The First Bitcoin Mining Calculator Tool?

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tom2014Legendary
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#1Nov 5, 2017, 05:49 PM
Bitcoin runs on Proof of Work, and miners are the backbone, right? They fire up their ASICs to snag some blocks and validate transactions, aiming for profits today or down the line. Anyway, I've come across what might be the very first Bitcoin mining calculator. Check this out: https://alloscomp.com/bitcoin/calculator. If that’s not the first, someone please let me know.
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tom2014Legendary
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#2Nov 5, 2017, 09:01 PM
Hey all, just stumbled upon this supposed first Bitcoin mining calculator. If you’ve been mining since the beginning and know of something older, drop the info, yeah?
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#3Nov 7, 2017, 03:05 PM
Gotta say, I’m more into Kano’s tool at http://tradebtc.net/bitcalc.php. It’s spot on and super detailed. Totally recommend it.
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0xChainLegendary
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#4Nov 7, 2017, 04:12 PM
There’s a bunch of them out there. Can’t remember the name of one that had a difficulty chart and ROI projections based on difficulty trends. WhatToMine is decent too.
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tom2014Legendary
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#5Nov 7, 2017, 08:10 PM
I’m new to mining and I didn’t start until 2011, so I have to rely on my research. I found that calculator launched around 2010 using the Wayback Machine. So Kano’s tool came out a year later.
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#6Nov 8, 2017, 01:29 AM
I wasn’t around in 2010 either, just started with BTC in mid-2011. Pretty sure I created my miner after that.
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byt3_2016Full Member
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#7Nov 8, 2017, 04:44 AM
Cool info, thanks!
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tom2014Legendary
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#8Nov 8, 2017, 10:11 AM
Thanks, Kano! Your timeline matches what I dug up from the Wayback Machine too. Looks like that mining calculator from the OP could indeed be the first one ever.
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wolf1337Member
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#9Nov 8, 2017, 11:53 AM
Crazy that it kicked off in 2010 and still going strong today!
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MadDegenMember
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#10Nov 8, 2017, 05:39 PM
Do you think BTC mining will ever wrap up? Like will we hit a point where it’s just tiny fractions being mined?
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#11Nov 8, 2017, 09:57 PM
BTC mining won’t end, though. Blocks will always need transactions in them. Once block rewards dry up, miners will just get transaction fees.
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#12Nov 9, 2017, 01:34 AM
You might wanna spin up a new thread for that topic, it’s kinda off track here.
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#13Nov 9, 2017, 07:43 AM
If you’d picked a more general name for this thread, more folks might’ve clicked. Right now, it looks like a suspicious link that could freak out Windows users. The site seems fine, though. Maybe get a free cert to ease browser worries.
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