Smart Miner's Companion: Understanding WhatToMine Calculator

When purchasing new mining equipment, whether it's a farm or an ASIC, calculating potential profits is essential. While real results can only be determined through actual operation, investing blindly isn't wise. That's why mining calculators were created to estimate profits for various devices across different algorithms. Let's explore the Whattomine calculator.

FUNDAMENTAL SETTINGS

Whattomine stands out as both a widely-used and highly accurate profit calculation service. Its user-friendly interface is another significant advantage. Upon visiting the website, you're immediately presented with the main interface where all necessary parameters can be adjusted. Let's examine the interface and displayed information.

The key elements include:

• The mining algorithm selector for data display.
• Customizable hash rate settings for your hardware.
• Adjustable power consumption values.
• Local electricity cost input for accurate profit calculations.
• Exchange selection for cryptocurrency price data.
• Result sorting options to prioritize most profitable coins.
• Calculate button.
• Option to add additional profit cards for comparison.

These features make the main interface comprehensive yet simple, contributing to Whattomine's popularity.

GPU SELECTION

The top panel features a table for selecting your mining rig's graphics cards. You can choose single or multiple card models, making it easy to replicate your actual hardware configuration.

For instance, you can configure a rig with two GeForce 1080Ti and three GeForce 1060 cards. Simply select the cards and specify quantities. The system accounts for both hashrate and power consumption differences between models.

Remember that default hashrates are stock values, which you can manually adjust to reflect overclocked performance.

ALGORITHM SELECTION

For theoretical calculations, you can input desired hashrates and select algorithms without specifying hardware. This helps determine required performance levels for target income.

The results show various coins for the chosen algorithm, including profitability calculations based on your parameters (power usage, hashrate, electricity costs, etc.), both with and without electricity costs.

ASIC CALCULATIONS

The platform includes dedicated ASIC tabs for mining calculations. While the device list and algorithm selection aren't exhaustive, it covers major coins and equipment.

Setup remains straightforward: enter hashrate, power consumption, select algorithm, and calculate. The system displays available coins and profit calculations.

SPECIFIC COIN ANALYSIS

For focused mining plans, the Coins tab offers detailed analysis of specific cryptocurrencies. Advanced settings include:

• Block rewards
• Network difficulty
• Pool fees
• Equipment costs
• Coin prices

While Whattomine is highly accurate, it's recommended to factor in a 10% margin of error for conservative planning. Real results may be closer to predictions, but it's better to be cautious!

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