Author

Topic: Mining Profitability Calculator - new project! :) (Read 1217 times)

newbie
Activity: 29
Merit: 0
How come you have the "Initial Revenue / 1MH/s  / Day" as $6.27, while the page https://bitcoinwisdom.com/litecoin/difficulty gives me a 0.57 USD / day? Is there something wrong in your setting?

Indeed, it's my mistake: I forget to change the value to 0.55 USD/day.

If you want to buy an ASIC (Scrypt) for 10K USD and earn something, you have to get at least 300MH/s!  Sad

That turns the profit from +$24600 to -$7800.

That means the buyers of the first batch KnC titan may get some profits if they can receive it soon.

No, "Initial Revenue / 1MH/s  / Day" has wrong value ($6.27/day was for 11.4MH/s/day), the correct is $0.55/day.
hero member
Activity: 577
Merit: 504
How come you have the "Initial Revenue / 1MH/s  / Day" as $6.27, while the page https://bitcoinwisdom.com/litecoin/difficulty gives me a 0.57 USD / day? Is there something wrong in your setting?

Indeed, it's my mistake: I forget to change the value to 0.55 USD/day.

If you want to buy an ASIC (Scrypt) for 10K USD and earn something, you have to get at least 300MH/s!  Sad

That turns the profit from +$24600 to -$7800.

That means the buyers of the first batch KnC titan may get some profits if they can receive it soon.
legendary
Activity: 1456
Merit: 1000
Sounds impressive.  Definitely will keep a eye out to see once the calculator comes out.
newbie
Activity: 29
Merit: 0
Very interesting.  Love seeing a scrypt calculator.  Can i ask how did you come up with the difficulty increase to use?

I have collected data from December 2013  Cool
legendary
Activity: 1456
Merit: 1000
Very interesting.  Love seeing a scrypt calculator.  Can i ask how did you come up with the difficulty increase to use?
member
Activity: 73
Merit: 10
Thanks a lot
newbie
Activity: 31
Merit: 0
tks guy
that useful for me
newbie
Activity: 29
Merit: 0
How come you have the "Initial Revenue / 1MH/s  / Day" as $6.27, while the page https://bitcoinwisdom.com/litecoin/difficulty gives me a 0.57 USD / day? Is there something wrong in your setting?

Indeed, it's my mistake: I forget to change the value to 0.55 USD/day.

If you want to buy an ASIC (Scrypt) for 10K USD and earn something, you have to get at least 300MH/s!  Sad
hero member
Activity: 896
Merit: 1000
How come you have the "Initial Revenue / 1MH/s  / Day" as $6.27, while the page https://bitcoinwisdom.com/litecoin/difficulty gives me a 0.57 USD / day? Is there something wrong in your setting?
newbie
Activity: 29
Merit: 0
Looks decent, interested in trying it out. When will you release the calculator?

Probably in next week...

Anyone who owned the miner know they probably can't even ROI.

The calculation was updated!

Just curious how you come up with the 1.41% daily revenue drop estimate.

It is based on a six-month statistics (for Scrypt algorithm).
full member
Activity: 176
Merit: 100
Anyone who owned the miner know they probably can't even ROI.

Coming up with profit calculator is good, but please do more homework regarding this.
hero member
Activity: 633
Merit: 500
Just curious how you come up with the 1.41% daily revenue drop estimate.
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
Looks decent, interested in trying it out. When will you release the calculator?
newbie
Activity: 29
Merit: 0
I am proud to present my Mining Profitability Calculator (for Scrypt).
Please note this is still Beta version!

Test #1: Innosilicon A2 Terminator ASIC 90MHs Scrypt Miner:

I found A2 Terminator 90Mhs Scrypt Miner $10,000 (plus $200 Shipping)
Link here: https://bitcointalk.org/index.php?topic=596317.new#new

Price: $10,200
Revenue: $2,392 - 10,200 = -$7,808
Max Revenue Days: 175
Return Of Investment (ROI): 23.45%

https://i.imgur.com/8tr4BCp.jpg

If you have other ASIC's or Rigs for test please let me know:


1. Hash Rate [MH/s] - Scrypt
2. Initial Revenue per 1MH/s [$]
3. Power Usage [Watts]
4. Electricity Price per 1kWh [$]
5. Equipment Price [$]
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