Help with calculating Profits

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CSZiggy
Posts: 662
Joined: Wed Jan 31, 2018 2:44 pm

Re: Help with calculating Profits

Post by CSZiggy » Fri Feb 16, 2018 7:48 pm

Coin payout choices then?

If I could select just the people who picked LTC for payouts then maybe that line would reflect what I got paid out and might match?

If the next day half the coins go down and the other half go up during the day, wouldn't the payout stay the same on the expected chart?
But if I'm picking one of the coins for my payout coin that went down wouldn't I get less payout than the day before?

Not sure what all figures goes into the expected payout chart but I have never hit it the times I have tested here, always under. If some new fixes were put in recently I'll run another test and post up the results again.
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Steve Sokolowski
Posts: 4585
Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

Re: Help with calculating Profits

Post by Steve Sokolowski » Sat Feb 17, 2018 11:31 am

CSZiggy wrote:Coin payout choices then?

If I could select just the people who picked LTC for payouts then maybe that line would reflect what I got paid out and might match?

If the next day half the coins go down and the other half go up during the day, wouldn't the payout stay the same on the expected chart?
But if I'm picking one of the coins for my payout coin that went down wouldn't I get less payout than the day before?

Not sure what all figures goes into the expected payout chart but I have never hit it the times I have tested here, always under. If some new fixes were put in recently I'll run another test and post up the results again.
If you're willing to run this test again, then I suggest a change to make it as accurate as possible. Use two miners, one at each pool, and run them simultaneously.

That will eliminate two possible issues. First, the changes we made recently will be accounted for, and second, the prices won't affect your earnings. During a time of price increases, you would expect to earn more each subsequent day, so if you started the first day at one pool and the second day at another pool, and then switch back and forth each day, the second pool will always be more profitable than the first because that second day will have higher prices than the day before.
rendesu
Posts: 9
Joined: Wed Oct 25, 2017 7:35 am

Re: Help with calculating Profits

Post by rendesu » Mon Feb 19, 2018 1:44 am

I see...thanks for the information everyone. I think I got a better understanding on mining on pro-hashing. I will just need to do testing based on everyone's methods.
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