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Author Topic: Profits projections - Online profit calculators too Optimistic?  (Read 191 times)
cjclm7
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September 17, 2017, 03:32:32 PM
 #1

Hi there,

I have been finding differences above 15% between the online Profit calculators and the projections from real mining.

Here one example for ETH mined with a 124MHs rig:

Cryptocompare: 0.816 ETH per month (124MHs rig)
https://www.cryptocompare.com/mining/calculator/eth?HashingPower=124&HashingUnit=MH%2Fs&PowerConsumption=1000&CostPerkWh=0

and

Ethermine pool stats: 0.646 ETH per month (124MHs rig)
ethermine.org

Any comments?
Do you find same differences?
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Greeny
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September 17, 2017, 03:43:31 PM
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Every script is written by someone else and might use different values. Mostly they use different difficulties. Some calculators have formulas to project future rise of difficulty and some dont, so you will always get different values. Which is the most trustworthy i cannot tell you.

Here is one with increasing difficulty formula: http://www.mycryptobuddy.com/EthereumMiningCalculator

I tend to use the most pessimistic forecast and then im happy if i get more, but if prices keep falling i will also have to look for a more accurate solution Grin
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