What does it mean?
Regular monthly exchange of mined capital for money
You simply want to exchange all the extracted cryptocurrency for FIAT every month (ordinary currency – money).
Your profit will consist of a reward for mining that is lowered by the total cost.
In the calculator, the total cost is about:
- energy costs
- reward mining pool
- fixed costs (rent, cooling)
- hardware costs (purchase of machines, connections)
However, it is not recommended to exchange the extracted capital regularly every month for personal experience.
Because in order to achieve maximum profit, it is necessary to sell the extracted cryptocurrency only when it is most interested in it (so-called boost) and its price reached the last known maximum or exceeded it. But this phenomenon is definitely not happening every month.
Converting the extracted capital into money to cover costs
You only sell the amount of capital required to cover your monthly costs. (electricity, rent, etc.)
Your profits will be:
(unsold extracted capital * estimated coin price) – (hardware costs)
It is this form of exchange to cover the costs of most smaller investors who previously mined at home or in their own premises.
Sale of a part of the mined portfolio
In the calculator, after selecting this item you will see another field (Sale of Portion of Portfolio), where you fill in what part of the portfolio you want to sell on a monthly basis in percent.
So your profit will match the equation:
(money from sale) + (unsold crypto * estimated coin price) – (total cost + hardware costs)
You will not exchange the cryptocurrency for money
If you plan not to sell the mined capitalon a monthly basis, but you’d prefer to hold it so you can sell it all at the right time and get the most revenue, select this option.
So your profit will match the equation:
(all extracted cryptocurrency * estimated price) – (total cost + hardware cost)