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Author Topic: New Profitability Calculator that accounts for Lead Time  (Read 3570 times)
ashaw596 (OP)
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June 22, 2013, 05:21:20 AM
 #1

Hey everyone,
I've been trying to do calculations about difficulty and profitability for some of the group buy and getting tired for using google.com for my calculations so I made a profitability calculator that allows you to estimate profitability with lead time. I thought that I'd publish it so you guys can use it if you want. The UI doesn't look the best yet and I plan on outputting a couple more calculations and trying to put in some default "profiles" for some of the new miners in the pipeline. Please PM or post if you have any suggestions or find any bugs.

http://coinfaucets.com/calculator/index.php

Warning: This site only gives estimates of profitability. Use at your own risk.

PS: The faucet doesn't work. I thought about trying to set one up and then realized that the .0005 (now .0001) fee sort gets in the way of that and then I got really busy.
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ashaw596 (OP)
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June 30, 2013, 10:00:47 PM
 #2

So..... No one likes it? Not even a single comment?
theHamburglar
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July 01, 2013, 01:01:52 PM
 #3

I think this is great! A bitcoin calculator that factors in lead time is absolutely necessary given the current state of mining and preorders. I just have 1 or 2 comments. First, the difficulty increase. I assume that is valued as a percentage but perhaps it could be specified i.e. "Difficulty increase per 2 weeks(%)" or "Percent increase in difficulty per 2 weeks". Also, it states Total Revenue at the bottom but there is no input for mining time frame. I am assuming it is either for a 1 year mining time or it uses the weeks of profitability value to determine revenue/roi. Either way how this is calculated should be indicated or at least let us specify a time frame i.e. revenue/roi for 1 year of mining. Anyway thanks for this valuable tool!
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July 02, 2013, 09:12:28 PM
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http://minercharts.com/
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