gridcoin-community / Gridcoin-Tasks

Gridcoin community tasks repository
https://gridcoin.us
MIT License
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profitability calculator #18

Closed skcin closed 5 years ago

skcin commented 6 years ago

Issue by Erkan-Yilmaz Saturday Jan 21, 2017 at 14:28 GMT Originally opened as https://github.com/Erkan-Yilmaz/Gridcoin-tasks/issues/16


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

skcin commented 6 years ago

Comment by grctest Saturday Jan 21, 2017 at 19:26 GMT


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.

skcin commented 6 years ago

Comment by startailcoon Tuesday Jan 24, 2017 at 10:44 GMT


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.

skcin commented 6 years ago

Comment by grctest Wednesday Apr 12, 2017 at 10:47 GMT


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

skcin commented 6 years ago

Comment by tomasbrod Wednesday Apr 12, 2017 at 16:10 GMT


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.

skcin commented 6 years ago

Comment by tomasbrod Friday Apr 14, 2017 at 09:17 GMT


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.

NeuralMiner commented 5 years ago

A user has created a site to measure profitability: http://grcquickmag.hopto.org/cgi-bin/script.cgi