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    Difference between "Real world" & the Feathercoin Mining Profitability Calc.

    Mining
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    • C
      Candocoin last edited by

      Hello everyone!

      I would like to get a feel for the accuracy of the Mining Profitability Calculator. Not looking for specific numbers or anything or how much everyone is successfully mining, but I have created a poll with some general responses.

      The reason for my curiosity really comes down to the term “luck” being used a fair amount when it comes to questions about successfully finding a block.

      An example would be:

      Diff: 140.14317576
      Hash rate (KHash/s) : 3320
      FTC/USD: 0.630693
      Power 1300w
      Electricity rate ($/kWh): $0.17

      These figures yield results of:

      Coins per day 95.31253178563648 FTC

      So as I mentioned, id like to get a feel for how accurate this is. Are you successfully receiving the right amount of FTC per day as the calculator would suggest? For your respective hash rate of course…

      If you care to join in on the poll that would be most appreciated and informative!

      Thanks!

      Cornelius

      EDIT:

      SO it seems like I used the wrong function and can’t add my poll!

      Anywho, the options would have been:

      [b]Q[/b]: [i]Are you successfully receiving the right amount of FTC per day as the calculator would suggest? For your respective hash rate of course…[/i]

      [list type=decimal]
      [*]Exact same amount
      [*]Pretty darn close.
      [*]Some days yes some days no
      [*]I wish! Not even close to hitting those numbers.
      [/list]

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      • T
        Tuck Fheman last edited by

        My estimates are usually within a few coin of actual results.

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        • F
          finalbillybong Regular Member last edited by

          It’s pretty much spot on for me give or take one coin.

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          • Wellenreiter
            Wellenreiter Moderators last edited by

            Overall the calculation seems to be correct…

            … if you mine 24x7 or use a pps pool AND build the average per month or even per quarter.

            • Use of a pplns pool gives disadvantages to non-24x7 miners as you are only paid if you are mining, when a block is found.

            • Any day to day comparison is not correct, as there are lucky and unlucky rounds

            Feathercoin development donation address: 6p8u3wtct7uxRGmvWr2xvPxqRzbpbcd82A
            Openpgp key: 0x385C34E77F0D74D7 (at keyserver.ubuntu.com)/fingerprint: C7B4 E9EA 17E1 3D12 07AB 1FDB 385C 34E7 7F0D 74D7

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            • C
              Candocoin last edited by

              Great replies everyone!

              Informative and pleasantly surprising! :D

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              • E
                Ernesto last edited by

                aclarado… ;D

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