How is "profitability" calculated? it doesn't make any sense to me. Some examples from the ASIC tab today using 0.075 $ power:
Bitcoin: Revenue is showing as $6.46, profit is showing $3.74 and the profitability is showing as 100%. There isn't any math I can figure where profitability is 100%.
Siacoin: Revenue showing 3.93 and profit is 1.59 and profitability is 60%.
The way I would normally look at profit margin or profit ratio would be profit over power so in the case of bitcoin it would be $3.74/($6.46-3.74)= 1.37 so a 1.37 or 137% profit ratio of net revenue over power. I have no clue where the 100% comes from.
Can someone help explain or point to a formula that explains the profitability calculation on the site?
Bitcoin: Revenue is showing as $6.46, profit is showing $3.74 and the profitability is showing as 100%. There isn't any math I can figure where profitability is 100%.
Siacoin: Revenue showing 3.93 and profit is 1.59 and profitability is 60%.
The way I would normally look at profit margin or profit ratio would be profit over power so in the case of bitcoin it would be $3.74/($6.46-3.74)= 1.37 so a 1.37 or 137% profit ratio of net revenue over power. I have no clue where the 100% comes from.
Can someone help explain or point to a formula that explains the profitability calculation on the site?
The naming is not accurate - its based on revenue in BTC.
100% is a base to compare other coins to either BTC or ETH.
aha! okay, well the numbers make sense then! Thanks!
I still wish it was what I was looking for but at least I understand what it is
