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Simple Calculator What range of time is used when calculating profit in this calculator? The calculator uses all the current parameters, which can be seen and changed on the Advanced Calculator page. Advanced Options also have the following parameters: They are also important for mining. Find out more about them in the next question. How does the tool calculate the growth of difficulty, exchange rate and other values?
The calculation of all the values, which have to be forecasted, is based on historical data using statisctical methods and regression analysis. To see the detailed everyday stats, you have to press the row with the month name. If you sell it for a higher price at the given moment, you will get profit.
The input-parameters are divided into Simple and Advanced options. If you are into Cloud Mining, Simple Options should be enough for you: It is especially up- to-date for the Cloud Mining. This value participates in calculating ROI.
For more flexible settings especially if you are using mining hardware , you can change the values in the Advanced Options section: Difficulty — current difficulty of the Bitcoin-network. Bitcoins per Block — rewards of the Bitcoin-network for each found block. Difficulty update days — the number of days, after which the Bitcoin difficulty updates. The calculation is based on the historical data.
Difficulty increase rate — an index, which is multiplied by the current Bitcoin-network difficulty with each new update. For example, if the current difficulty is 4 and the index is 1. Period months — a period of time, during which the mining process is expected. The default settings equal 6 months. The minimal value is 1, the maximal one is These vaules work for the bitfury chips. Month — the month, in which the calculation is being made.
By clicking on any row, you will see the detailed daily stats! ROI — return on investment. Maintenance BTC shows the commission you pay for electricity and maintenance. Net BTC Profit —this is what you really earn. The rate is calculated taking into account historic data.
GHs sell price — this tricky parameter will be useful for those who trade at cex. It shows the price and the day, according to which it is most profitable to sell GHs, so that they pay off.
For example, June 15th shows 0. It means that if you buy a GHs at the current price today and sell it for 0.
If you sell it for a higher price — you'll get profit. Bitcoins Spent — the number of spent Bitcoin. This is the number of Gigahashes multiplied by their price in Bitcoins. Total USD Profit — the number of earned money in dollars. The gradual rise of the dollar exchange rate is taken into account.
Simple mining ROI — the interest rate of your profit, if you just purchase a cloud-based miner or mining hardware under conditions and prices, and will be mining all the time without selling mining power.
USD profit with initial BTC — an approximate profit in dollars, as if you have purchased Bitcoins for dollars and they lied in your pocket.