Check out this Bitcoin mining calculator

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QuantumYieldSenior Member
Posts: 117 · Reputation: 813
#1Jun 23, 2022, 08:50 AM
Bitcoin runs on a Proof of Work system, and mining plays a key role in it. Miners fire up their rigs (mostly ASICs these days) to mine blocks and validate transactions, usually aiming for profit in the short or long run. To figure out the potential earnings from mining, they typically rely on Bitcoin mining profit calculators. I’m excited to share what might be one of the first Bitcoin mining calculator tools out there. The link is here: https://alloscomp.com/bitcoin/calculator. If I’m mistaken about it being the first, feel free to let me know! This tool has been around since 2010 and is still kicking today! You can check out how it looked back in 2010 using this archive: https://web.archive.org/web/20100923185820/https://www.alloscomp.com/bitcoin/calculator.php. Here's how the calculator appears as of December 2023.
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QuantumYieldSenior Member
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#2Jun 23, 2022, 09:38 AM
Hello Bitcoin miner gurus. I discovered about that Bitcoin mining calculator tool that I think it is a first tool for it. If you are senior Bitcoin miners and know about any tool that was built and launched earlier that this one, please help me with information you know.
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Gig4L0rdSenior Member
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#3Jun 25, 2022, 10:11 AM
Personnaly I still prefer http://tradebtc.net/bitcalc.php (from kano) It is extremely precise and complete, and I highly recommend it.
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farm23Full Member
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#4Jun 25, 2022, 01:18 PM
there are several, I don't remember the name of the one that had the difficulty graph and calculated the ROI for the indicated period based on the average difficulty trend. whattomine.com isn't bad either.
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QuantumYieldSenior Member
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#5Jun 26, 2022, 11:01 AM
I am not a Bitcoin miner and did not know about Bitcoin in 2010 or 2011, my research led to that Bitcoin Mining Calculator, with Wayback machine, it was launched circa 2010. The Kano's Mining calculator you shared was launched circa 2011, one year after https://alloscomp.com/bitcoin/calculator, according to Wayback machine. This is its earliest snapshot in September 2011: https://web.archive.org/web/20110929172153/http://tradebtc.net/bitcalc.phpThis calculator possibly was launched months before that snapshot time. Note on my interest in this thread: I need help to get information about any Bitcoin Mining Calculator that was launched before the one shared in OP.
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its_ninjaSenior Member
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#6Jun 26, 2022, 04:54 PM
Mine wasn't around in 2010 - I didn't get involved in Bitcoin until Jul-2011, so I wrote it some time after that.
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d4vep1xelMember
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#7Jun 27, 2022, 02:28 PM
Nice material, tnx
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QuantumYieldSenior Member
Posts: 117 · Reputation: 813
#8Jun 27, 2022, 04:39 PM
Thanks Kano for this confirmation that matches with information I got from Wayback Machine and I shared this in a previous post as well. https://web.archive.org/web/20110929172153/http://tradebtc.net/bitcalc.php So far, it seems the Bitcoin mining calculator tool shared in OP is a first one in Bitcoin history. https://alloscomp.com/bitcoin/calculator
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d3f188Member
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#9Jun 29, 2022, 11:58 PM
It is inconceivable that it was launched in 2010 but still alive today!
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hash2009Member
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#10Jun 30, 2022, 04:14 AM
Do any of you have any projections for when you think BTC will stop being mined?   Or do you think that BTC will be mined like .00000000009? at a time?
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Gig4L0rdSenior Member
Posts: 234 · Reputation: 1329
#11Jun 30, 2022, 10:33 AM
BTC will never stop being mined, transactions will always need to be included in blocks, and when BTC won't have any block rewards left, miners rewards will be the transaction fees only. (You should open a new topic, as it is off-topic here)
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just_h4wkFull Member
Posts: 48 · Reputation: 434
#12Jul 1, 2022, 02:01 AM
I think if you'd used a more generic name you would be more likely to get people to click on your link. As it stands it just looks like the sort of link that would give windows users a coronary just thinking about. Site looks ok though. Might want to add a free letsencrypt cert to allay some web browsers paranoia about non ssl sites.
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