Profitability? Best Mining Calculators?

[Hk_47]

what is the most accurate? Cryptocompare, whattomine, coinwarz? I was using Crypt0zone but that calculator was way off.
another question I have is the profitability where it shows which coin is currently the most profitable coin to mine, this is usually off for me as well? so how do we know for certain which alt coin is the most profitable? I've had to talk to other miners in discord just to find the current coin I'm mining which is Xcash, its more profitable than ether monero or even bittube. my main concern is that I'm on top of it right now as far as maximizing profits, but is there any accurate calculators so that I can be certain in the future say even a month from now?

[xxcsu]

I DONT UNDERSTAND WHY NEWBIES KEEP ASKING THE SAME QUESTION " ITS TO LATE TO START MINING , IT IS STILL PROFITABLE ? WHY MY EARNING IS LESS THAN ALL THOSE ONLINE CALCULATORS TELLING ME? WHAT IS THE BEST COIN TO MINE ? WHAT IS THE MOST PROFITABLE COIN TO MINE"

No one can tell you !
Always going to be a 2 group of ppl who telling you it's ok go for it , or dont bc you just wasting ur money and time !
You have to make a decision for yourself !
Do your own research !
No one can tell you for sure what's going to happen with cryptocurrency !
No one can tell you it's going to be profitable for you or not !
No one can tell you how much profit you going to be able to make ! ( if you can make any at all )
No one can tell you the ROI ( return of investment) time !
No one can tell you what is the best coin to mine !
No one can tell you what is the most profitable coin to mine! Coins profitability always changing, what is best to mine today, maybe going to be the worst to mine tomorrow !
None of those calculators you are seeing on the web can tell you what's coming tomorrow , months later or 6 months later !
Those calculators telling you about today , at that moment when you typing in your information !
None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later,  tomorrow, next week,  months later, 6 months later or a year later !
It's little bit of gambling , you must to decide you want to play on the lottery or not  
YES some of us got lucky , made some money with mining
YES some of us got unlucky , lost some money , bc when price started to fall , sold they coins , miners...

! INVEST ONLY WHAT YOU'RE WILLING AND ABLE TO LOSE !
! INVEST WITH THE UNDERSTANDING , THAT YOU COULD LOSE EVERYTHING !

[sefirotius]

what is the most accurate? Cryptocompare, whattomine, coinwarz? I was using Crypt0zone but that calculator was way off.
another question I have is the profitability where it shows which coin is currently the most profitable coin to mine, this is usually off for me as well? so how do we know for certain which alt coin is the most profitable? I've had to talk to other miners in discord just to find the current coin I'm mining which is Xcash, its more profitable than ether monero or even bittube. my main concern is that I'm on top of it right now as far as maximizing profits, but is there any accurate calculators so that I can be certain in the future say even a month from now?

Today there are a lot of Google calculators to help you have a sales fee and not all of them show correctly.

[Docice]

The best calculator is you. Let me explain why To calculate the profit of any coin that is not on the calculators or check the accuracy of the calculation. You need to: analyze through the explorer the number of blocks per day, the block reward and difficulty network. According to the data obtained, you can calculate your reward based on the speed of your equipment. In addition, the calculation must take into account all the fee miner, pool... This is all theory with a 100% result, real data can only be obtained by mining this coin.

[KlepZ]

Nicehash allows you to input hardware to see how profitable you will be specifically on their network. They are unique, because they have an algorithm that switches automatically between coins to mine what is most profitable. They also have a pretty robust custom setting.

[r32godzilla]

Do not forget that by calculating your potentional profit, you will get result to the date when you calculate, but mining rewards decreasing in a time.

[stomachgrowls]

Do not forget that by calculating your potentional profit, you will get result to the date when you calculate, but mining rewards decreasing in a time.

And thats the difference and most people who do tend to mine seeing those numbers specially for 6 months time upto 1 year, believing that they would earn exact amount without
even realizing that lots of factors along the way would mainly affect profitability (Difficulty+ Energy expense+ Maintenance).

what is the most accurate? Cryptocompare, whattomine, coinwarz? I was using Crypt0zone but that calculator was way off.

No calculator would be precise and accurate yet results be shown would be only good for that day you have entered the informations needed.

[Darkoth89]

Do not forget that by calculating your potentional profit, you will get result to the date when you calculate, but mining rewards decreasing in a time.

And thats the difference and most people who do tend to mine seeing those numbers specially for 6 months time upto 1 year, believing that they would earn exact amount without
even realizing that lots of factors along the way would mainly affect profitability (Difficulty+ Energy expense+ Maintenance).

And besides these mining-related factors, you have to keep in mind that the whole crypto market can change a lot over the course of a few months. No wonder that a lot of miners had to stop mining during this bear market. If your calculation would only show you profit with the current market prices, what happens if the whole market goes back got $3k again? It's impossible for any calculator to predict the prices.

[stomachgrowls]

Do not forget that by calculating your potentional profit, you will get result to the date when you calculate, but mining rewards decreasing in a time.

And thats the difference and most people who do tend to mine seeing those numbers specially for 6 months time upto 1 year, believing that they would earn exact amount without
even realizing that lots of factors along the way would mainly affect profitability (Difficulty+ Energy expense+ Maintenance).

And besides these mining-related factors, you have to keep in mind that the whole crypto market can change a lot over the course of a few months. No wonder that a lot of miners had to stop mining during this bear market. If your calculation would only show you profit with the current market prices, what happens if the whole market goes back got $3k again? It's impossible for any calculator to predict the prices.

True, thats why i completely agree with xxcsu points above

None of those online calculators calculating pool luck !
None of those online calculators calculating your stale/rejected or invalid shares !
None of those online calculators able to predict difficulty growth !
None of those online calculators can predict what would be the coin/$ exchanges rates a minutes later, a hour later,  tomorrow, next week,  months later, 6 months later or a year later !

But even though these things are mainly used to check out profitability but eventually you would really know it when you already face off your profits on your actual mining.

[leowonderful]

Cryptocompare usually isn't too far off in my experience, haven't used any others in quite some time. There are obviously factors you cannot control while mining and they will throw off profitability calculations by a lot in the long run, but these calculators should always be used as simply a (very) rough approximation for profitability in the short term. Still a lot of luck involved in the end as to whether or not you even make it to the break-even point. There's no guarantees in mining, and mining's just like any other investment you can make in crypto- only put as much as you can afford to lose into it.

[r32godzilla]

Do not forget that by calculating your potentional profit, you will get result to the date when you calculate, but mining rewards decreasing in a time.

And thats the difference and most people who do tend to mine seeing those numbers specially for 6 months time upto 1 year, believing that they would earn exact amount without
even realizing that lots of factors along the way would mainly affect profitability (Difficulty+ Energy expense+ Maintenance).

And besides these mining-related factors, you have to keep in mind that the whole crypto market can change a lot over the course of a few months. No wonder that a lot of miners had to stop mining during this bear market. If your calculation would only show you profit with the current market prices, what happens if the whole market goes back got $3k again? It's impossible for any calculator to predict the prices.

On the other hand people are now mining because they believe that one day cryptocurrencies will grow. But I do not understand why they want to start mining in loss?

Now, when all altcoins are in 90% loss it is better to buy them, I see bigger potentional profit in buying low, selling high. Then buying expesive hardware, electritcity and so on. 

[coincalculators.io]

Of course CoinCalculators.io  

[asriloni]

Do not forget that by calculating your potentional profit, you will get result to the date when you calculate, but mining rewards decreasing in a time.

And thats the difference and most people who do tend to mine seeing those numbers specially for 6 months time upto 1 year, believing that they would earn exact amount without
even realizing that lots of factors along the way would mainly affect profitability (Difficulty+ Energy expense+ Maintenance).

And besides these mining-related factors, you have to keep in mind that the whole crypto market can change a lot over the course of a few months. No wonder that a lot of miners had to stop mining during this bear market. If your calculation would only show you profit with the current market prices, what happens if the whole market goes back got $3k again? It's impossible for any calculator to predict the prices.

On the other hand people are now mining because they believe that one day cryptocurrencies will grow. But I do not understand why they want to start mining in loss?

Now, when all altcoins are in 90% loss it is better to buy them, I see bigger potentional profit in buying low, selling high. Then buying expesive hardware, electritcity and so on. 

Because they are betting for the future of crypto, they expected to get some crypto from mine it before it goes to the moon and that's what they thinking to mine crypto in loss. They lack of analyzation and that's it.
They are also thinking if they can sell their mining rig again.

[cybersofts]

Of courseCoinCalculators.io  

Go to whattomine.com or cryptocompare.com, there you'll find lots of coins with their own hashing algorithms, mining difficulty, power pricing, and lots of other features to help make profitability.

[r32godzilla]

Of courseCoinCalculators.io  

Go to cryptocompare.com there you'll find lots of coins with their own hashing algorithms, mining difficulty, power pricing, and lots of other features to help make profitability.

And by the way what is currently the most profitable altcoin for mining? It is still Grin? After a price dump I would say that is no more profitable, right?

[coincalculators.io]

Of courseCoinCalculators.io  

Go to cryptocompare.com there you'll find lots of coins with their own hashing algorithms, mining difficulty, power pricing, and lots of other features to help make profitability.

And by the way what is currently the most profitable altcoin for mining? It is still Grin? After a price dump I would say that is no more profitable, right?

All of coin price dropped. Don't blame other sites to rise your own site.

Anyway yes grin still profitable.

[Syndrome]

Of courseCoinCalculators.io  

Go to cryptocompare.com there you'll find lots of coins with their own hashing algorithms, mining difficulty, power pricing, and lots of other features to help make profitability.

And by the way what is currently the most profitable altcoin for mining? It is still Grin? After a price dump I would say that is no more profitable, right?

This is a good site but for mining it’s enough to use https://whattomine.com/coins.
Never let me down and always promptly updated the benefits of mining with the growth or fall of the market.

[Alucard2425]

You will see bunch of those in the internet just google it and you will see a lot of them the one I use is https://whattomine.com/ you can use their calculator

[xxcsu]

This is a good site but for mining it’s enough to use https://whattomine.com/coins.

Yeah sure  , you dont need anything else   never do any market research, or read white paper, or look after any announcement from devs,   just use whattomine !   OMG  

Never let me down and always promptly updated the benefits of mining with the growth or fall of the market

updated few minutes after the market fall or growth, not before at that moment after its happened and you typed in your information

[trashman43]

The profitability of mining altcoins solely depends on how long you are going invest and mining the altcoin. But the best site to help you calculate your potential earnings within a day or months is https://whattomine.com/coins.