Post
Topic
Board Group buys
Re: [CLOSED] R24: 8.13gh/s Immediate hash
by
hashmore
on 02/02/2014, 17:12:45 UTC

Hosting fee: $375 per round or sub round per payout
63 shares will be per round or subround
Each share is estimated at 8.13ghs
Management fee of 2.5%


Hi Thomas,
Can you correct my calculations so that they match the 0.049 BTC received to my wallet today?

Your summary spreadsheet here http://www.crypto-ops.com/?page_id=1508 says:
NET REVENUE PER SHARE   =   0.01602024   $13.20

which is 0.176 BTC (~$145) for 11 shares that I currently have. As far as I understand both 2.5% mgmt fee and $375/63 hosting fees are deducted from the gross amount like this:
$145 - 2.5%(~$3.5) - 11*375/63(~$65.5) = ~$76 (~0.0922 BTC)


Please check the spreadsheet for accurate payout data, for R24 pro-rate data is on sheet 2.

https://docs.google.com/spreadsheet/ccc?key=0ArdD1NXRwJNSdHR5bWlSUWR0cFV5Ulk1QlctZ0RpY2c&usp=sharing

If you still have questions feel free to ask.

Well, yes, it poses another question:)
The whole calculation laid out in the spreadsheet is built from the manual input of
Total Mined   0.5 (btc),
whereas your summary gives a twice as much value of ~1btc (http://www.crypto-ops.com/?page_id=1508) for 9 days, which is also supported by any online profit calc at this current difficulty.

So please clarify where's the miscalculation here. Thanks.