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Author Topic: ProfitLib: figure your own coin profitability  (Read 2926 times)
salfter (OP)
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October 19, 2014, 06:58:41 AM
Last edit: March 07, 2016, 07:19:03 PM by salfter
 #1

Yes, there are sites such as CoinChoose and CoinWarz that aim to show you which coin is the most profitable for your hardware.  Hidden algorithms and bad data (usually from coin daemons that have gotten wedged) can throw their results off.  They also might not offer all the coins you'd like to mine.

ProfitLib is a Python library that works with the coin daemons you operate to find the most profitable coin.  Its only external data dependency is for market data from Cryptsy so you can compare all coins in terms of what they're worth in Bitcoin.  

https://gitlab.com/salfter/ProfitLib

I already have a shell script using it to control my miners by running the scripts I had already set up for CryptoSwitcher through an SSH connection...kinda janky, but it works. I have another project in the works that will use ProfitLib to control your entire mining farm from one place: all your sha256 miners on the most profitable sha256 coin, all your scrypt miners on the most profitable scrypt coin, etc.  I'll post more when it's ready.

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salfter (OP)
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October 19, 2014, 09:45:46 PM
 #2

MinerSwitcher is now available:

https://bitcointalk.org/index.php?topic=828469.0

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salfter (OP)
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December 08, 2014, 07:27:31 PM
 #3

ProfitLib now supports Bittrex, Coins-E, and C-CEX in addition to Cryptsy.  You can configure it to use any or all of these exchanges. An extra item is returned in the result set that indicates which exchange offers the highest bid.

Tipjars: BTC 1TipsGocnz2N5qgAm9f7JLrsMqkb3oXe2 LTC LTipsVC7XaFy9M6Zaf1aGGe8w8xVUeWFvR | My Bitcoin Note Generator | Pool Auto-Switchers: zpool MiningPoolHub NiceHash
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December 09, 2014, 02:39:08 AM
 #4

thank you for all the work you have put into this I personally think this is a great idea. I will try and get it setup over the weekend and let you know some feedback.
salfter (OP)
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July 08, 2015, 05:39:31 PM
 #5

Support for Poloniex and BleuTrade has been added, support for Coins-E has been removed, and the repo structure has changed to make ProfitLib easier to maintain. See this post in the MinerSwitcher thread for more information.

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salfter (OP)
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March 07, 2016, 07:19:48 PM
 #6

Due to the impending SJW takeover of GitHub, I've moved my code repositories to GitLab.  OP updated accordingly.

I probably should remove Cryptsy support, seeing as how they've for all practical purposes gone out of business.

Tipjars: BTC 1TipsGocnz2N5qgAm9f7JLrsMqkb3oXe2 LTC LTipsVC7XaFy9M6Zaf1aGGe8w8xVUeWFvR | My Bitcoin Note Generator | Pool Auto-Switchers: zpool MiningPoolHub NiceHash
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