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Author Topic: BitReturn.com - Introducing new Bitcoin mining forecast and ROI calculator  (Read 11303 times)
valzav
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October 01, 2013, 03:50:07 PM
 #1

Let me introduce new Bitcoin mining calculator - http://www.bitreturn.com/
 
This is how it's different from other calculators:
- simple interface; very easy to use
- shows forecasted difficulty and network speed charts
- calculates ROI
- ability to add several mining hardware assets
- shows generated cash flows chart
- remembers entered data
 
Don't hesitate to ask questions. Your suggestions are very welcomed!
 
Hope it can help you to save on ASIC pre-orders.

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October 01, 2013, 05:32:57 PM
 #2

Don't hesitate to ask questions. Your suggestions are very welcomed!
 
Hope it can help you to save on ASIC pre-orders.

If those default numbers are anywhere what will happen, then that is possibly the most depressing chart for anyone who already owns or has on order any mining hardware whatsoever!
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October 01, 2013, 06:36:40 PM
 #3

I really appreciate this! Beatiful design


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Rluner
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October 02, 2013, 10:15:04 AM
 #4

Great design, however when I Inputted my information and as a ROI of over 2000% for a split second I couldn't realise what I had done wrong. Then I realised I'm UK and I guess you are USA. That date format thing again. Lol after inputting in USA format my ROI fell to -80%. That's more like I expected!

May I ask for a way to alter electric and pool costs please.
valzav
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October 02, 2013, 04:04:47 PM
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Great design, however when I Inputted my information and as a ROI of over 2000% for a split second I couldn't realise what I had done wrong. Then I realised I'm UK and I guess you are USA. That date format thing again. Lol after inputting in USA format my ROI fell to -80%. That's more like I expected!

May I ask for a way to alter electric and pool costs please.

Rluner, thank you for the feedback. Yes, I'm using USA date and numbers formatting.
Ability to alter electric and pool costs is already on my to do list.
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October 02, 2013, 09:09:56 PM
 #6

someone needs to make a forecast like this that accounts for the point where the network tapers out slightly. at current BTC value there is no way any current/soon-coming miner would be profitable past february due to power consumption limitations, and this would create a ceiling to the exponential growth

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October 07, 2013, 06:20:54 AM
 #7

One thing I know for certain is that any chart that looks like the first one has always resulted in a massive correction .

An example is seen in bitcoin price when it went to $270 ,what happened very shortly after ?

This is a Bitcoin example, but there are lots of others ,if anyone has an example of a financial chart showing vertical increases without being followed by an equally sharp decrease I would be surprised to see it .

More recently we saw a vertical decreace in price sharply followed by an immediate vertical increase.

If that chart were price related ,then it would be a perfect short oppotunity ,although history proves humans are more prone to buy in such situations .

 
fattypig
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October 07, 2013, 02:03:58 PM
 #8

Let me introduce new Bitcoin mining calculator - http://www.bitreturn.com/
 
This is how it's different from other calculators:
- simple interface; very easy to use
- shows forecasted difficulty and network speed charts
- calculates ROI
- ability to add several mining hardware assets
- shows generated cash flows chart
- remembers entered data
 
Don't hesitate to ask questions. Your suggestions are very welcomed!
 
Hope it can help you to save on ASIC pre-orders.



Nice and thanks for the calculator, still trying out but overall looks pretty decent.

fattypig
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October 07, 2013, 02:08:43 PM
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A small problem that I found, I can't seems to find a place to change the kwh price. What is your default kwh price?

valzav
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October 07, 2013, 04:00:11 PM
 #10

A small problem that I found, I can't seems to find a place to change the kwh price. What is your default kwh price?

The default kWh price is 15 cents. I'll put this on website. Probably it needs to be customizable.
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October 07, 2013, 04:03:57 PM
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A small problem that I found, I can't seems to find a place to change the kwh price. What is your default kwh price?

The default kWh price is 15 cents. I'll put this on website. Probably it needs to be customizable.

yup, I pay 0.019 kWh  Grin

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cowandtea
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October 08, 2013, 06:29:09 AM
 #12

Nice site, a good tools to decide if I should buy any mining equipment now.

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November 14, 2013, 07:15:26 PM
 #13

Is this calculator predict the future difficult rate based on past developments ? like the calculator at
http://www.vnbitcoin.org/bitcoincalculator.php

Bitcoin difficulty prediction graph. either it take the default growth rate or user can input .  I put in 40 % .

http://www.vnbitcoin.org/difficultprediction.png
valzav
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November 14, 2013, 09:20:56 PM
 #14

Is this calculator predict the future difficult rate based on past developments ? like the calculator at
http://www.vnbitcoin.org/bitcoincalculator.php

Yes, basically it takes current network hash rate and applies the growth rate specified by user, difficulty calculations are based on network hash rate.
BitcoinAddicts
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November 17, 2013, 02:13:13 AM
 #15

Let me introduce new Bitcoin mining calculator - http://www.bitreturn.com/
 
This is how it's different from other calculators:
- simple interface; very easy to use
- shows forecasted difficulty and network speed charts
- calculates ROI
- ability to add several mining hardware assets
- shows generated cash flows chart
- remembers entered data
 
Don't hesitate to ask questions. Your suggestions are very welcomed!
 
Hope it can help you to save on ASIC pre-orders.



Nice, thanks for sharing.... I like the interface very much compare to other calculator...

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June 28, 2014, 02:59:43 PM
 #16

Great
Just what I wanted, to calculate old investments ROI

But now I see that Current Difficulty (M) is wrong: 8000.87, now the value is: 13462 M

Thank You

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conteaza
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June 29, 2014, 05:09:18 PM
 #17

thanks for info buddy Wink
Nathan101
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July 12, 2014, 04:01:41 PM
 #18

I have to say that the features of your calculator are really good. I definitely use this calculator.

ravin
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July 13, 2014, 02:37:14 AM
 #19

Why not add the current 'hotcake' miners to the list?

Maidak
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July 13, 2014, 05:35:24 AM
 #20

Pretty cool should add the bitmaintech equipment like the antminer s1 s2 and s3 in default list. Also is there any place to edit kwh costs?

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