Mining profitability calculator: how to calculate income in Coincalculators

How to Calculate Coincalculators Income

Today we will consider the profitability calculator for mining CoinCalculators.

Traditionally, consider the home page tools.

Site – https://www.coincalculators.io

Coincalculators Homepage Tools Overview

главная страница калькулятора CoinCalculators

At the top of the page are popular currency rates. In total, six cryptocurrencies are displayed, and the rate is shown in dollar terms.

Below the center is the calculator menu. Here you can choose why we are calculating:

GPU – these are ordinary video cards (the screenshot of the main page is just a page for calculating the value for mining on video cards). Now the calculator allows you to calculate the profitability for 17 video cards.
ASIC – this is special equipment whose hash rate is higher than that of video cards. Currently, CoinCalculators is calculating the cost for three ASICs.
Coins – Here are all the coins that are on the site. Using this section, you can calculate the profitability for mining a certain coin on your equipment.
Dual mining – This is mining in a dual: when you simultaneously mine two different coins of two different algorithms.
Converter – Here you can see how much of a certain cryptocurrency you will buy another cryptocurrency. For example, how much Ether can you buy for 1 Bitcoin.

To the right of the menu are links to documentation:

API – all documentation and API usage
Contact – here you can ask your question of site administration

Below is a section for selecting a model of equipment – it varies depending on the selected menu section.

The following are common sections for all menu tabs. This calculation is based on the cost of electricity. Here you can enter the cost of electricity and the calculator will calculate your income minus the amount you pay for energy. Learn that the amount in dollars fits.

You can also select the period of time for which the calculation is carried out: 24 hours, 6 hours, 3 hours, calculation at the moment (Current).

Profitability calculation for GPU

The CoinCalculators calculator calculates mining profitability for the following video cards:

There are 17 of them: 280x, 380, 390x, Fury, 470, 480, 570, 580, Vega56, 1080Ti, 1080, 1070Ti, 1070, 1060, 1050Ti, 750Ti.

In order to calculate the yield for your farm, select:

The video cards that make up your farm. For example, you have 6 1080Ti cards. In the column “1080Ti” we put instead of “0” – “6”. Click on the name of the card so that it lights up in red.
Algorithms for which we want to calculate the cost. As soon as you select a card, the system immediately updates the data for each. By default, all possible algorithms are selected, but you can cross off those that you are not interested in (for example, you can immediately see that they produce few hashes or consume too much energy). To do this, just uncheck the box to the left of the algorithm name:
We set the price for electricity (in dollars). You can not set it – leave it at “0”.
We select the time period for which we are calculating. The default is 24 hours.

After you have set all the necessary parameters, click “Calculate” – the blue button in the lower right corner.

Before you start mining a specific coin, see which algorithm is best for your card.

After you have made the calculation of profitability, the calculator will offer you coins that are profitable to mine on your equipment. They will be located under the table with algorithms in order of decreasing profitability: the most profitable at the top, the most disadvantageous for mining – at the bottom.

Calculation Example

Let’s give an example: let’s say you have 6 1080Ti cards and you want to find out which coin is better to mine.

We expose the number of cards – 6. Click on the name of the card “1080Ti” so that it lights up in red.
Leave the checkboxes opposite all the algorithms – then the calculator will show us the most profitable coins of all.
Do not touch the price of electricity – leave at “0”.
We calculate the income for 24 hours – it is the default.

CoinCalculators gives us the following results:

пример дуал майнинга- результат калькулятора

All results are presented in table form. The values of each column are:

The first column (Cryptocurrency / Algorithm) – is the name of the coin and its algorithm
Second (Difficulty (24h) / Nethash (24h)) – coin mining difficulty
Third (Block Time / Block Reward / Last Block) – parameters for solving the block
Fourth (Price in BTC / Price in USD / Price Change (24h)) – cost in bitcoins, dollars and price change in 24 hours
Fifth (Market Cap 24h Volume) – market volume (capitalization)
Sixth (Est. Rewards 1h / Est. Rewards 24h) – reward for 1 hour / for 24 hours
Seventh (Revenue Profit) – the most important – profit (calculated in dollars). The first line is the profit at the moment, the second line is the profit for the next 24 hours.

Thus, according to all parameters, the most profitable coin for mining at 6 1080Ti at the time of writing (June 25, 2018) is the Crowdcoin coin – it will bring $ 13.16 in 24 hours.

Next come the coins of Nilu ($ 11.9), Absolute ($ 10.97), MOAC ($ 10.95) and so on.

Profitability calculation for ASIC

Calculation of profitability for ASICs follows the same algorithm as for video cards:

We choose the ASIC model – CoinCalculators calculates the profitability for three ASICs: S9, L3 +, D3.
Choose an algorithm. This section is more complicated – it is under development, as the calculator calculates the income for the coins of all the presented algorithms. But ASIC is released under one algorithm (maximum 2, if dual). Therefore, carefully look at this section and uncheck all algorithms except the one you need:
- S9 mining the SHA-256 algorithm
- L3 + mining scrypt algorithm
- D3 Mining Algorithm X11
We set the price for electricity (in dollars). You can not set it – leave it at “0”.
We select the time period for which we are calculating. The default is 24 hours.
Click “Calculate” – a blue button in the lower right corner.

Let’s give an example: let’s say you have one AS9 ASIC. To calculate the cost, select:

Opposite “S9” we set 1. Click on the name “S9” so that it lights up in red (if it does not light up, make sure that the numbers in the graphs with the algorithms have changed).
Opposite “S9” we set 1. Click on the name “S9” so that it lights up in red (if it does not light up, make sure that the numbers in the graphs with the algorithms have changed).
Do not touch the price of electricity – leave at “0”.
We calculate the income for 24 hours – it is the default.
Click “Calculate”

We are given the following results:

пример майнинга на ASIC - результат калькулятора

The columns of the table are named the same as in the GPU output. It turns out the most profitable coin for mining on ASIC S9 – this is Peercoin – it will bring you $ 4.59.

Calculation of profitability for mining in dual

Mining in dual is when you mine 2 coins of different algorithms on the same equipment at once.

Therefore, the calculator is slightly different from those described above. You need to set the following parameters in it:

1 – select the main coin. You can choose: Ethereum, Pril, EthereumClassic, Ellasim, Musicoin, Metaverse, Expanse, DubaiCoin, Akroma.
2 – select the second coin. You can choose: Verge Blake2s, SmartCash, Maxcoin.
3, 4 – set a hash rate for each coin. The most common choice is the default.
5 – we charge for electricity (in dollars)
6 – click “Calculate”.
7 – the counting results will be shown in this table.

Let’s give an example: suppose you consider the income from the dual ETH (Ethereum) and XVG (Verge Blake2s).

set these coins in columns No. 1 and No. 2.
set the hashrate (we leave it by default: for Ether 90 Mh / s, for Verge – 4 Gh / s)
we don’t charge electricity – we leave “0”
click “Calculate”.

The table below immediately displays the values. Let us indicate the columns of the table so that you better understand what is at stake:

пример рассчета доходности монеты - результат

1 column – the period for which the calculation is carried out: hour, day, week, month, year
2 column – commission of the first coin (if you set the commission of the pool)
3 column – reward of the first coin – this is how much you get the first coin from the hashes
4 column – commission of the second coin (if you set the commission of the pool)
5th column – reward of the second coin
6th column – total reward (for Ether + Verge), equivalent to bitcoins
Column 7 – total reward (for Ether + Verge), equivalent to dollars
8 column – the cost of electricity (if you installed it)
Column 9 – the most important – the benefit (profit) that you will receive from such a dual.

In our example, for dual mining Ether + Verge, we get in 24 hours $ 3.28 is a very good result for so many hashes (approximately 3 AMD 570 cards).

How to calculate income in a certain coin?

You can calculate the profitability of mining a certain coin if you know the total hashrate of your farm.

For this:

We go to the “Coins” section and look for the desired coin there
We set the following parameters: To find out what hashrate your farm needs:
- farm hash rate is a must
- farm power (if you know)
- cost of electricity (if necessary)
- pool commission (if you want)
- cost of equipment (if you want to calculate the payback of the farm)
You can go to the “GPU” page in the calculator itself and enter the required number of cards of the desired model (of which your farm consists) – click “Calculate” – we copy hashes from the corresponding column of the desired algorithm. Please note that this indicator may differ by 2-3% since at least one model of cards is used, but their overclocking can be different.
Choose a period for calculation: 24 hours, 6 hours, 3 hours
Click “Calculate”

Below in the table we are given the results of the calculation.

Here is an example: let’s say you want to calculate the profitability of Ethereum mining, and the hash rate of your farm is 300 Mh / s (these are 6 1080 Ti cards).

For this:

Go to the “Coins” section
We find the Ethereum coin there – you can use the search bar
We fill in the following parameters:
- Specify the general hash of the farm
- We indicate the cost of ETH in Bitcoins (it is by default, but can be changed)
- We set the time period for counting: 24 hours, 6 hours, 3 hours
Click “Calculate”

The table below shows the results:

1 column – time period
2 column – pool commission (if set)
3 column – reward
Column 4 – Bitcoin reward equivalent
5 column – the equivalent of the award in dollars
6th column – electricity bill
Column 7 – the most important – the profit you will get by mining this coin

On a day with 6 cards of 1080 Ti, you will receive $ 10.3, mining Ether. This is $ 308.97 per month or 19,411 rubles (as of June 25, 18) – a good indicator.

Converter

The online profitability calculator CoinCalculators has another interesting section – the converter. Here you can calculate the value of the cryptocurrency if you buy it for another cryptocurrency.

To do this, you must:

choose what we change
choose what we change
click “convert”

Here is an example: let’s say you mined Ether (ETH) and want to buy Doge Coin for it. For this:

In the first column we look for Ether – set its amount lower – how much we want to sell.
In the second column we look for Dogikoin
Click “convert”

A sum appears in the graph under the dogs – this is how many dogs we will get for the indicated amount of Ether:

конвертер на CoinCalculators - пример и результат

Pros and Cons of CoinCalculators

Pros of CoinCalculators

Many parameters that can be set when counting
You can calculate the profitability of mining for different equipment (including dual)
Quick count

Cons calculator

The section with asics is unfinished – the algorithm must be set manually
Sometimes the site itself freezes

Output

A good online mining affinity calculator. Of course, not all parameters can be set, but there are enough existing ones. It is possible to set the real hash of the farm, which will reduce the calculation error.

There are shoals with calculating the profitability of asics, but the creators promise to remove this soon and add more asics.