hello! How to make money on the stock exchange Yobit
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Official AltCoin Signals
Coins rise 200%+ or more
80 huge signals
👇👇👇💰👇👇👇💰👇👇👇💰
https://t.me/joinchat/AAAAAFDqWoWW8EWKDiavMg
Topic: How to calculate profitability of an altcoin correctly? (Read 927 times)
Actually setting aside the jokes. I am looking for a good formula for manually calculating the profitability of any scrypt coin.
It's so easy, use your brain a bit...
Actually setting aside the jokes. I am looking for a good formula for manually calculating the profitability of any scrypt coin.
The calculation is very simple:
Code:
profitability of any altcoin = 0
There's always this guy
Here's a more accurate formula for that response:
Code:
profitability of any altcoin = 0 ... knowledge of altcoin = 0
Sounds like he has SHA-256 miners - not Scrypt.
same calculations hold true regardless of algo
The calculation is very simple:
Code:
profitability of any altcoin = 0
Sounds like he has SHA-256 miners - not Scrypt.
here is what you need.
1. determine how many blocks were generated over the last 24 hours because advertised block time are not always true and for most coins the number of blocks per days is fairly consistent except for those with screwed up difficulty adjustment algorithms.
2. then calculate what the btc or dollar volume of the coin on a daily basis. (How much wealth does the coin produce in 24 hours)
3. Add your hashing power to the current network hash for the coin
4. divide your hashing power by (network_hash + your hash) and you'll get a %
5. take that % and multiply the daily coin yield by your percentage
there's you answer.
now pray for the following:
1) the coin does not drop in value
2) someone else does not jump in and add a lot of hash like you have because that will drive your profitability down.
3. Just join http://smarterhash.com if you're mining scrypt coins and have all these calculations for you constantly on over 50 scrypt coins - because what is most profitable changes all the time - as in dozens of time per day.
by the way we offer a 30 day money back guarantee - you will be more profitable. stop fumbling around in the dark, Smarterhash will open your eyes.
best of luck
1. determine how many blocks were generated over the last 24 hours because advertised block time are not always true and for most coins the number of blocks per days is fairly consistent except for those with screwed up difficulty adjustment algorithms.
2. then calculate what the btc or dollar volume of the coin on a daily basis. (How much wealth does the coin produce in 24 hours)
3. Add your hashing power to the current network hash for the coin
4. divide your hashing power by (network_hash + your hash) and you'll get a %
5. take that % and multiply the daily coin yield by your percentage
there's you answer.
now pray for the following:
1) the coin does not drop in value
2) someone else does not jump in and add a lot of hash like you have because that will drive your profitability down.
3. Just join http://smarterhash.com if you're mining scrypt coins and have all these calculations for you constantly on over 50 scrypt coins - because what is most profitable changes all the time - as in dozens of time per day.
by the way we offer a 30 day money back guarantee - you will be more profitable. stop fumbling around in the dark, Smarterhash will open your eyes.
best of luck
Code:
{Hours/(Diffculty*2^32/(MH/s*10^6)/3600)*Blockreward}*BTC/Coin = Total BTC
Hi guys, I wanted to find out how profitable it would be to mine startcoin, but results of my calculation are ridiculous. Could anyone do a calculation of its profitability step by step in this thread, I dont know what im doing wrong.
Calculation needs to be done on current difficulty with miners of 2.4 GH/s and 500GH/s.
Thank you.
Calculation needs to be done on current difficulty with miners of 2.4 GH/s and 500GH/s.
Thank you.
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