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Author Topic: New Bitcoin calculator, now support alternative coins  (Read 3648 times)
aleksey (OP)
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February 21, 2014, 02:44:18 PM
Last edit: February 28, 2014, 04:12:26 PM by aleksey
 #1

I make new bitcoin mining calculator.
If you have any ideas? write in comments!

http://aleks1k.github.io/bitcoin-calculator/

UPDATE: Add support for Litecoin, Dogecoin and other coins
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February 21, 2014, 04:11:32 PM
 #2

Looks nice dude, good job

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February 21, 2014, 04:50:49 PM
 #3

I know what a profit is, but what's a "result"?  I think it's great someone has actually integrated the difficulty into a bitcoin calculator, but the resulting graph is very difficult to understand.  In fact, the colors used in the key, don't even match the colors in the graph.  Good effort, but I'm lost on what you show in the graph.
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February 21, 2014, 05:13:08 PM
 #4

I know what a profit is, but what's a "result"?  I think it's great someone has actually integrated the difficulty into a bitcoin calculator, but the resulting graph is very difficult to understand.  In fact, the colors used in the key, don't even match the colors in the graph.  Good effort, but I'm lost on what you show in the graph.
I think result is how much you will gain per day (raw) and profit is summing it up over your investments - something like that.
aleksey (OP)
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February 21, 2014, 07:20:48 PM
 #5

I think result is how much you will gain per day (raw) and profit is summing it up over your investments - something like that.
Not per day, it is profit between difficulties recalculate

Make some changes, I now think it is easy to understand
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February 22, 2014, 12:15:33 AM
 #6

Nice job, calculates the increase in estimated difficulty correctly too. Open source or ?

aleksey (OP)
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February 28, 2014, 09:45:19 AM
Last edit: February 28, 2014, 04:13:00 PM by aleksey
 #7

Add support for Litecoin and other coins

http://aleks1k.github.io/bitcoin-calculator/#LTC
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February 28, 2014, 02:09:31 PM
 #8

Add support for Litecoin and other coins

Nice addition! I use your calculator quite a bit now to forecast profitability.  A couple suggestions:

- It would be nice to have some quick buttons/links that pre-populate the "end date" for 1 month, 6 months, 1 year.
- An option for "next difficulty" that pulls in the next estimated difficulty


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February 28, 2014, 02:47:43 PM
 #9

+1

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February 28, 2014, 02:50:03 PM
 #10

I make new bitcoin mining calculator.
If you have any ideas? write in comments!

http://aleks1k.github.io/bitcoin-calculator/
it's too complex you need to divide it two advanced and simple calculator.
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February 28, 2014, 03:35:06 PM
 #11

The calculation of future difficulty adjustment times seems wrong. If I select 100% as the increase per adjustment, then the time between difficulty adjustments should be 7 days, yet the calculator shows an adjustment every 10-11 days.
aleksey (OP)
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February 28, 2014, 04:01:31 PM
 #12

The calculation of future difficulty adjustment times seems wrong. If I select 100% as the increase per adjustment, then the time between difficulty adjustments should be 7 days, yet the calculator shows an adjustment every 10-11 days.
It is correct. I suppose that all network hashrate will be increase linearly, and time between blocks will be 5 minutes only last time, not always.
aleksey (OP)
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February 28, 2014, 04:10:04 PM
 #13

Add DOGEcoin support http://aleks1k.github.io/bitcoin-calculator/#DOGE
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February 28, 2014, 09:50:22 PM
 #14

I make new bitcoin mining calculator.
If you have any ideas? write in comments!

http://aleks1k.github.io/bitcoin-calculator/

UPDATE: Add support for Litecoin, Dogecoin and other coins

Aleksey THANK YOU FOR THIS!
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March 02, 2014, 03:05:03 AM
 #15

Thank you for sharing it with us.

Maybe it's me that I don't see it, but I would like to see the equivalent BTC/day I would make if I'm mining an Altcoin
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March 02, 2014, 03:26:00 PM
 #16


 LTC is not working properly, calculations are way off... but it looks absolutely beautiful, congrats!! I'll be checking in to see the progress
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March 02, 2014, 03:27:16 PM
 #17

no Coino , dont care

plis send btc : 1Dh194qAHCejvAYtS54j2n5p6MoK85PmcQ
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March 03, 2014, 07:39:39 AM
 #18

Very nice, would be nice to have an option to put in the price of our mining hardware.

Either way, if I'm reading it correctly, you'll never come close to breaking even with an Antminer s1?
aleksey (OP)
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March 03, 2014, 02:01:32 PM
 #19


 LTC is not working properly, calculations are way off... but it looks absolutely beautiful, congrats!! I'll be checking in to see the progress
What is problem with LTC?
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March 03, 2014, 04:31:21 PM
Last edit: March 03, 2014, 04:41:26 PM by GhostPlayer
 #20


 LTC is not working properly, calculations are way off... but it looks absolutely beautiful, congrats!! I'll be checking in to see the progress
What is problem with LTC?

 taking a scrypt/litecoin 3,7MH/s rig that consumes 0 electricity (for the sake of numbers, cloud mining, my free electricity etc...)

Leaving all numbers as is trusting your math and sources...

a) GH vs MH does not auto switch, but all value do
b) Inserting my rig, which is 3700 KH =  3.7MH = 0.37GH renders ver odd numbers.

c) I choose start and end date, but the table is static, only graph complies

Ahh...  I get it now... I have to use 3.7 GH for scrypt to simulate MH, even still I would LOVE to get 1571 USD in two months from regular, non-strategic mining.

And like I keep repeating myself... all these calculators are worthless unless you take into account price variation! now I know diff is extremely easy to predict, and price is speculation, but unless you actually try to factor in your own personal belief (like so many predicted mxgox would crash the price) - all the calculators are misleading.

Hell, many people use a 75% diff increase using the genesis block to calculate ROI.

Ok, please don't take it the wrong way, I really do love your calculator, one of the best I've seen! But they're all incomplete function-wise unless you are able factor in price change too. Be it linear regression, or personal speculation

For example. Let imagine a super big chain, say... err.. coca-cola, starts accepting BTC... price will sky rocket making ROI as in little as one month, while hashing power would be unaffected for quite some time.

Or in a more concise way, price is now 560'ish, recovering from mtgox, in a month it could be as high/low as 620, 450, 630, 700, 400, 650? 10 billion?

If you're in it for serious business, you also have to fator in future price, not only future diff

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