What's the expected profit after 12 months, ignoring variation in Bitcoin/USD?
The expected income from Bitcoin mining depends on the following things:
✔️How the complexity of Bitcoin mining changes;
✔️How Bitcoin’s prices change;
✔️How you manage your coins (save, convert to Fiat, change to altcoins, etc.)
It is impossible to predict most of these things, but if you support the idea that free digital currencies are the future, please use the suggested calculation method, as the third-party calculators are gaining popularity in estimating mining performance. We have made a tutorial on how to make mining performance estimations, based on this independent calculator (or any other of your choice):
https://www.cryptocompare.com/mining/calculator/BTC.
To make the estimation process transparent, we do not provide in-house revenue estimates and suggest you to use the 3-rd party products.
To use this very calculator for approximate revenue estimation you can use the following data depending on the type of the contract:
12-month contract
1. Put the amount of Gh/s you want to buy;
2. Set all other fields with 0, as all costs are already covered in your contract;
3. Check the estimations given.
Open-ended contract
1. Put the amount of Gh/s you want to buy;
2. Set all other fields with 0, but mind that you have fixed daily maintenance fee for 1 Th/s, that you can check on our website.
3. Check the estimations given.
You should design a Transparency page, where profits distributed are shown in detail, and profit for the month and custom time periods is calculated.
Thank you for the good idea. We will to take it for adoption.
