comes the beautification (including new charts and filtering options). 
Piotrsama
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June 05, 2013, 10:21:45 PM
 #438

Would it be possible to add network hashrate for each coin?
Thanks.
malona82
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June 06, 2013, 01:09:27 AM
 #439

Can u fix the difficulty of the alt coins?  They are blowing up the difficulty when profitabilityvis 1/2 stated on the site.
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June 06, 2013, 01:49:38 AM
 #440

Dam actually why didn't i think of it before -

What you have is working - why not just split it into 2 tabs.

its all market driven right now , sure its might be imperfect, but its basically working .

why  not on page 1 (Tab 1) have the top 10 or 12 in profitability

Then the next - it will always be changing so you can assure people will always cry that way. ?

You basically just need room .

that's somehting you could implement right away .

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