I was overcomplicating things a bit
After thinking it throuigh a little more a basic accounting program I use already does all of this for vehicles.
It doesn't work from Mhz, but it does mileage. Rotate tires - fan replacement, checking, etc
Is there a more dynamic method with other variables?
I don't mean a calculator to know how much 1 TH will mine, but a calculator which uses that as a variable, the power as a variable, even maintenance, downtime, Bitcoin difficulty, even pool difficulty.
I don't mean a calculator to know how much 1 TH will mine, but a calculator which uses that as a variable, the power as a variable, even maintenance, downtime, Bitcoin difficulty, even pool difficulty.
There's no such calculator because it's too simple. Since difficulty is stagnant and dances from 40B to 43B in the last 3.5 months, all those variables boil down to simple 1 THs produces 0.35 BTC per month minus expenses. Those expenses are electricity and maintenance, which are constants. Why do you need fancy calculator for that?
This pool had amazing luck. Since understanding how luck works much better after this thread, I'll say the luck was great and I look forward to saying such again in the future, but no matter how hard I wish upon a star I cannot predict it
Simple n00b question for you guys.
What is the best way to determine a price for your miner when renting?
I read many threads discussing setting the price, and I have not seen a post by someone who said 'use this formula' or 'this website does it like this'. I understand the power usage amount, the estimated amount say 1 TH mines per day, and how it correlates to difficulty.
Is there a more dynamic method with other variables?
I don't mean a calculator to know how much 1 TH will mine, but a calculator which uses that as a variable, the power as a variable, even maintenance, downtime, Bitcoin difficulty, even pool difficulty.
Maybe I am going to far for my initial question, but any input is appreciated. TY!!
Simple n00b question for you guys.
What is the best way to determine a price for your miner when renting?
I read many threads discussing setting the price, and I have not seen a post by someone who said 'use this formula' or 'this website does it like this'. I understand the power usage amount, the estimated amount say 1 TH mines per day, and how it correlates to difficulty.
Is there a more dynamic method with other variables?
I don't mean a calculator to know how much 1 TH will mine, but a calculator which uses that as a variable, the power as a variable, even maintenance, downtime, Bitcoin difficulty, even pool difficulty.
Maybe I am going to far for my initial question, but any input is appreciated. TY!!
I am going to link you to another pool https://www.f2pool.com/help
it shows its payout rate per th right now it is 0.0116977 btc a th daily this is the current rate - 4% ……. if you are renting your gear you want 25% more for your gear.
If you want to rent gear you want to pay exactly number give or take 5%. quick easy to know.
