If you want to calculate with a constant increase each difficulty-adjustment, you don't need a fancy calculator-site. Just determine the profit per day when mining starts and compute 14 * X / D, where X is the profit per day and D is the fractional difficulty increase (so 0.3 for 30%). This is the total amount that you will mine under these assumptions. This formula includes the fact that difficulty-adjustments happen more frequently the larger they are.
The derivation of this equation is fairly simple with high-school math. If you search through my post-history, you can find it 2 or 3 times or so.
Topic: Calculator with difficulty increment every 10 days (Read 3453 times)
The increase will change to 80% increase come april,this mining game is over
Agreed. If you aren't getting a machine in the next couple of months, you would be very wise to cancel your order, unless its non-refundable, in which case you ..... shouldn't have ordered
I have 2 neptune in february batch pre-order and i'm so nervous!!
I hope price will rise..
I hope price will rise..
what february batch..? No such thing.
I have Neptune first customer batch 1 and this will not have started production even in february let alone delivered by may or june.. that's 6 months before you see very first Neptunes.
The increase will change to 80% increase come april,this mining game is over
I have 2 neptune in february batch pre-order and i'm so nervous!!
I hope price will rise..
I hope price will rise..
http://mining.thegenesisblock.com/
click on "mining" and be depressed at the real results, based on today's price.
click on "mining" and be depressed at the real results, based on today's price.
Only be depressed if you have just bought some bitcoin mining hardware or have some on pre-order. I'd be stressed out of my mind if I had some on pre-order for March / April
http://mining.thegenesisblock.com/
click on "mining" and be depressed at the real results, based on today's price.
click on "mining" and be depressed at the real results, based on today's price.
Thanks a lot, exactly what I was looking for!
Its a good calculator but be warned - it doesn't know all hardware coming out. For instance, ASICMINER are re-launching with some serious hardware around April, so any estimate it produces will be an underestimate ..... scary indeed
Calculators are ok if you want to use it for up to 3 months. If you want to calculate anything beyond that, calculators are as good as anyone guess. Even the ones with increasing difficulty every 10 days.
Right now bitcoin price is $800, which is still very good business for anyone doing asic mining. But every month, it is a less good business. Then eventually the big money will not see a profit to be made with mining, then they wont be able to keep buying ASICs at the same pace as right now. Right now they are buying like crazy, doubling all the installed base every month. That pace cant be kept with the diminishing returns they are causing.
Right now bitcoin price is $800, which is still very good business for anyone doing asic mining. But every month, it is a less good business. Then eventually the big money will not see a profit to be made with mining, then they wont be able to keep buying ASICs at the same pace as right now. Right now they are buying like crazy, doubling all the installed base every month. That pace cant be kept with the diminishing returns they are causing.
Thanks a lot, exactly what I was looking for!
As title says, is there such a "profit" calculator?
Because so far the following calculators (unless I'm missing something) don't do justice with difficulty increase, and kinda, well, overlook it:
http://www.bitcoinx.com/profit/
http://bitcoinminingcalculator.org/index.php?ghs=180&diff=1789546951.05&cdiff=1789546951.05&fee=2#nextdifficulty (was closest I could find, but it only does it for the next increment and that's it)
http://www.coinish.com/calc/
According to Bitcoin difficulty history, there has been average of 30% increase in difficulty every 10 days +- since mid August and I couldn't find a calculator that will do a 30% difficulty increments every 10 days.
P.S. I tried to search the forum and couldn't find.
Because so far the following calculators (unless I'm missing something) don't do justice with difficulty increase, and kinda, well, overlook it:
http://www.bitcoinx.com/profit/
http://bitcoinminingcalculator.org/index.php?ghs=180&diff=1789546951.05&cdiff=1789546951.05&fee=2#nextdifficulty (was closest I could find, but it only does it for the next increment and that's it)
http://www.coinish.com/calc/
According to Bitcoin difficulty history, there has been average of 30% increase in difficulty every 10 days +- since mid August and I couldn't find a calculator that will do a 30% difficulty increments every 10 days.
P.S. I tried to search the forum and couldn't find.
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