Instead of calculating just a base scenario (which every other calculator on the web does) I wanted to come up with different scenarios to get an idea of what could be. Obviously any slight change could drastically alter these assumptions, but let’s take a look at the different scenarios.
ZCASH HASH CALCULATOR UPDATE
I do not account for any significant changes to the underlying algorithm, such as the “Casper” Ethereum update (see ‘THE DIFFICULTY BOMB’ below).I do not run any scenarios of converting a currency into another currency.I assume we hold all coins until the end of the contract, and assign a value to the portfolio based on $USD.I attempt to cover the shortfall in network hash rate with two different scenarios (shown below).This assumption I am the least confident about, as network hash has been shown to deviate at certain times The base network hashrate follows along very closely with the movements in price.
ZCASH HASH CALCULATOR FULL
I covered the full methodology in a prior blog post The forecasted price method is a Monte Carlo simulation using a geometric Brownian Motion ran 1,000 times.THE ASSUMPTIONSĭue to the difficulty in forecasting both price and nethash, I was forced into a few assumptions: These are merely simulations that have their own issues and pitfalls, and are not to be used as the end-all, be-all decision. Note: Do not take any of the words in this post as financial advice or recommendations. Įach cryptocurrency has three contracts, and I will formulate 4 different scenarios to try and capture a profitability “range”. Each of these cryptocurrencies is currently available on the website as of. What I will attempt to do in this exercise, is build a profitability calculator for Ethereum, Monero, and Zcash. Where the network hashrate (aka, the mining power of the entire network) will fluctuate over timeīoth of these inputs are extremely volatile, and have a huge degree of uncertainty in the near and distant future.Where the price of the currency will fluctuate over time.The problem exists, because of two major uncertainties surrounding cryptocurrencies: While the user is able to see the upfront cost, they are unable to get an idea of how many coins they will receive by the end of the contract. “How profitable is contract?” - Everybody, ever While Genesis Mining has done a great job breaking down a complex problem into an easy-to-understand business model, users consistently have one big question:
In turn, they receive daily payouts of whatever specific cryptocurrency they purchased the contract for. Users who are able to successfully verify the transactions receive fees and rewards in the form of brand new coins.Īnd Genesis Mining stands as the largest cryptocurrency cloud mining company in the world.Ī user can rent “hashing power” in the form of a two-year contract from Genesis for a one-time, upfront fee.
Please send email if you want to receive official reply from us. Read Quick start guide and FAQ before you ask. Sorted for AMD GPUĭiscuss, ask general questions about pool minig and miningpoolhub usage. Lower than any other pools.Ĭoin mining status and profits. Setting start difficulty, Baikal miner settings, Forum Good for GPU miners but need some knowledge to set up and optimize. You can mine different algo coins by using Hub feature, or third party mining helper programs. These ports switch coins time to time to mine the most profitable coin. We provide auto switching port for each algo. Just start mining with appropriate miner and algo right away. Select any coin and check its port number. Set the coin you want to get at Auto Exchange page.ETH PoW related decision is not made yet. We feel sorry that support was not fully responsive as before recently. We will review, reply, solve and support to every email and issue sent to Ĭatching up the previous history and mails to recover the empty gap. We closed Korean language page due to legal issues in Korea
0 kommentar(er)
