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Erkan-Yilmaz / Gridcoin-tasks

tasks, wishes, ideas, ... for the Gridcoin project
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profitability calculator #16

Open Erkan-Yilmaz opened 7 years ago

Erkan-Yilmaz commented 7 years ago

e.g. to find out which BOINC project is good for your hardware

useful for newcomers and "veterans", but newcomers always ask:

Possible via XML files, but:

mentioned in hangout 2: 5:00

grctest commented 7 years ago

https://cryptocointalk.com/topic/50952-gridcoinboinc-profitability-calculations/

Startail seems to be taking up the challenge! We may see some form of profitability calculator on gridcoinstats.eu in the future.

startailcoon commented 7 years ago

I am, but are still in the progress of finding what sources we can use for these statistics. Until we find any other source I will continue to explore the possibility of making some good balanced general stats from the hits files of each project.

grctest commented 7 years ago

How could we simplify the profitability calculator for use on the many crypto profitability calculator websites?

Think we could get away with simply stating that 'magnitude' is our equivalent of Mh/s?

(((Mag/TotalMag)DailyReward)Current_GRC_Value)-(operational costs) = 24hr profit estimation

We could potentially get listed on several profitability sites with the above, though it wouldn't be good for new users who don't have a RAC nor MAG.. hmm

tomasbrod commented 7 years ago

Individual projects can be compared by the following formula:

$prj['coinval']= (($prj['rac'] / $prj['netrac']) / $prj['rec']) *1022222.22222222;

Where rac is host_expavg_credit, rec is rec from client_state.xml and netrac is 4th field from output of comman gridcoinresearchd execute explainmagnitude2.

tomasbrod commented 7 years ago

Here is example of that calculation. It takes data from notebook so not so good. http://brod.holes.sk/comp.boinc/a.htm and I attach the source in PHP BoincStats.txt.