WINDOWS USERS - a handy hint for calculating 'minting day'.If you run your bog-standard Windows(7) calculator & go to "view" in the menu, near the bottom you'll see "Date Calculation". Check that box (or press ctrl-E), a new panel opens up to the right of the calculator.
Use the "Select the date calculation you want" drop-down to select "Add or subtract days to a specific date".
Use the date selector to input the date of the transaction you want to check, then check the "Add" radio button, use the 'days' selector to set (by now) 40 days (2nd minting) then press "calculate".
It will give you the date to expect your 2nd minting from that transaction.
Rinse & repeat as required!
(Re-posted from the
community forum)
lol
Thanks for that man. I use that calculator every day and never knew that was there.
Since we're sharing useful coin minting utilities. Check out this very informative(imo) compound interest calculator.
http://www.webmath.com/compinterest.htmlWith it you can quickly calculate your estimated Zeitcoin minting over long periods of time. Due to compounding the maths are complex and applying simple interest calculations at 25% will result in estimates that are much lower than actual.
YeahMan!
It's not subtle enough for REALLY accurate calcs about Zeit* - but it was a VERY pleasant surprise to learn that I'll mint more than I was expecting in the first few years
For those too lazy to do it themselves, here are some approximate figures for just TEN MILLION Zeit left undisturbed for just three years:-
After year 1:- 12,818,185.14
After year 2:- 15,639,809.77
After year 3:- 18,159,574.90
If this doesn't PROVE why you should hang onto your Zeit, FFS sell up now, get out, & go mine an easy PoW scam-coin
The price NOW is only interesting for buying, grab it while it's cheap. It's the price in 2017 that will determine your true worth.
* (the subtleties that this calculator doesn't account for)
1) The 'principle' isn't fully 'invested' from the start of the year, it's built up over time.
2) The 'compounding time' of 20 days doesn't divide nicely into 365 (or 366) days
3) As the 'interest rate' reduces by 5% p.a. over the first 4 years, a separate calculation has to be done for each year, another inaccuracy is therefore added because of 2)