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Author Topic: Whats a good Bitcoin Mining profit calculator?  (Read 2222 times)
jimmothy
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March 05, 2014, 12:13:38 AM
 #21

The Genesis Block's calculator does allow you to factor in changes in $/BTC conversion per month in case you sell your mined BTC immediately. Look for Conversion Increase / Month (%) under Conversion and Electricity

This calculator is inaccurate because difficulty changes every 2 weeks not every month.

bitcoinwisdom is the best imo. Also bitreturn.com is nice but it uses monthly % instead of biweekly.
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March 05, 2014, 12:55:42 AM
 #22

The Genesis Block's calculator does allow you to factor in changes in $/BTC conversion per month in case you sell your mined BTC immediately. Look for Conversion Increase / Month (%) under Conversion and Electricity

http://thegenesisblock.com/mining/

that one is indeed very nice. But do you use it for your calculations? Is it accurate?
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March 10, 2014, 10:52:09 PM
 #23

Does anyone know of a mining calculator that save the history of the Bitcoin difficulty to determine how well your mining has done over time?

It'd be nice to go back to some date such as October 2013 and then factor how many Bitcoins were generated since that date to today based on whatever hardware specs were entered.  I think it would be interesting to see how specific pieces of hardware have profited over time. 


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jimmothy
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March 10, 2014, 11:03:06 PM
 #24

Does anyone know of a mining calculator that save the history of the Bitcoin difficulty to determine how well your mining has done over time?

It'd be nice to go back to some date such as October 2013 and then factor how many Bitcoins were generated since that date to today based on whatever hardware specs were entered.  I think it would be interesting to see how specific pieces of hardware have profited over time. 



http://www.bitreturn.com/
tempestb
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March 11, 2014, 05:03:05 AM
 #25

Thanks!

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jmumich
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March 11, 2014, 03:18:20 PM
 #26

It seems like all of these, to the extent that they take difficulty increases into account, assume that the rate at which difficulty increases will remain static.  For example, on bitcoinwisdom, I can change the difficulty increase as I see fit, but it applies to all future difficulty increases.  The next increase it set to be around 12.5% according to bitcoinwisdom, but I don't think it is realistic to assume that rate will continue.  Is there any calculator available that allows you to adjust individual difficulty increases? 
TonyZX
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March 11, 2014, 04:31:52 PM
 #27

I don't know what is the best but I really like this one - http://bitcoinwisdom.com/bitcoin/calculator

Bitcoin is our past, present and future!
Simon8x
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March 12, 2014, 04:26:54 PM
 #28

I don't know what is the best but I really like this one - http://bitcoinwisdom.com/bitcoin/calculator

+1 for bitcoin wisdom Smiley

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March 12, 2014, 09:11:54 PM
 #29


Yup everytime I'm tempted to buy GH at cex.io, this calculator helps me to stay away. So its worked for me for that :p
paulsonnumismatics
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April 13, 2014, 08:28:42 PM
 #30

Either PBMining, CEX, or any physical miner is giving currently -50% returns on any timeframe... So is this a definitive "stay away from mining"?
Why does anyone is still with it? i dont get it...

This space is for lease, apparently.
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April 14, 2014, 02:32:31 AM
 #31


This one is the best. The key feature is the ability to calculate slowing growth to the difficulty adjustments.

Buy & Hold
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