Whattomine - profitability website with basic json.

[lukemanz]

@Navidz

Markets supported by the website are missing.
Will not list an algo which only coin runs as multi-algo. You can still calculate at single pages.

@lukemanz
Market added

Thanks 

[1713587380]

1713587380

[1713587380]

1713587380

[raa146]

there is a new coin - https://bitcointalk.org/index.php?topic=2828707.0. what are the conditions for adding to your service. Thank you.

[fredeq]

there is a new coin - https://bitcointalk.org/index.php?topic=2828707.0. what are the conditions for adding to your service. Thank you.

Please use the contact form on the website and include all the required info.

[raa146]

there is a new coin - https://bitcointalk.org/index.php?topic=2828707.0. what are the conditions for adding to your service. Thank you.

Please use the contact form on the website and include all the required info.

Thank you.

[Atexor]

Dear fredeq,
quite a time ago I've sent you request via form on your website about listing STRAKS. Could you take a look on it?
Thank you.

[YarMiner]

Thanks for the incredibly useful website!
Only one thing makes me feel not enough happy is the number of coins for calculation.
I mean, everything is great but new mineable coins coming every day.
Yes, most of them are shitcoins, but another also our chance go to the moon
In this case, I'm trying to calculate by myself profit from some new coins, but have a problem.
Let me explain...

I'm using this simple formula:
<probability to mine next block> = <your hash rate> / <total hash rate>
<blocks in hour> = <seconds in hour> / <avg block time>
<blocks mined per hour> = <probability to mine next block> * <blocks in hour>
<revenue per hour> = <block reward> * <blocks mined per hour>
<earnings per hour> = <revenue per hour> - <expenses>

Good news, it works for Ethash, Equihash, Lyra2v2, Skunkhash, Nist5, X16R, X11Gost, TimeTravel10, Xevan.
Bad news, it doesn't work for CryptoNight, NeoScrypt, and Groestl.

Why doesn't the formula work for all of the algorithms?
What is the correct way to calculate the profit?
Could somebody help me, please?
Thanks in advise!

[fredeq]

@Atexor
Havent processed it yet.

@YarMiner
Your logic looks sound and it should work for all coins.
Maybe you have wrong nethash values to start with?

[papampi]

@fredeq
Isnt it possible to change the web page layout so adding new algos doesnt need to remove other ones?
Cost, Sort, Volume, difficulty and exchange columns can go below algos in one single line then you can add 3 more algos

[Mikanoshi]

How WTM calculates avg diff? If it's a simple average then STRAKS diff is wrong, 15-30% higher than it should be.

[Mikanoshi]

fredeq Are you still alive?

[mmortal03]

The 280x and 750Ti cards don't have prefilled hashrate and power figures listed for CryptoNightV7. Can you guys fix this? Thanks!

[xiders]

Your calculator doesn't update any data on Verge (XVG) on any algo. The last displayed and calculated block on your website is 2134509 meanwhile real latest block at this moment is 2136791. Please fix your datasources!

[fredeq]

@fredeq
Isnt it possible to change the web page layout so adding new algos doesnt need to remove other ones?
Cost, Sort, Volume, difficulty and exchange columns can go below algos in one single line then you can add 3 more algos

That would be a solution, but currently all algos moving away from gpu section are a result of asics being introduced for those algos.
No point to keep those algos in the gpu section.

@Mikanoshi
Still alive and well
It is an average diff, not sure why it would be wrong though. Can you explain what are you comparing it with?

@mmortal03
Will check last CN values and copy them to CNv7

@xiders
Unfortunately the block explorer that provided complete 5 algos diff api has been taken down.
I have reached out on discord to ask for a similiar api, but nothing so far.
Was using a clearnet node before for verge, probably will have to get it running again via tor.

[Mikanoshi]

It is an average diff, not sure why it would be wrong though. Can you explain what are you comparing it with?

Sum up diffs of every single block for the last 86400 seconds, divide by their count.
I get 1254: https://blockstats.pw/straks/
WTM shows almost 1600, so I'm also not sure how that is possbile

I'm running a node and use blocknotify to get data for each block and put it in DB.

Code:

SELECT COUNT(`diff`), SUM(`diff`) DIV COUNT(`diff`) FROM `straks_pow` WHERE `time` >= (UNIX_TIMESTAMP() - 86400)

Returns block count = 1290 (~67 sec per block, matches WTM) and 1254 avg diff.

[fredeq]

It is an average diff, not sure why it would be wrong though. Can you explain what are you comparing it with?

Sum up diffs of every single block for the last 86400 seconds, divide by their count.
I get 1254: https://blockstats.pw/straks/
WTM shows almost 1600, so I'm also not sure how that is possbile

I'm running a node and use blocknotify to get data for each block and put it in DB.

Code:

SELECT COUNT(`diff`), SUM(`diff`) DIV COUNT(`diff`) FROM `straks_pow` WHERE `time` >= (UNIX_TIMESTAMP() - 86400)

Returns block count = 1290 (~67 sec per block, matches WTM) and 1254 avg diff.

Indeed my average is higher than the real average.
From what I can see its caused by lowered diff periods of around 300-500, where many blocks are mined in short time and not all of them are cached into the db.

Now the question remains which average is able to produce closer estimated_rewards.

[Mikanoshi]

Indeed my average is higher than the real average.
From what I can see its caused by lowered diff periods of around 300-500, where many blocks are mined in short time and not all of them are cached into the db.

Now the question remains which average is able to produce closer estimated_rewards.

How do you miss blocks? They all have unique numbers
STRAKS can change difficulty very sharply (check chart on BlockStats), I don't think that getting diff every 5-10 min is accurate.
Difficulty already takes block time and hashrate into account, so IMHO it's the only way to calculate theoretical rewards.
Real rewards can differ greatly because of unstable hashrate, suboptimal pool and network efficiencies, low pool luck, fees, big hashrate attacks, etc.
But all of those are unpredictable (even fees ) and cannot be used to compare rewards.

[cmanmatt]

How is "profitability" calculated? it doesn't make any sense to me.  Some examples from the ASIC tab today using 0.075 $ power:

Bitcoin: Revenue is showing as $6.46, profit is showing $3.74 and the profitability is showing as 100%.  There isn't any math I can figure where profitability is 100%.
Siacoin: Revenue showing 3.93 and profit is 1.59 and profitability is 60%. 

The way I would normally look at profit margin or profit ratio would be profit over power so in the case of bitcoin it would be $3.74/($6.46-3.74)= 1.37 so a 1.37 or 137% profit ratio of net revenue over power.  I have no clue where the 100% comes from.

Can someone help explain or point to a formula that explains the profitability calculation on the site?

[fredeq]

How is "profitability" calculated? it doesn't make any sense to me.  Some examples from the ASIC tab today using 0.075 $ power:

Bitcoin: Revenue is showing as $6.46, profit is showing $3.74 and the profitability is showing as 100%.  There isn't any math I can figure where profitability is 100%.
Siacoin: Revenue showing 3.93 and profit is 1.59 and profitability is 60%.  

The way I would normally look at profit margin or profit ratio would be profit over power so in the case of bitcoin it would be $3.74/($6.46-3.74)= 1.37 so a 1.37 or 137% profit ratio of net revenue over power.  I have no clue where the 100% comes from.

Can someone help explain or point to a formula that explains the profitability calculation on the site?

The naming is not accurate - its based on revenue in BTC.
100% is a base to compare other coins to either BTC or ETH.

[cmanmatt]

How is "profitability" calculated? it doesn't make any sense to me.  Some examples from the ASIC tab today using 0.075 $ power:

Bitcoin: Revenue is showing as $6.46, profit is showing $3.74 and the profitability is showing as 100%.  There isn't any math I can figure where profitability is 100%.
Siacoin: Revenue showing 3.93 and profit is 1.59 and profitability is 60%.  

The way I would normally look at profit margin or profit ratio would be profit over power so in the case of bitcoin it would be $3.74/($6.46-3.74)= 1.37 so a 1.37 or 137% profit ratio of net revenue over power.  I have no clue where the 100% comes from.

Can someone help explain or point to a formula that explains the profitability calculation on the site?

The naming is not accurate - its based on revenue in BTC.
100% is a base to compare other coins to either BTC or ETH.

aha! okay, well the numbers make sense then!  Thanks!

I still wish it was what I was looking for but at least I understand what it is

[Mikanoshi]

So there won't be a fix for diff calculation? I guess it's safe to assume WTM is totally inaccurate then.

P.S. What's up with ORE, lagging for more than a day?