Decred DCR Solo Mining Calculator

by
Decred DCR Solo Mining Calculator 9,6/10 513reviews

What is this? The diff change is the rate at which the network difficulty is changing every month. Diff change is used for the estimated future profits graph and break-even analysis. Typically in crypto, network difficulty tends to increase over time, meaning a miner will generate less crypto with the same hardware. Accounting for this changing difficulty is essential to generate long term profitability predictions. How is this value calculated?

The diff change value is calculated by looking at the current difficulty and comparing it to the 12 hour moving average of the difficulty one month ago. For smaller coins the diff change can sometimes be inaccurate due to a wildly fluctuating difficulty. Can I disable it?

The diff change factor can be disabled by either manually setting it to 0 or clicking a 'Use Diff Change' switch found below the graph and in the break-even analysis section. What is this? The Break-Even Analysis feature can help you predict how long it will take to become profitable for a given setup. How is this calculated? Time to break-even is calculated by comparing your hardware cost (which you must enter below) to your predicted monthly profits and seeing how long until the initial hardware cost is paid off. The calculator also takes the changing difficulty (diff change) into account.

If the network difficulty is increasing quickly, this will greatly increase your break-even time. The diff change can be excluded from the calculation by toggling the 'Use Diff Change' switch. Why is my break-even time 0 or never? If your break-even time is 0 you have likely forgotten to input your hardware cost below. If it is never, your break-even time has been calculated to be greater than 10 years. This is likely due to a large diff change value which causes your predicted profitability to turn negative in the future.

Decred DCR Solo Mining Calculator

You could try lowering the diff change for a less agressive prediction or disable it altogether. What is this? The profitability chart can help you visualize your long term mining projections. The chart can operate in one of three views: Total Profits The Total Profits view predicts what your overall profitability will be in the future.

This is calculated by taking your current profits and adding them to each following months profits while factoring in the changing difficulty (diff change), the diff change factor can be disabled. This view assumes the price of the coin will stay the same. If you wish to account for a changing price (ie if you think the price will rise in the future), switch to the 'Coins Generated' view. Coins Generated This view looks at the number of coins you can expect to generate in the future. This view does not account for any expenses, it simply predicts how many coins you will generate with your given hashrate and the diff change value.

Nov 4, 2017 - Obelisk tech to release Miner for Decred with the DCR1. For MORE money for a DCR ASIC? Pfft, not from me! By the time this stuff comes online it will be obselete, ill put my faith in tim from zeropond having his dcr asic first as well even;p. Let's assume what the 'calculator says' Decred = 3300 dollar.

A high diff change will cause you to generate fewer coins in the future. Total Costs This view sums your power and recurring costs. It can be used to predict the total cost to operate your mine over a given period of time. What is this? Price Change allows you to factor in the changing price of the currency into your projections. You can use this to generate accurate best-case and worst-case projections for your operation.

Why does Price Change default to 0? It is impossible to predict what the price of any coin will be in the future, we leave the price predictions up to you.

How does this value factor into the calculations? It depends on what Selling Profile is set to.

For more details, click on the question mark beside the Selling Profile field found directly below Price Change. What is this? Selling Profile tells the calculator how to use the Price Change value. Price Change must be set to something other than 0 to have any effect on the profitability projections. Selling Profile has 4 different options: Sell Coins Monthly Profitability is calculated as if you were to sell all of your mined coins at the end of each month.

Your profits will equal (money earned from selling) - (total expenses + hardware costs) Sell to Cover Expenses Only sell enough crypto to cover your monthly expenses. (electricity, rent, etc.) Your profits will equal (unsold crypto * predicted price) - (hardware costs) Sell a Portion Monthly Selecting this option will show the Sell Monthly field below, this is where you input what portion of crypto you would like to sell each month. For example, if you plan to sell 25% of your new crypto, enter 25 into the Sell Monthly field. Your profits will equal (money earned from selling) + (unsold crypto * predicted price) - (total expenses + hardware costs) Never Sell Coins Select this option if you plan on holding all of your crypto. Your profits will equal (all crypto mined * predicted price) - (total expenses + hardware costs).

• • Getting Started Getting Started • • • • • • • • Wallets Wallets • Decrediton (GUI) Decrediton (GUI) • • • CLI Wallet CLI Wallet • • • • • • • • • Proof-of-Stake Mining Proof-of-Stake Mining • What is Proof-of-Stake? MonaCoin MONA Miner Torrent. Table of contents • • • • • • PoS FAQ PoS FAQ • • • • • • Proof-of-Work Mining Proof-of-Work Mining • • • • FAQ FAQ • • • • • • • Advanced Advanced • • • • • • • • • • • • Research Research • • • • • • • • • • • Contributing Contributing • • • Guidelines Guidelines • • • About About • • • • Archive Archive • •. Proof-of-Stake (PoS) Mining Last updated for v1.1.0 Overview Decred’s unique Proof-of-Stake protocol serves multiple purposes: • Allowing stakeholders to vote for or against proposed changes to the Decred blockchain. If stakeholders vote in support of a change, the chain will hardfork and the new feature becomes active automatically.

More information on voting can be found in the. • Providing a mechanism for stakeholders to keep check of nonconforming proof-of-work miners. Stakeholders can vote a block invalid even if it conforms to the consensus rules of the network. This allows stakeholders to discourage unfavourable mining behavior such as mining empty blocks. • Allowing long-term holders of Decred to lock up their funds for a length of time in order to accrue new coins from the.

How Proof-of-Stake Works To participate in proof-of-stake mining, stakeholders lock some DCR in return for a ticket. Every ticket owned gives a stakeholder the ability to cast a single vote. Upon voting, each ticket returns a small reward plus the original Ticket Price of the ticket. Each ticket is selected to vote at random, giving an average vote time of 28 days, but possibly requiring up to 142 days, with a.5% chance of expiring before being chosen to vote (this expiration returns the original Ticket Price without a reward). Every block mined must include 5 votes (Miners are penalized by a reward deduction if fewer than 5 votes are included). Every block mined can also include up to 20 fresh ticket purchases.

A new ticket requires 256 block to mature before it is entered into the * Ticket Pool and able to be called upon to vote. There are a few important variables that you should familiarize yourself with while staking. Every 144 blocks (~12 hours), the stake difficulty algorithm calculates a new Ticket Price in an attempt to keep the Ticket Pool size near the target pool size of 40,960 tickets. This 144 block window is referred to as the StakeDiffWindowSize.

The Ticket Price/ Stake Difficulty is the price you must pay for a ticket during a single 144 block window. The Ticket Pool is the total number of tickets in the Decred network. The Ticket Fee ( ticketfee) is the fee rate that must be included in the ticket purchase to incentivize Proof-of-Work miners to include that ticket in a new block.

Ticket Fee usually refers to the DCR/kB fee rate for a ticket purchase transaction. Therefore, with a higher transaction size, you will end up paying a higher absolute fee. For example, solo-staking ticket purchases are around 300 Bytes, which means a Ticket Fee of.3 DCR/kB will result in the spending on.1 DCR if, and only if, that ticket gets included in a block. When the Ticket Price gets relatively low for a single Ticket Window, you can usually expect a fee market to form, with many stakeholders trying to buy tickets before the window ends. When the Ticket Price is not at an extremely low and profitable price, the default Ticket Fee of 0.001 DCR/kB rate is usually high enough to be included in a block. When a ticket is called to vote, the wallet that has voting rights for that ticket must be online.

If the wallet is not online to cast its vote, the ticket will be marked as missed and you will not receive a reward for that ticket. Stakepools are offered as a solution for those that cannot have a voting wallet online 24/7. Stakepools allow stakeholders to generate ticket purchase transactions that give a stakepool voting rights for your ticket. They vote on your behalf, usually requiring a small fee for participation (under 7%) which covers the cost of hosting the minimum of 3 servers required to run a stakepool. This fee is known as the Pool Fee and is only taken out of the small PoS reward. A list of stakepools can be found. Ticket Lifecycle Purchasing a ticket for PoS is quite simple (see below) but what happens to it after you buy it?

A ticket on main net (test net uses different parameters) will go through a few stages in its lifetime: • You buy a ticket using a Decrediton or dcrwallet wallet. The total cost of the each single ticket transaction should be Ticket Price + Ticket Fee( ticketfee).

• Your ticket enters the mempool. This is where your ticket waits to be mined by PoW miners. Only 20 fresh tickets are mined into each block. • Tickets are mined into a block in with higher Ticket Fee transactions having a higher priority.

Note that the Ticket Fee is DCR per KB of the transaction. A few common transaction sizes are 298 Bytes (a solo ticket purchase) and 539 Bytes (a pool ticket purchase). • A - If your ticket is mined into a block, it becomes an immature ticket. Electroneum ETN Mining List on this page. This state lasts for 256 blocks (about 20 hours).

During this time the ticket cannot vote. At this point, the ticket fee is non-refundable. B - If your ticket is not mined, both the Ticket Price and Ticket Fee are returned to the purchasing account.

• After your ticket matures (256 blocks), it enters the Ticket Pool and is eligible for voting. • The chance of a ticket voting is based on a Poisson distribution with a mean of 28 days. After 28 days a ticket has a 50% chance to have already voted. • Given a target pool size of 40960 tickets, any given ticket has a 99.5% chance of voting within ~142 days (about 4.7 months). If, after this time, a ticket has not voted, it expires.

You receive a refund on the original Ticket Price. • A ticket may miss its call to vote if the voting wallet does not respond or two valid blocks are found within close proximity of each other.

If this happens, you receive a refund on the original Ticket Price. • After a ticket has voted, missed, or expired, the funds (ticket price and subsidy if applicable, minus the fee) will enter immature status for another 256 blocks, after which they are released. If a ticket is missed or expired, a ticket revocation transaction is submitted by the wallet which then frees up the locked ticket outputs. NOTE: Revocations can only be submitted for a corresponding missed ticket. You cannot revoke a ticket until it is missed. Additional Information.