VeriCoin
$0.02285 -1.18%
VRC · 109w

I just entered some test data into this profitability calculator, and it doesn't look like I would be profitable for 2+ years. Am I missing something? Who mines this?

Monetary Units USD Credits to @Birty for initial design Version 2.0 Current Block: 192725 Difficulty 0.01973603 http://veriumstats.vericoin.info/ Updated By @meisnick Now with Maximum Live Data Network Hashrate 28151.34952541 kH/m 28151349.53 H/m Updated with live market numbers websites listed Blocktime 3.852446354 Min -13.03*log(difficulty)+180 BTC Price updates every 20 mins from Google Finance Reward 3.651026281 VRM 0.25*exp(0.0116*nBlockTime) BTC / VRM Updates Every 2 Hours Difficulty & Network Hashrate updated live every few minutes from Vericoin offical site Miner Cost $200.00 USD Miner Hashrate 3,000 H/m Entere your data in Green Miner Power Usage 500 W Please make your own copy of spreadsheet to make changes in File > Make Copy Electricity Cost $0.18 USD / kWh Spreadsheet has been locked except for green cells to ensure continued functionality VRM Price 0.0003025700 BTC / VRM https://exchangewar.info/coinprice?vrm_btc Bitcoin Price 8275.005 USD / BTC https://www.google.com/finance?q=currency:btc Network Blocks / hr 15.5745 Blocks Network VRM / hr 56.8630 VRM %age of network hashrate 0.01065668272 % Expected VRM / hr 0.0061 VRM Net Profit / hr 0.0152 USD / hour Cost / hr 0.0900 USD / hour Gross Profit / hr -0.0748 USD / hour Gross Profit / day -1.7959 USD / day Gross Profit / month -53.8761 USD / month Gross Profit / year -655.4924 USD / year Return on Investment -3.71 Months
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