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Topic: CoinChoose - alternative site to show respective profitability of the alt coins - page 11. (Read 150615 times)

hero member
Activity: 490
Merit: 500
I've been digging through data for the various altcoin profitability sites I've found:

http://www.minetips.com/
http://www.criptovalute.it/profit
http://www.coinchoose.com/
http://www.coinwarz.com/cryptocurrency
http://dustcoin.com/

The figures reported vary widely. So then I spent a day or 2 digging through pools for the same data, and discovered that the data there is inaccurate, too, for example I've been mining BTB over the past 12 hours, and the pool I'm on suggests that I'll be mining 0.026BTB/day on the pool stats page, while if I look at what I've actually mined over the past 12 hours, I'm actually mining at 0.019BTB/day, a difference of around 25%.

So, it seems to me that this idea of mining the most profitable coin at any given time is complete guesswork. If even the pools themselves report inaccurate data, it seems that the only way to calculate this is to actually mine the coins for a few hours, and look at the results. I've wondered about setting up multiple virtual machines to point a few kh/s at each coin, but there are so many currencies this is unrealistic, too. So I'm wondering if anyone knows a way to accurately calculate the profitability data, or if we're just left with very rough estimates from sites like coinchoose.



At least between CoinChoose and CoinWarez - you can compare the data.  I know the biggest variance (when all data is up-to-date on all sites which is not often the case), is price.  We all calc price differently. 
sr. member
Activity: 350
Merit: 250
Spectiv VR Crowdsale: 12/08/17
nice to see dogecoin on here

second most profitable coin  Grin
full member
Activity: 140
Merit: 100
I've been digging through data for the various altcoin profitability sites I've found:

http://www.minetips.com/
http://www.criptovalute.it/profit
http://www.coinchoose.com/
http://www.coinwarz.com/cryptocurrency
http://dustcoin.com/

The figures reported vary widely. So then I spent a day or 2 digging through pools for the same data, and discovered that the data there is inaccurate, too, for example I've been mining BTB over the past 12 hours, and the pool I'm on suggests that I'll be mining 0.026BTB/day on the pool stats page, while if I look at what I've actually mined over the past 12 hours, I'm actually mining at 0.019BTB/day, a difference of around 25%.

So, it seems to me that this idea of mining the most profitable coin at any given time is complete guesswork. If even the pools themselves report inaccurate data, it seems that the only way to calculate this is to actually mine the coins for a few hours, and look at the results. I've wondered about setting up multiple virtual machines to point a few kh/s at each coin, but there are so many currencies this is unrealistic, too. So I'm wondering if anyone knows a way to accurately calculate the profitability data, or if we're just left with very rough estimates from sites like coinchoose.

legendary
Activity: 1064
Merit: 1000
newbie
Activity: 48
Merit: 0
hero member
Activity: 490
Merit: 500
Hi Sal,

Thanks for fixing so much, but ZET reward is still twice as much as it should be - another blockchain fail?

No - that is a sal fail.  Working on it.
legendary
Activity: 3108
Merit: 1359
Quote
Novacoin   scrypt   65909   179,70757   10.52   0.0184   BTC-e   6 111,54%   6 111,54%   3 028,77%   81.03 MH/sec   96.48 MH/sec

https://bitcointalksearch.org/topic/m.4310529

Real chain consists of 66948 blocks right now and has the PoW difficulty over 400.


{
    "version" : "v0.4.4.6-nvc-dirty-beta",
    "protocolversion" : 60011,
    "walletversion" : 60000,
    "balance" : 15.78717500,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 66948,
    "timeoffset" : 0,
    "moneysupply" : 662741.10335700,
    "connections" : 30,
    "proxy" : "",
    "ip" : "0.0.0.0",
    "difficulty" : 403.01136227,
    "testnet" : false,
    "paytxfee" : 0.00000000,
    "mininput" : 0.01000000,
    "errors" : ""
}
sr. member
Activity: 280
Merit: 250
Helperizer
Hi Sal,

Thanks for fixing so much, but ZET reward is still twice as much as it should be - another blockchain fail?
legendary
Activity: 1540
Merit: 1060
May the force bit with you.
New Version of HBN. You may need to upgrade in the coming months, as it includes leveldb.

For now please change the icon.

Choose one here http://www.irlab.com/hbn/
or here https://github.com/Tranz5/HoboNickels/tree/master/src/qt/res/icons

Thanks.
hero member
Activity: 490
Merit: 500


In the meantime, if we added a "lastupdate" to the API - so stale data is apparent - would that help?

API now has "lastupdated_utc".  This field is the UTC date of when the data was last updated (useful for finding stales).
hero member
Activity: 490
Merit: 500
If it can't connect to Cryptsy, the pricing data is considered stale and not used.  If there is no other source of pricing, the coin does not appear.  What would you rather see done?
I think, better - if it can't connect to Cryptsy it don't change nothing.
Cryptsy is slow now and most coins often (now for exapmple) don't shows as LTC section.


Well - after awhile who knows what is happening on the Cryptsy market.  Pricing could get out of whack pretty quickly.
hero member
Activity: 490
Merit: 500
Where'd Argentum go? Sad

No idea - it is there right now.  Maybe Cryptsy price feed was down.
full member
Activity: 132
Merit: 100
sr. member
Activity: 336
Merit: 254
CoinMine.pw
If it can't connect to Cryptsy, the pricing data is considered stale and not used.  If there is no other source of pricing, the coin does not appear.  What would you rather see done?
I think, better - if it can't connect to Cryptsy it don't change nothing.
Cryptsy is slow now and most coins often (now for exapmple) don't shows as LTC section.
hero member
Activity: 490
Merit: 500
I owe you all a bit of apologies for CoinChoose over the past month.  As CoinChoose was merely a labor of love that I had less and less time for, in November I felt I needed to transition the site to a new owner so they could put in some of the features you have all requested.  I made that sale, but in the meantime a policy I instituted at the beginning (reliance on public block explorers where possible) started harming the site as these block explorers started dropping left and right.

I sat thru a session with the new owner last night and got them up to speed on adding coins and some of the basics.  I will continue to work with them as they learn my, often spaghetti, code on the site.  Things will get better and better.  The wounds are self-inflicted and hopefully the new owner (who monitors this thread) will further enhance the site.

In the meantime, if we added a "lastupdate" to the API - so stale data is apparent - would that help?
hero member
Activity: 490
Merit: 500
Also, Bitcoin difficulty hasn't bin updated to the 1.4+ billion that it is now...

The public block explorer I had been using crashed.  Switched to new one.
hero member
Activity: 490
Merit: 500
Your bottlecaps daemon is on the wrong chain, or your daemon is stuck... (Not indicating the correct diff.)

Difficulty is like 1.9, not 0.5... Thus, your value is way off. At 1.9 diff, that value is not 4000%. Doesn't bother me, those extra miners will cause the value to rise anyways. Though they will be disappointed when they find they are mining at 400% reward, not 4000% like your page indicates.

Just giving you a heads-up. I couldn't figure out why the diff was through the roof at this value. Now I know why.

Bottlecaps was, I believe at the suggestion of the developers, using the block explorer at http://bottlecaps.kicks-ass.net.  That appears down.

In fact, many issues were due to my earlier policy of requiring a public block explorer as they all seem to be crashing left and right now...
hero member
Activity: 490
Merit: 500
please check you cryptsy update script. Looks like it's set price to 0, when can't connect to Cryptsy and coins don't shows

If it can't connect to Cryptsy, the pricing data is considered stale and not used.  If there is no other source of pricing, the coin does not appear.  What would you rather see done?
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