Gridcoin-tasks
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Erkan-Yilmaz
profitability calculator
e.g. to find out which BOINC project is good for your hardware
useful for newcomers and "veterans", but newcomers always ask:
- which BOINC project should I crunch now ?
Possible via XML files, but:
- shows only users who did not hide their devices
mentioned in hangout 2: 5:00
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.
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.
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
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.
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.