Can somebody please help me what is the exact formula to count ZEC mining profitability?
I know there are many calculators but I want to be sure they tell me the right numbers.
u can't get exact numbers .... there alot of miners and card mods and tweaks ... u can read thro this thread give it sometime .. numbers really varies
Thanks. I mean there are these variables:
- network hashrate
- difficulty
- block reward
- altcoin price
- my own hashrate
- my own power consumption
- power kWh price
But I don't know how to calculate the actual profitability.
For example there is a calculator:
www.cryptocompare.com/mining/calculator/zecHow to (with which formula) calculate this application the actual profit?
It's very difficult to calculate profitability at any given moment because most variables change. The problem with any calculator is that they give you an amount for a particular configuration in a particular moment in time. For instance, cryptocompare currently says I should mine around 0.23ZEC/day, in reality, I'm closer to 0.19. Why? Because the hashrate isn't constant, because difficulty changes, because the price of the coin constantly changes. The only thing that doesn't change is my wattage and my price/kw.
I don't know the formula, but just mine some ZEC and see what your actual payout is on a pool over the course of a few days or hours then extrapolate. If you know your powercost, then just deduct it from what you made in ZEC and boom, there's your approximate profitability.