Register miningcity here: https://bit.ly/2BmmszJ
Or user refferals code: vansu
How to calculate profit per day
Because Mining City has just updated its mining contracts, including two new packages, $ 300 and $ 12,600, no longer $ 3500, so I also updated the calculation of the new packages for everyone to easily imagine. Please.
The first is the $ 4200 package
Specific details of the $ 4200 package are as follows:
Price: $ 4200
The acquired hash rate: 42 TH / s
Contract term 1,100 days (+100 days when buying this peach package with BTCV)
Electricity cost: $ 0.0475 / kwh (this $ 4200 package consumes 2520W)
Pay attention to Coin Prices, Total Hashrate, Block Rewards
At the time of writing the value of BTCV is $ 138 and the total Hashrate (TH / s) of the BTCV network is reaching 3.9 EH / s = 3,900,000 TH / s
Because BTCV halving every 6 months, Block Rewards received on every 10 minutes of the entire BTCV network is as follows (I calculated within 4 years, if after 4 years Mining City updates the new reduction rate, I will update this article again. )
Time of writing – May 2020): 150 BTCV / 10 minutes = 1 day of digging 21,600 BTCV
November 2020: 125 BTCV / 10 minutes = 1 day digging 18,000 BTCV (down 16.6%)
May 2021: 100 BTCV / 10 minutes = 1 day mined 14,400 BTCV (20% reduction)
November 2021: 75 BTCV / 10 minutes = 1 day dig 10,800 BTCV (25% reduction)
May 2022: 50 BTCV / 10 minutes = 1 day mined 7,200 BTCV (down 33%)
November 2022: 25 BTCV / 10 minutes = 1 day digging 3,600 BTCV (50% reduction)
May 2023: 12.5 BTCV / 10 minutes = 1 day digging 1,800 BTCV (50% reduction)
November 2023: 6.25 BTC / 10 minutes = 1 day digging 900 BTCV (50% reduction)
Formula to calculate profit per day
We will have the following formula:
First calculate the “Total Coin Diggable” in 1 day (also known as revenue)
a. Total Volume = (Total TH / s you buy / Total TH / s of the whole network) x Block rewards / day
= (42 TH / s / 3,900,000 TH / s) x 21,600 = 0.23 BTCV / day x 138 $ = 32,1 $ / day
Next, calculate daily electricity costs (costs)
b. Electricity cost = (Electricity price / hx electricity consumption (Kw) x TH / s you buy x 24h / day)
With the $ 4200 package (1TH / s consumes 60w = 42TH / s consumes 2,520w = 2.52Kw / h)
The cost of electricity would be = (0.0475 x 2,520 x 24) = $ 2.87 / day
So Daily Digging Profit = Revenue – Costs
= $ 32.1 – $ 2.87 = $ 29.23 = 0.211 BTCV / day
With the $ 4200 daily benefit package of $ 29, per month you have a profit of $ 870 so it takes 5 months to pay back your investment. and you have 2.5 years to profit.
The remaining contract packages are calculated similarly to the $ 4200 package.
The price of bitcoin vault increased from $ 24 to $ 285 in just 3 months from March 2020 to June 2020. Bitcoin Vault is an investment opportunity for you in 2020.
Top sites earn free bitcoin and Highest paying Bitcoin
1. ADBTC – BTC PTC : https://bit.ly/30KBWYN
2. BTCCLICKS – BITCOIN PTC : https://bit.ly/3a9ydGW
3. BITSHARK – FAUCET : https://bit.ly/2PyQUKR
4. FREEBITCOIN – FAUCET : https://bit.ly/2Cf5uEk
5. Cointiply – Faucet: https://bit.ly/3iiRdFZ
Top site free mining crypto:
Miningcompany LTD: Get $1 and 100gh/s free mining: https://bit.ly/2XO5ORY
