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Topic: NEW: Bitcoin Mining Calculator with Difficulty Change Adjusted Calculations - page 2. (Read 17306 times)

newbie
Activity: 6
Merit: 0
Anybody have an idea on how to do this?
Yes, it's very simple. All you need is a dice.  Cool
newbie
Activity: 100
Merit: 0
Looks good.  Now we need someone to write one that does do a conservative estimate of additional difficulty increases.  Difficulty increases aren't completely predictable, but writing an estimator that uses the exponential curve that best fits previous increases would be a good start.

I would gladly write that in if somebody would help me with the mathematical calculations to do this.

Anybody have an idea on how to do this?
hero member
Activity: 602
Merit: 500
Looks good.  Now we need someone to write one that does do a conservative estimate of additional difficulty increases.  Difficulty increases aren't completely predictable, but writing an estimator that uses the exponential curve that best fits previous increases would be a good start.

Nah.

What someone really needs to do is have a graphing function, and after about a months extrapolation it says something like this:

legendary
Activity: 1762
Merit: 1011
Looks good.  Now we need someone to write one that does do a conservative estimate of additional difficulty increases.  Difficulty increases aren't completely predictable, but writing an estimator that uses the exponential curve that best fits previous increases would be a good start.
legendary
Activity: 1272
Merit: 1012
howdy
Well done, it looks very good on my end!
hero member
Activity: 536
Merit: 505
+1
sr. member
Activity: 546
Merit: 253
Nice & simple yet useful. Good job  Wink
newbie
Activity: 100
Merit: 0
I have created a new "All In One" Bitcoin Mining Calculator that takes into account the difficulty change when calculating the numbers. Grin

www.kaptain.me/btc_calc.php

In addition, i have taken the unique features of each Bitcoin calculator currently on the net and put them all conveniently in one calculator.

They Include:
  • Basic Bitcoin Production Calculator
  • Estimated Difficulty Change Production Calculator
  • Electricity Cost Calculator
  • Return on Hardware Investment Calculator
  • Time Frame Profit Calculator
  • MHashas to Maintain Current Production After the Difficulty Change Calculator

I have double checked all the calculations, but if you think something is not calculating correctly, please let me know.

The calculations are based on the known estimated difficulty change.  
They do not extrapolate and account for the unknown future difficulty changes because in theory after the difficulty change we should be producing 6 blocks an hour and a difficulty change would not be needed.

My host is a little  slow, please be patient.

Thanks,
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