Ethereum: How can I compute mining profitability? [duplicate]

Professor of mining: Ethereum Instrument Mining Guide

As a desirable investor and cryptocurrency miners to understand how to calculate the profitability of mining industry, it is important to make conscious decisions on your investment. In this article, we will study some techniques, graphics, spreadsheets, calculators and other tools that can help calculate Ethereum’s profitability.

Why are profitability calculated?

Mineral profitability is calculated by determining the pure revenue generated by one block in relation to the cost of mining industry. This calculation helps the miners determine whether their contribution is cost effective or not.

Calculation of profitability:

1
HASH Rate Message (HRR)

: This technique calculates the percentage of the total hash rate available at a certain price.

• Lock Compensation : The blocking compensation is the amount of new cryptocurrency units created in each block that can be used to calculate profit.

3

Graphics and Tools:

1
Hash speed schedule : Platforms such as cryptoslate and blocked researcher offer hashre -Rate graphics that over time show the variations of the hash speed, making it easy to calculate profitability.

Index

3
Food Cost Calculators : Tools such as PowerCalculator and Etherscan offer energy cost calculators that allow you to connect the electricity costs and calculate the revenue generated by selling the resulting cryptocurrency.

Calculate pages:

1
Excel Models: You can use Excel models such as those located in Cingecko or Cryptic, which provides pre -established formulas to calculate profitability.

• Google Pages : Google pages are another option to create personalized calculation pages to calculate mining profitability.

Calculators and sites:

1
Ethereum Calculator Cingecko : A complete calculator that allows you to place electricity costs, block reward and hash rate to calculate profit.

• Cryptoslate : A platform that offers a variety of calculators, including one to calculate the profitability of mining using hash rates and blocks.

3
Block Explorer : Web -based platform that provides graphics, tools and calculators to help you look at mining profitability.

tips and considerations:

• Calculate with the right electricity cost : Use the exact cost of electricity in the calculation to guarantee accuracy.

• Use real -time data : Choose a calculator or tool that provides real data on hash rate and energy costs to make conscious decisions.

3
Consider market fluctuations : Follow market fluctuations and adjust the calculations accordingly.

Using these techniques, graphics, tools and calculators, it is possible to gain a better understanding of Ethereum’s profitability and make more informed investment decisions. Remember to always calculate with real electricity costs and consider market fluctuations when making a decision.

BITCOIN CHAIN LOWER