Is Mining Ethereum More Profitable Than Nicehash Hashflare Mining Calculator

Transact with currency eth calculator cloud mining large Bitcoin Given the risk and volatility in cryptocurrencies I would need to see that kind of return for it to be worth the risk to me. Hardware mining is less and less easy and for some popular Price History Of Bitcoin Cash If Bitcoin Mining Gets Easy As Ethereum Mining it gives less and less profit. I think there's other ways, maybe periodically reinvesting some fraction. Use Bitcoin pool cloud mining very esay and profitable https: I found that it's not really worth it to reinvest anymore, the profit doesn't change much and my ROI is delayed. Would you happen to know it? Does anyone know how the price increase on Hashflare works? I tried to convince people go all in since not one listened. Profit Summary Daily Earnings. I think a exponential decay model fits the data better but for the sake of ease I think a linear model will suffice. As of now you have to insert your values and wait about 5 seconds to re-calc. If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. More Calculators Bitcoin isn't the only cryptocurrency you can mine, check out some of our other calculators to see if another currency can be more profitable for you. It goes from At what price would cloud mining be worth it? What you ended up is what people hinted at 3 monthsbut this will vary with difficulty which we can't accurately predict. However your initial hash purchase will end in days no matter if you reinvest. I think a lot Binding Failed Binance How To Close Position On Poloniex YouTubers aren't Bitcoin Anonymous Card Ubuntu Litecoin Miner into account difficulty and it's getting WAY too many people hyped into thinking they're going to be millionaires in a year or two. The math is there What would be better is manually reinvesting when bitcoin is higher in value so you get more hashrate. HashFlare runs out of Hash to sell, so we can't reinvest. Home Calculators Bitcoin Bitcoin Mining Profitability Calculator Whether you're looking to get started in the world of cryptocurrency mining or you're a pro, this calculator can tell you your profit margins based on the current bitcoin mining difficulty and the Bitcoin price BTC to Dollar USD rate. This takes some guesswork but the best indicator is the past. That way you can also just see when its going to become less and less Gold Mine Bitcoin Program Calculate Hashrate Ethereum to keep reinvesting. That's a very agressive difficulty increase - wouldn't it scale with the hash rate of the network though, not the price? Yes, you can reinvest forever - it Is Mining Ethereum More Profitable Than Nicehash Hashflare Mining Calculator always Bitcoin Real World Use Why Is Litecoin Up Today another small contract for new days. For the second one, it would mean making the use of the calculator even more difficult, I wanted to keep it clean-ish. This will provide the baseline static analysis. There are other calculators around sort by top posts in this sub that are good, some are much better! This is actually one of the flaws with the calculator over a longer period - I think they would have Bitcoin Prices 2018 Ethereum Gpu 1gb decrease mining fee over time, but I have no idea how to model it. Calculations are based on mean values and do not account for difficulty, price and exchange rate fluctuations. But it's still profitable for me. The smallest unit of hashrate you can buy on Hashflare is 0.

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Price of LTC skyrockets thus mining profitability as well and if you are able to purchase the hashes before the sellers are able to adjust the price you made a profit. I didn't understand your first suggestion related to the fee. But when difficulty increase so is the BTC value. It's rather simple really, If the people renting out their miners to nicehash could make more money by solo or pool mining, they would do so Otherwise how will the difficulty increase work? Also, trying to forecast so much into the future Your on the lower edge of the stick. That said, I wouldn't personally invest in this now at this price, I don't regret at the price I did. Lets say the price of ETH does double in a year. That would yield 0. They have just 1. I want to know if there is some way to predict when the price is going to increase again. I currently buy hashpower from Nicehash and make a small profit. Well let think about this, when you got over th at 15, or now look at that I plan on trying to get a more complicated version started tomorrow. This is actually one of the flaws with the calculator over a longer period - I think they would have to decrease mining fee over time, but I have no idea how to model it. Whether you're looking to get started in the world of cryptocurrency mining or you're a pro, this calculator can tell you your profit margins based on the current bitcoin mining difficulty and the Bitcoin price BTC to Dollar USD rate. I already rented to mine: Best thing is no one sells. I'm a bot, bleepbloop. The other two would definitely be nice. Can you make he changes and upload a new version so that someone could reinvest longer. That's my advice, but do your research. But in the future I might just do a new calculator to micro manage after How To Set Up Bitcoin Mining Machine Ethereum Dual Mining Sia inital reinvestment period. They have just 1. I've been using the extension hashfair reborn since yesterday and I like it if you haven't tried it. Please correct to allow one to re-invest for more than 1 year, perhaps 2 or even 3.

Bitcoin Mining Profitability Calculator

In the calculator, this is seen when you have hash available, but Bitcoin Mining Cloud Hosting Genesis Mining Lifetime Contract payout is 0 i set min 0or it would actually be negative. And yeah give me a sec, gotta log into nicehash to get all the info. I think there's other ways, maybe periodically reinvesting some fraction. Does this include the mining fee? I think you have this compounding monthly instead of daily. Also, what about adding a temporary holds to reinvestment. We will highlight some of the risks and rewards of buying the 2 year maintenance free Caluclator contract for other guides check out Bitcoin, Litecoin, and DASH. With the ups and downs of the market value, and crashes. Basically they're good for generalization, but need frequent user input due to bitcoin volatility. Please note that calculations are based on mean values, therefore your final results may vary. This excel is little buggy. Otherwise how will the difficulty increase work? Platform that mining eth calculator cloud currency because The chart above shows the Ethereum network hashrate growth. This will provide the baseline static analysis. Please see the first post. I saw many calculators around the sub thanks for those by the way! For Ethereum I like this calculator. Profit Summary Daily Earnings. Personally I have stopped reinvesting, I'm at 3 weeks now. These are just a projections based on a static analysis and a guesstimate of where mining difficulty will be in the future. Hardware mining is less and less easy and for some popular cryptocurrencies it gives less and less profit. That would yield 0. I noticed there is an EOC section and says that all contracts would end in X amount of days. HashFlare runs out of Hash to sell, so we can't reinvest. You should be aiming at all currency or buying and flipping. No need to be fancy, just an overview. The results it outputs below are daily, weekly, monthly and yearly estimated profits, along with the amount of time, in days, it will take to breakeven, taking in to account your initial contract fee, or hardware costs. BigBall on October 29, , So I am wondering how exactly do people make a profit from buying hashing power from nicehash? Merited by beachbummer 1. Log in or sign up in seconds. I recently tried out nicehash to see if i could make a profit from it, I deposited btc to my account on nicehash and then i purchased scrypt hashing power to mine litecoin, but I ended up losing half of my money doing this Maybe allow days max for now? Well let think about this, when you got over th at 15, or now look at that I'm gonna try to make an algorithm next week and maybe post something useful for once.. Want to add to the discussion? Oh yeah, I forgot to share that. Someone has linked to this thread from another place on reddit:. Hashflare; Genesis mining; NiceHash; 18 Answers. To make things easier, I got NiceHashBot from github and I developed a Handler that checks the price and the mining situation online Calculators like these usually provide you with an underestimation of profits, which is great for safe playing, but not for comparing actual results. Read more about Ethereum. Assuming this trend will continue for a while the seller can undervalue his price a bit to ensure someone will buy it Who gets screwed at the end of what contracts?

More Calculators Bitcoin isn't the only cryptocurrency you can mine, check out some of our other calculators to see if another currency can be more profitable for you. For Ethereum I like this calculator. I recently tried out nicehash to see if i could make a profit from it, Which Cryptocurrency To Invest In Now What Am I Buying When I Buy Ethereum deposited btc to my account on nicehash and then i purchased scrypt hashing power to mine litecoin, but I ended up losing half of my money doing this The problem with a static analysis is that network hashing power does NOT stay the. They lost it all. Also, trying to forecast so much into the future My main Check Your Bitcoin Address Litecoin Upswing would be is it profitable because the underlying cryptocurrency went up, or because the mining itself was profitable? In this example, Hashflare. Yes, you can reinvest forever - it will always be another small contract for new days. I have updated the sheet, doesn't look as good now, but as always there's a million variables we can't predict. Author Write something about yourself. To make things easier, I got NiceHashBot from github and I developed a Handler that checks the price and the mining situation online Welcome to Reddit, the front page of the internet. If it crashes again will you continue to mine or sell? If you know a better way it would be a great addition! Please see the first post. I'm gonna try to make an algorithm next week and maybe post something useful for once.. This will provide the baseline static analysis. Would you happen to know it? After a while the difficulty really adds up and makes it kind of not profitable. Anyway, I put your 0. So then we follow step 1 again using the static calculator. The only way to get that ROI is if I had another 12 more ati x in Hashflare has an automated reinvest feature that will buy the maximum amount of new 10 GH contracts with each days payouts, though this is not really ideal. Someone has linked to this thread from another place on reddit: HashFlare changes contract terms mid-stream again. Personally I have stopped reinvesting, I'm at 3 weeks now. The idea is to reinvest for x amount of days, then withdraw after. It reinvests daily, making you a new contract based on your balance. I think a exponential decay model fits the data better but for the sake of ease I think a linear model will suffice. Basically they're good for generalization, but need frequent user input due to bitcoin volatility. Thank you for this. Otherwise how will the difficulty increase work? And on top of that it would be nice to see what the percentage of fee your paying compared to payout. Kayaman85 on October 13, , I plan on trying to get a more complicated version started tomorrow. I can get Who knows where the network hash rate will be in 2 years.

Use Bitcoin pool cloud mining very esay and profitable https: It will, under the right circumstances increase total profit considerably. But, now a days, there is no currency that is paying off No need to be fancy, just an overview. With Hashflare's auto-reinvest it buys around the same time each day regardless of bitcoin value. But in every calculator it ends up start to lose money bit by bit day by day. All above is considered with current btc price. This is actually one of the flaws with the calculator over a longer period - I think they would have to decrease mining fee over time, but I have no idea how to model it. Because if it goes up, that is simply a bonus. You eth cloud mining calculator currency You can't Use a static calculator. Factoring in the growth rate of block difficulty is the most important factor when determining cloud Is Bitcoin Forking Again Litecoin Mining Free Online profitability. Read more about Ethereum. I've been using the extension hashfair reborn since yesterday and I like it if you haven't tried it. Basically they're good for generalization, but need frequent user input due to bitcoin volatility. Bitcoin Forum April 24, Seems like a good way to throw your money away the way I did it. I can see on btc. So the current "payout" is already daily accumulated is the balanceI agree it would be nice to add fee Local Bitcoin Fees You Tube How Does Kraken Price Litecoin percentage. Personally I have stopped reinvesting, I'm at 3 weeks now. I took it off because I didn't want people to invest in something that is not fully open about what they're doing, and potentially only borderline profitable. I am a bot, and this action was performed automatically. Whether you're looking to get started in the world of cryptocurrency mining or you're a pro, this calculator can tell you your profit margins based on the current bitcoin mining difficulty and the Bitcoin price BTC to Dollar USD rate. It will probably be overly complicated though. What I did was check my recent payouts and average that, using it as my initial payout. Best of luck to you! This excel is little buggy. New to all of this, so I'm trying to wrap my head around it. Most people don't need that and I would need to add more days and make some changes, but feel free to copy and do it if you need. In this example, Hashflare. Thanks for your suggestions, and for your calculator that inspired this one. Please do your research before you put money into this no one is sure about anything though. The hashrate increases daily, meaning each day your hashrate has less claim; however, this is offset by the value of bitcoin, as bitcoin value increases, the value of your mined bitcoin increases, so as you may have less mined bitcoin each day, the actual USD amount increases. Its just a cemetery for money. Mining fee as a percentage of your payout. Does this include the mining fee? Read more about Ethereum. I'd love to see an option for that in your spreadsheet. But in every calculator it ends up start to lose money bit by bit day by day. I would love to know that: So the current "payout" is already daily accumulated is the balance , I agree it would be nice to add fee and percentage. Nicehash got hacked, think of all the people who thought like that? D while being fair. He also gave a more in depth explanation of the inputs and outputs here EDIT 7: It is not possible to predict, though some people conjecture that the correlation with Antminer products recent increase in price is actually the reason for the price increase. Hero Member Offline Posts: You need to make a realistic estimate of how the network hashrate will increase because it will reduce the amount you get from mining each day. Happy to know it's being useful. Then buy ETH directly.