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Author Topic: Mining Analysis - A different calculator  (Read 1569 times)
nmat
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December 03, 2011, 10:10:08 PM
 #1

I decided to write a small tool to look at past mining investments. Besides being a regular bitcoin calculator, it can also analyse data to answer questions like: "If I had bought 3Ghash in June, how much would I have made?" Here's the link:

http://bitcoinma.appspot.com/

Maybe we can learn something from the past that will help us predict the price/difficulty movements in the future... Anyway, suggestions/improvements and overall feedback are welcome Smiley
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Eveofwar
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December 03, 2011, 10:12:58 PM
 #2

I like the layout, very clean.

Thanks
jjiimm_64
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December 05, 2011, 03:58:09 AM
 #3

I like the layout, very clean.

Thanks

+1

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nmat
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December 05, 2011, 10:21:17 AM
 #4

Thanks Smiley I will probably add more options and statistics soon, but I am still thinking about what would be a good indicator. Those calculators that estimate the earnings considering an X% difficulty increase are far from accurate..
Transisto
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December 06, 2011, 01:40:41 AM
 #5

Suggestion, something like this : http://dl.dropbox.com/u/2479243/bitcoin%20ROI%20.xlsx

So I don't have to change difficulty, price, and exchange rate manually.

I pay my elec bill in CAD but You can remove anything Canadian related.
Transisto
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December 06, 2011, 01:49:55 AM
 #6

as a general rule, To be safe don't plan on mining if your electricity price is higher than the world average. (unless fpga)

price and difficulty are closely related with electricity cost.

nmat
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December 06, 2011, 02:19:38 AM
 #7

Suggestion, something like this : http://dl.dropbox.com/u/2479243/bitcoin%20ROI%20.xlsx

So I don't have to change difficulty, price, and exchange rate manually.

I pay my elec bill in CAD but You can remove anything Canadian related.

I don't have MS Office right now, but I will check it later on Windows. I took a peek using google docs and there are a lot of things there. Are you talking about ROI (cost to generate/sell price)?

as a general rule, To be safe don't plan on mining if your electricity price is higher than the world average. (unless fpga)

price and difficulty are closely related with electricity cost.

I also agree, but I think that in the following months we will see a shift towards FPGAs. If a relatively cheap (say 1$/Mhash or so) FPGA becomes available, the network will adjust and mining with a GPU will not be profitable for most people. Of course there will be a transition period (not sure how long, though...).
Transisto
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December 06, 2011, 02:22:51 AM
 #8

fpgas will stay negligible for a little while.  At least this winter.
terrytibbs
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December 07, 2011, 05:00:48 PM
 #9

Would you consider open-sourcing this?
nmat
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December 07, 2011, 05:28:06 PM
 #10

Would you consider open-sourcing this?

Maybe, but not right now. I still have a few issues to iron out...
paraipan
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December 07, 2011, 05:58:52 PM
 #11

I like the layout, very clean.

Thanks

+1

+1

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