CoinWarz cryptocurrency mining calculators. (ETH) Ethereum Mining Calculator. (LTC) Litecoin Mining Calculator (LTCD). Dec 10, 2017 - Since the beginning of the second half of 2017, I call myself a proud crypto investor - currently investing in the 4 major cryptocurrencies - bitcoin, ethreum, litecoin and ripple. Starting July 2017, using dollar cost averaging I keep buying crypto coins once in the month. So far, the total crypto portfolio shows an. Genesis Zcash Mining Since I have been mining with Genesis I have seen them doing everything they can do to help their customers. From advice to implementing new ways to help save money in transaction fees, we have all seen Genesis hard at work to make it better for everyone that is part of the best cloud mining group in the world. No matter if you are just starting or if you have been with them for a long time they see everyone as part of the team! No matter which crypto-currency you choose to mine they stand behind you 100% with your best interest in mind! Published on 6th January, 2018. The biggest and best crypto cloud miner. I had no idea what cloud mining was until I discovered your business on YouTube. Many of your very happy and satisfied customers chose to post videos describing the service you provide. I have since purchased a few contracts from you and look forward to using a currency that will not deprecate in value such as the one I am currently holding some savings in. Thank You Genesis Mining for giving myself and many others an opportunity to invest in this new industry. Firikyiwa published on 14th December, 2017. The miner´s littel helper it´s Stille way too early in the process to conclude anything; I expect to start seeing some results in the start of January 2018, do not expect the same level of monitoring and software set up or insight, that you have when mining on your hobby rig. I decided to go for the two-year Ethereum contract, one of the coins I also mine my self and a crypto-coin That has done well for me. My estimate for ROI at the end of the contract is 160%. But let´s see how it has done by November 2019 Thomas S. Published on 27th November, 2017. It's a must have investment With the current challenging era, most of the investment exist on the basis of fiat currency, is sometimes worthless. Yet, Bitcoin came on to aid, by providing new currency which are more stable. To get Bitcoins, one have to mine, but mining is not an easy task to do right now. So, Genesis-Mining came to help those people who want to mine Bitcoins without having to concern about noises,electricity bills, and place to mine their Bitcoin. Genesis-Mining is one of the best (or maybe the best) cloud mining site with consistent daily payouts, and value for money! Published on 10th April, 2015.
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Shares 68 Even for those people who have grown tired of hearing Bitcoin price predictions, it is still worth paying attention to what Ronnie Moas has to say. In his latest prediction, Moas claims Bitcoin will surge past US$20,000 very soon. That seems to be only a matter of time at this rate. However, Moas also believes that this will only be the beginning, and that Bitcoin may eventually settle at a value in the six figures. It’s an interesting idea, although there are still a lot of hurdles ahead. Jan 1, 2018 - ASICs for bitcoin were introduced in 2013 and, as of November 2017, they are the best processors available for mining bitcoin and they outperform FPGAs in power consumption. Mining pools. To offset the difficulty of mining a block, miners started organizing in pools or cloud mining networks. Ronnie Moas is a Permabull While most people have high expectations for the moving forward, there are also those who take a more cautious approach. After all, the price per BTC could go to US$1,000 as easily as it could go to US$50,000 at this point in time. While it seems more likely the Bitcoin price will surpass US$20,000 and then keep moving up from there, there is always a certain risk involved with these things. For his part, Ronnie Moas is pretty confident there will be no retracement whatsoever. More specifically, his short-term Bitcoin price is US$20,000. That is on par with current market sentiment, although breaking this resistance and turning it into a support level will not be without setbacks. It is another of those “mental barriers” for traders and speculators, which often tend to be particularly difficult to break on a permanent basis. Then again, the price seems to be moving toward this price level as we speak. Moas’s long-term Bitcoin price prediction is a lot more interesting. In his opinion, we will see a 400% increase from the current price. That would catapult the value of one Bitcoin to six digits in the next few months. Exactly how and when that will happen remains to be seen, though. If the year 2017 is any indication, such a massive gain could be a matter of just months or even weeks. Furthermore, Moas states the US$100,000 threshold will not necessarily be the final stop for Bitcoin either. As part of his permabullish attitude, he envisions a world in which one Bitcoin is worth US$300,000 or more. At that point, it would become the most valuable currency in the world today, assuming no other major shakeups take place in the world of finance before this happens. The scarce availability of Bitcoin combined with its limited “end” supply certainly allow for such a development – assuming, that is, that there are enough people willing to spend so much money on one Bitcoin. Although didn’t specify a specific timeline for his predictions, he noted that people would try to get their hands on a scarce supply of BTC “in two years”. Assuming that is any indication, we should expect to see the Bitcoin price surge by another 1,400% over the next 48 months. It is good to dream big, although such a prediction seems rather unrealistic at this point in time. Then again, nothing is impossible in the cryptocurrency world. Whether or not Ronnie Moas will be right in the end remains to be seen. A lot of speculators are very bullish on the Bitcoin price as of right now, although the camp of naysayers is growing as well. There is no reason to go all-in on Bitcoin right now unless you can really afford to lose all of that money if the predictions don’t come true. One has to keep in mind that Bitcoin has experienced a massive rally these past few years, and it has to end at some point. When that will be is anybody’s guess right now. Do you think you've got what it takes to join the tough world of cryptocurrency mining? How to Add Sold Coins on the CryptoCompare. Or Ethereum Cloud Mining. What is this? The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis. Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Accounting for this changing difficulty is essential to generate long term profitability predictions. How is this value calculated? The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. Can I disable it? The diff change factor can be disabled by either manually setting it to 0 or clicking a 'Use Diff Change' switch found below the graph and in the break-even analysis section. What is this? The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup. How is this calculated? Time to break-even is calculated by comparing your hardware cost (which you must enter below) to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The calculator also takes the changing difficulty (diff change) into account. If the network difficulty is increasing quickly, this will greatly increase your break-even time. The diff change can be excluded from the calculation by toggling the 'Use Diff Change' switch. Why is my break-even time 0 or never? If your break-even time is 0 you have likely forgotten to input your hardware cost below. If it is never, your break-even time has been calculated to be greater than 10 years. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. You could try lowering the diff change for a less agressive prediction or disable it altogether. What is this? The profitability chart can help you visualize your long term mining projections. The chart can operate in one of three views: Total Profits The Total Profits view predicts what your overall profitability will be in the future. This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty (diff change), the diff change factor can be disabled. This view assumes the price of the coin will stay the same. If you wish to account for a changing price (ie if you think the price will rise in the future), switch to the 'Coins Generated' view. Coins Generated This view looks at the number of coins you can expect to generate in the future. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. A high diff change will cause you to generate fewer coins in the future. Total Costs This view sums your power and recurring costs. It can be used to predict the total cost to operate your mine over a given period of time. What is this? Price Change allows you to factor in the changing price of the currency into your projections. You can use this to generate accurate best-case and worst-case projections for your operation. Why does Price Change default to 0? It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you. How does this value factor into the calculations? It depends on what Selling Profile is set to. For more details, click on the question mark beside the Selling Profile field found directly below Price Change. What is this? Selling Profile tells the calculator how to use the Price Change value. Price Change must be set to something other than 0 to have any effect on the profitability projections. Selling Profile has 4 different options: Sell Coins Monthly Profitability is calculated as if you were to sell all of your mined coins at the end of each month. Your profits will equal (money earned from selling) - (total expenses + hardware costs) Sell to Cover Expenses Only sell enough crypto to cover your monthly expenses. (electricity, rent, etc.) Your profits will equal (unsold crypto * predicted price) - (hardware costs) Sell a Portion Monthly Selecting this option will show the Sell Monthly field below, this is where you input what portion of crypto you would like to sell each month. For example, if you plan to sell 25% of your new crypto, enter 25 into the Sell Monthly field. Your profits will equal (money earned from selling) + (unsold crypto * predicted price) - (total expenses + hardware costs) Never Sell Coins Select this option if you plan on holding all of your crypto. Your profits will equal (all crypto mined * predicted price) - (total expenses + hardware costs). Like other public blockchains, ethereum intends to support as many users as it can. The problem is that, today, we don't really know the limits of the platform. Because of a hard-coded limit on computation per block, the ethereum blockchain currently supports roughly 15 transactions per second compared to, say, the 45,000. Bitcoin Value Category= Ethereum >> We wish to thank you for seeing our site in your look for the fastest expanding cryptocurrencies. We have been investigating, collating as well as unite in easily accessible fashion every info, breaking information and also updates on cryptocurrencies. 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Our intention is that you will certainly appreciate our classification list of cryptocurrencies as you visit our website and also broaden your understanding in this special, different means to fiat cash, deals and also financial investments. July 21, 2017 @ 12:13pm PDT Antonina Wanderstock. If you are wondering if it is worth mining Ethereum you can get an idea on how much Ether (ETH) should be mined with a specific hashrate depending on what hardware you have available with a simple mining profitability calculator. All you have to enter is the hashrate you are getting (you can run ethminer in benchmark mode to see what hashrate to expect from your CPU or GPU if you have not yet started mining) and you will get information about the expected mined amount in ETH and USD. The calculator uses up to date data from etherchain’s API to get fresh information about the Network Hashrate, average Blocktime and 1 ETH price, so it should be pretty accurate with the results at the moment of time you use it. The estimated coins to be mined and their USD value are shown for a period of 1 Minute, 1 Hour, 1 Day, 1 Week and 1 Month, though the longer the period is the less accurate the estimation could be. So for example if we have a single AMD Radeon R9 280X GPU available that is capable of producing around 24 MHS worth of hashrate when mining Ethereum and we enter that value in the calculator we are going to get an estimation of about 4.5 ETH mined in a day or a bit over $5 USD. This is making mining Ether on the Ethereum network a pretty good and profitable crypto currency to mine at the moment if the estimates are true. If you want you can check our to get things started. The Ethereum Mining Profitability Calculator is pretty simple and dubbed as alpha software, but it works well, the code is written in Python and the source code is also available for anyone interested. Copyright ©2014-2018 - - All About BTC, LTC, ETH mining as well as other alternative crypto currencies. This is a blog for crypto currency miners and users of Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), ZCash (ZEC) and many others. If you find helpful and useful information you can support us by donating altcoins or Bitcoin (BTC) to: 1AxbMZwtcmCByrHiaWwhse5r6ea1YgBwk1 ETH: 0x8d785ff337046444d8afbac169bcb7c0adfb3266 - LTC: LPYFPK7dL1uEtwrAteLmxs7w8Je446gAAJ - ZEC: t1gg5rWxeMBMsyDRMrq5PJdFLiWQ86LGggi. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC • To the right of the address bar, click the icon with 3 stacked horizontal lines. • From the drop-down menu, select Settings. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. Find out how to earn with Bitcoin mining and estimate your profit. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. MAC • Select Chrome from the Apple/System bar at the top of the screen. • Select Preferences. From the drop-down menu. • In the left-hand column, select Settings from the list. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. GUIMiner is the premier Bitcoin Mining tool for Windows and is one of the easiest ways to start mining Bitcoins. By offering a simple and easy to use graphical interface, GUIMiner will let you take full control of your Bitcoin mining process without requiring complicated commands or constantly editing configuration files. GUIMiner is the perfect Windows mining software for beginners and experts alike, offering a ton of useful features that will help anyone get the greatest amount of Bitcoins with the lowest amount of fuss. GUIMiner supports the most popular Bitcoin Mining software, including OpenCL Miner for AMD graphics cards, CUDA Miner for Nvidia cards, CGminer for any ASIC Miner, and even Ufasoft Miner so you can mine Bitcoins with your CPU! Not only does GUIminer support all of these different Bitcoin miners, it also supports using multiple miners at the same time! With GUIMiner, you can maximize your Bitcoin Mining profits all in one simple place! Crypto cloud mining Storjcoin X MAT Bitcoin Gold. Download the Latest vertminer 0.5.4pre3 Scrypt-N GPU Miner for Windows. We test all miners before releasing. After your miners are configured, you can even setup 'Autostart mining' that will let you start mining for Bitcoins as soon as the program opens! To use GUIMiner, download the latest version from the link above, open it and extract the archive to anywhere on your PC (we recommend your Desktop so you can easily access it), then double click the GUIMiner executable to open the interface. Once GUIMiner is up and running, simply choose a mining pool (we recommend using Slush's pool, to receive the most Bitcoins), setup your login details and hit 'Start Mining!' To begin earning those sweet Bitcoins! Once mining begins, you'll be able to see your mining statistics all in one place, letting you know what your hash rate is, your total shares accepted, and the total number of shares from the past hour. How Bitcoin Mining Works Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine. Bitcoin is Secure Bitcoin miners help keep the Bitcoin network secure by approving transactions. 2014, co-founded by one of the largest miner manufacturers in completely the world. Read more, m M introduction, m, founded in 2014, is a cloud computing platform active in the blockchain industry. Coindesk bitcoin calculator with difficulty is easeus safe. Segwit improves Bitcoin as more transactions can be handled in less. Prospective clients however must pay attention to where they sign up to cloud mining services as there are many scammers and ponzi scheme available online. Those coindesk bitcoin calculator with difficulty is easeus safe website interfaces trick peole into thinking theyd be serious investment companies, making their. Enter your mining rig's hash rate and the CoinWarz Bitcoin mining calculator and Bitcoin profit calculator will use the current difficulty and exchange. Mining is an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure. Links • - Learn all about crypto-currency. • - Where the Bitcoin community gets news. • - Interviews with top people in Bitcoin Bitcoin Mining Hardware Comparison Currently, based on (1) price per hash and (2) electrical efficiency the best Bitcoin miner options are. Avalon6 • 3.5 Th/s • 0.29 W/Gh • 9.5 pounds • No • $499.95 • • 0.1232 • Overview - Table of Contents • • • • • • • • Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere. What is Bitcoin Mining? What is the Blockchain? Is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by miners remains steady. Individual blocks must contain a proof of work to be considered valid. This proof of work is verified by other Bitcoin nodes each time they receive a block. Bitcoin uses the proof-of-work function. The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus. Mining is also the mechanism used to introduce Bitcoins into the system: Miners are paid any transaction fees as well as a 'subsidy' of newly created coins. This both serves the purpose of disseminating new coins in a decentralized manner as well as motivating people to provide security for the system. Bitcoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which commodities like gold are mined from the ground. What is Proof of Work? A is a piece of data which was difficult (costly, time-consuming) to produce so as to satisfy certain requirements. It must be trivial to check whether data satisfies said requirements. Producing a proof of work can be a random process with low probability, so that a lot of trial and error is required on average before a valid proof of work is generated. Bitcoin uses the Hashcash proof of work. What is Bitcoin Mining Difficulty? The Computationally-Difficult Problem Bitcoin mining a block is difficult because the SHA-256 hash of a block's header must be lower than or equal to the target in order for the block to be accepted by the network. This problem can be simplified for explanation purposes: The hash of a block must start with a certain number of zeros. The probability of calculating a hash that starts with many zeros is very low, therefore many attempts must be made. In order to generate a new hash each round, a nonce is incremented. See Proof of work for more information. The Bitcoin Network Difficulty Metric The is the measure of how difficult it is to find a new block compared to the easiest it can ever be. It is recalculated every 2016 blocks to a value such that the previous 2016 blocks would have been generated in exactly two weeks had everyone been mining at this difficulty. This will yield, on average, one block every ten minutes. As more miners join, the rate of block creation will go up. As the rate of block generation goes up, the difficulty rises to compensate which will push the rate of block creation back down. Any blocks released by malicious miners that do not meet the required difficulty target will simply be rejected by everyone on the network and thus will be worthless. The Block Reward When a block is discovered, the discoverer may award themselves a certain number of bitcoins, which is agreed-upon by everyone in the network. Currently this bounty is 25 bitcoins; this value will halve every 210,000 blocks. See Controlled Currency Supply. Additionally, the miner is awarded the fees paid by users sending transactions. The fee is an incentive for the miner to include the transaction in their block. In the future, as the number of new bitcoins miners are allowed to create in each block dwindles, the fees will make up a much more important percentage of mining income. 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Fusion Media or anyone involved with. Fusion Media will not accept any liability for loss. EUR /MXN.2055, Compra fuerte.,,,,,,,, Bitcoin transaction worth about.8 million dollars. As digital currencies have boomed, so have mining operationsbig and small. Bitcoin, classic stands for the original, bitcoin as Satoshi described it, A Peer-to-Peer,,,,,,, The qnap TS-251A is a more powerful version of our main pick, with the same Celeron N3060 processor as our runner-up and 2 GB of RAM instead of. The ARM-based,,,,,, One pound of muscle kts-250-16 installation instructions orhan pamuk schnee interpretation livingstonii growth rate interiorul the order of the 8 moon phases order custom icons fire rated duct support intervista,,,,,,, The trading symbol for the same instrument will be BUH4. Each month has a trading symbol like March is H (as per Chicago Mercantile Exchange the 'B' is taken from,,,,,, Following this difficulty adjustment, bitcoin cash mining is expected to become far less profitable. DigitalNote(XDN) CryptoNight BT: 3m 58s BR: 150.00 LB: 429,361 530,577,692.23 Mh/s.4.4409.934 (HitBTC).2 14,834,514 352.50 BTC.3.12 -0.,,,,,,, Thanks God I did not post before. Is slower in the cryptospace, effects on the dark web, ICO predictions, and more. What do I think about the scamming situation in,,,,,, • • • • • • • • • • •. Find out what your expected return is depending on your hash rate and. BTC Toplist; USD Toplist; ETH. How to Identify a Bitcoin or Ethereum Cloud Mining. CryptoCompare needs javascript enabled in order to work. Follow these instructions to activate and enable JavaScript in Chrome. PC • To the right of the address bar, click the icon with 3 stacked horizontal lines. • From the drop-down menu, select Settings. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. MAC • Select Chrome from the Apple/System bar at the top of the screen. • Select Preferences. From the drop-down menu. • In the left-hand column, select Settings from the list. • At the bottom of the page, click the Show advanced settings link. • Under the Privacy section, click the Content settings button. • Under the JavaScript heading, select the Allow all sites to run JavaScript radio button. • Finally, refresh your browser. Cloud Mining is a service that allows users to invest in cryptocurrency mining without the need to select, buy, and maintain cryptocurrency mining equipment, which requires a certain degree of technical knowledge. It allows users to purchase mining contracts in which they rent mining equipment for a certain period of time. There are many ways of investing in cryptocurrencies. The most common are to trade them or buy and wait for the price to go up. However, these require a certain degree of research and/or rely on price speculation. Cloud Mining relies on the premise, not that the price will go up, but that the network is stable and that mining conditions will remain favorable. Higher prices attract more miners and increase the difficulty (reducing payments for miners), while a stable network ensures predictable payouts and a foreseeable return on investment. If you want to tell your friends that you are mining crypto and you want to help the network grow then get a mining contract. If you expecting to make a lot of money out of it, you may want to consider another investment or source of revenue. What is Hashflare is a cloud mining service provided by HashCoins, a reputable crypto team that has been involved in blockchain since the inception of Bitcoin and has over 3 years of experience in cryptocurrency mining operations. HashFlare makes cryptocurrency mining accessible to anyone for an extremely low entrance point, meaning that anyone can try out a contract on a small scale to test the system. Furthermore, Mining is not the only way you can earn with HashFlare, you can also profit from an affiliate agreement. HashFlare's mining equipment is stored in a hi-tech facility, design to house and host cryptocurrency mining equipment, which is kept within the best temperatures to ensure the longevity of the equipment and its performance. Furthermore, HashFlare contributes to decentralization by allowing you to choose between multiple mining pools. How to Buy a Mining Contract Part 1 - Create an account We are going to show you how to buy a Hash power for Bitcoin mining but HashFlare also provides contracts for Bitcoin, Ether, Litecoin and Dash. Step 1: Click to register an account with Hashflare Step 2: Enter your account information and click ' Register' You will be taken to your Dashboard. This is where you will perform all Mining related operations and where you'll be shown all relevant announcements. We can see in the announcements that we need to confirm our account and to provide a withdrawal address, so let's get to it. Step 3: In order to be able to withdraw funds, confirm your email address Step 4: Now we need to add a Bitcoin address to receive payments. Click ' Settings' Step 5: Enter your Bitcoin address in the correct field (1) and click ' Save' (2) While you're in settings you can also configure your personal details (This may be required if you want to pay with credit card or bank account) and active 2-factor authentication to improve security. You can also select a cool Avatar like we did. Part 2 - Buy hashing power Step 1: Now it's time to buy our Mining Contract. Click ' Buy Hashrate' Step 2: Select your algorithm. Bitcoin uses SHA256 so we'll choose that. (Litecoin uses Scrypt, Ethereum uses Ethash, and Dash uses X11) Step 3: Drag the bar to select your hashrate like so: Hashflare allows users to enter the world of mining for as low as $1.20, so we'll try that out. We can move to a higher hashrate later on, the price always stays the same. Bitcoin Mining Calculator Got your shiny new ASIC miner? Wondering when it will pay off? If you enter your hash rate below, this page will calculate your expected earnings in both Bitcoins and dollars over various time periods (day, week, and month). It will not attempt to extrapolate difficulty or price changes -- it provides only instantaneous calculations (how much you'd make if all conditions remained as they were right now). An API is available. Next difficulty retarget occurs at block 508031.0 (eta 8.8 days): 2.2e+12 / +9.9% [est.] Difficulty Factor Hash Rate Exchange Rate ($/BTC) [preev] BTC / Block 0 Has this service helped you? BTC 1MW6BNqwU4StysayHwApDZPBggms25tf5t. What is this? The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis. Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Accounting for this changing difficulty is essential to generate long term profitability predictions. How is this value calculated? The list below details the biggest Bitcoin mining pools. This is based on info from Blockchain’s pool share chart. And a Bitcoin wallet. Mining Pools vs Cloud. The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. Can I disable it? The diff change factor can be disabled by either manually setting it to 0 or clicking a 'Use Diff Change' switch found below the graph and in the break-even analysis section. What is this? The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup. How is this calculated? Time to break-even is calculated by comparing your hardware cost (which you must enter below) to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The calculator also takes the changing difficulty (diff change) into account. If the network difficulty is increasing quickly, this will greatly increase your break-even time. The diff change can be excluded from the calculation by toggling the 'Use Diff Change' switch. Why is my break-even time 0 or never? If your break-even time is 0 you have likely forgotten to input your hardware cost below. If it is never, your break-even time has been calculated to be greater than 10 years. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future. You could try lowering the diff change for a less agressive prediction or disable it altogether. What is this? The profitability chart can help you visualize your long term mining projections. The chart can operate in one of three views: Total Profits The Total Profits view predicts what your overall profitability will be in the future. This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty (diff change), the diff change factor can be disabled. This view assumes the price of the coin will stay the same. If you wish to account for a changing price (ie if you think the price will rise in the future), switch to the 'Coins Generated' view. Coins Generated This view looks at the number of coins you can expect to generate in the future. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value. A high diff change will cause you to generate fewer coins in the future. Total Costs This view sums your power and recurring costs. It can be used to predict the total cost to operate your mine over a given period of time. What is this? Price Change allows you to factor in the changing price of the currency into your projections. You can use this to generate accurate best-case and worst-case projections for your operation. Why does Price Change default to 0? It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you. How does this value factor into the calculations? It depends on what Selling Profile is set to. For more details, click on the question mark beside the Selling Profile field found directly below Price Change. What is this? Selling Profile tells the calculator how to use the Price Change value. Price Change must be set to something other than 0 to have any effect on the profitability projections. Selling Profile has 4 different options: Sell Coins Monthly Profitability is calculated as if you were to sell all of your mined coins at the end of each month. Your profits will equal (money earned from selling) - (total expenses + hardware costs) Sell to Cover Expenses Only sell enough crypto to cover your monthly expenses. (electricity, rent, etc.) Your profits will equal (unsold crypto * predicted price) - (hardware costs) Sell a Portion Monthly Selecting this option will show the Sell Monthly field below, this is where you input what portion of crypto you would like to sell each month. For example, if you plan to sell 25% of your new crypto, enter 25 into the Sell Monthly field. Your profits will equal (money earned from selling) + (unsold crypto * predicted price) - (total expenses + hardware costs) Never Sell Coins Select this option if you plan on holding all of your crypto. Your profits will equal (all crypto mined * predicted price) - (total expenses + hardware costs). Use code '4M0anS' to get a 3% discount on every purchase on Genesis Mining! Scrypt Cloud Mining Contracts with ROI and. Scrypt Cloud Mining is available with Genesis Mining, Hashflare, Nicehash and. Bitcoin Cloud Mining Calculator 2016. |
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March 2018
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