How to honestly calculate the profitability of cryptocurrency mining? The calculator Bitcoin mining for the pros
Source:
In March, we WhatToMine. It can be used to calculate the estimated profitability of mining and at the same time to choose the right coin for mining. The service interface is clear, therefore using no problems. Today we will discuss more advanced .
The Reason for the creation of a new calculator was the relative unfairness of his competitors. As stressed by the Director-General RandomCrypto Josh Metnick, other platforms are not telling the whole truth about the mining. With their help it is impossible to know whether to buy a particular model ASIC-miner.
theNot «profitability of mining» and «output»
The Service can. And since the yield of many of the models remains in the red, Josh jokingly calls the product "calculator non-profit".
Over several years of observations we found that all the major calculators of mining Bitcoins called the end result "profit" instead of what he really is, "exit".
Also, the entrepreneur noted the lack of consideration of difficulty of mining, which directly influences the ease of solution of blocks.
theHow it works the profit calculator mining
Go on and examine the contents. The message in the Central part recommends that you specify the parameters hash in the right column and click the refresh button.
The seriousness of the site immediately obvious. In the basic settings enter the start date of mining, the estimated duration of production, the price of a kilowatt-hour and, if necessary, a current Bitcoin exchange rate. Last, it will be convenient for users in different exchanges.
Then specify the indices of the miners. In General, it is sufficient to choose a model asika resource already knows the key parameters. For example, in the case of this Hasrat 14.5 Th/s of 1.35 kW consumption and base price to $ 625. If you bought the device not directly from the manufacturer, you can enter the actual value manually.
Click on the update and study schedule. Before us, the potential costs over the next 12 months. For example, analysis choose the first day of 2019.
The Situation is not the best. The total expenditure including the cost of the miner and of spending on electricity will amount to 831 USD. The total gross income will be $ 565. Sounds cool, but the profit margin on this day will be only 1.51 dollar.
By the way, a figure roughly reaches zero the tenth of may next year, after which it will begin to grow. Yes, mining is still a lesson for the patient.
The same applies to other Bitcoin miners. To see a list of the best devices in 2018, and the results of their work will succeed .
What are you mining? Managed to pay off? Share your answers .
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