Bitcoin Forum
May 01, 2024, 05:27:44 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Accuracy of mining calculators  (Read 504 times)
blackbyte83 (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
September 03, 2017, 11:26:26 PM
 #1

Hello,

I am thinking about renting some hashpower on Nicehash. For calculating the possible profit I use the whattomine and coinwarz mining calculators. And sometimes the outcame is 10% or more, where I think to buy the hashpower to mine the particular coin.

But I wonder how accurate they are? Do you have any experiences and comparisons?

I understand very well, that the results of these calculators are only a "snapshot" of the current situation, which can change within hours or even minutes.

I appreciate any information about this.

Best, Alex.
1714541264
Hero Member
*
Offline Offline

Posts: 1714541264

View Profile Personal Message (Offline)

Ignore
1714541264
Reply with quote  #2

1714541264
Report to moderator
1714541264
Hero Member
*
Offline Offline

Posts: 1714541264

View Profile Personal Message (Offline)

Ignore
1714541264
Reply with quote  #2

1714541264
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714541264
Hero Member
*
Offline Offline

Posts: 1714541264

View Profile Personal Message (Offline)

Ignore
1714541264
Reply with quote  #2

1714541264
Report to moderator
1714541264
Hero Member
*
Offline Offline

Posts: 1714541264

View Profile Personal Message (Offline)

Ignore
1714541264
Reply with quote  #2

1714541264
Report to moderator
1714541264
Hero Member
*
Offline Offline

Posts: 1714541264

View Profile Personal Message (Offline)

Ignore
1714541264
Reply with quote  #2

1714541264
Report to moderator
Agozyen
Sr. Member
****
Offline Offline

Activity: 672
Merit: 252

Until the end


View Profile
September 04, 2017, 03:24:11 AM
 #2

I have found  the calculators to be very accurate.  I wouldn't hesitate to get a second opinion from another calculator though if you think the first one was wrong or off.
joshuaj
Full Member
***
Offline Offline

Activity: 224
Merit: 100


IDEX - LIVE Real-time DEX


View Profile
September 04, 2017, 04:07:19 AM
 #3

Usually mining calculator uses data from last few hours, so the accuracy should be good. You may subtract it with -1% or -2% to get a conservative value as coin difficulty increased.

blackbyte83 (OP)
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
September 04, 2017, 01:19:51 PM
 #4

Ok, thank you guys! I think I'll try it. Smiley
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!