Welcome!

Setup

About

To my Hashflare.io SHA-256 BTC mining income projection tool

Step 0:

Assumptions

(c) 2017-2018 Ty Marbut - reproduction requirements below.

Copy the sheet using "File" -> "Make a Copy".

There are a few assumptions we need to make before attempting to project

Don't ask me for permission to edit - it's not happening. Read the instructions!

Step 1:

earnings of mining contracts using this tool. Here are some:

If this spreadsheet is helpful to you, please use my Hashflare referral link,

Go to the MiningData tab and fill out your recent

- Hashflare.io continues to exist, operate, and pay back contracts.

if or when you sign up and buy hashrate:

payout info. Instructions are

- Hashflare.io SHA-256 BTC mining contracts remain "in stock"

https://hashflare.io/r/E6ADBACD-1

available on that sheet.

- We're only interested in mining contracts and direct proceeds over

BTC Donation:

Step 2:

the next 2 years. It appears from my experience making and

On the Dashboard tab, you may edit the light grey

using this tool that longer-term projections would be increasingly

colored cells - everything else is calculated

inaccurate, mining reinvestment may not be very protifable, and

Copying and using this tool

automatically. Fill in the following variables:

adding another year or two would slow the spreadsheet down.

It appears that It would require significant effort to get this sheet into shape after downloading

- Nothing fundamentally blocks the ability to possess, move, and sell

as an .xlsx. The only real downside to running this on Drive is that it can be a little bit

Bitcoins in the next 2 years, such as government regulation.

slow to update after you change variables, so be patient and watch for other

- Growth of difficulty can be modeled with an exponential function.

numbers to change after you change a related variable. It's ~15 secs on my computer.

- You are willing to administer your mining account and holdings

The best way to copy this sheet is, in the Google Sheets window, go to "File",

about once per day.

"Make a Copy", and then create a copy in your own Drive (sign-in required).

- The DailyProjections tab shows you selling a portion of your BTC

You may copy and use this sheet for your own private investment speculation purposes.

Step 3:

holdings each day, if you choose to engage in ongoing sales.

If you make a copy, I ask only that you keep my Hashflare referral link and donation

To add additional, later capital investments (mining

In reality, because of transfer fees, you'd probably take it

addresses in all future copies or iterations. I'd also suggest keeping the "locked" cells

contract purchases), go to the DailyProjections

out less frequently, so the future value of that BTC will

locked unless you'd like to make changes under the hood.

tab to add them by date. This is the only thing

change between withdrawls.

By using this tool, you indicate that you understand and acknowledge that:

you might need to change on that tab.

- The results in this sheet are entirely speculative, and based on user inputs.

Step 4:

Suggestions

- This sheet may contain errors or inaccuracies.

Profit! Don't forget to use my Hashflase referral link

Part of the value of this tool is being able to model future scenarios, such as

- Provision of this sheet does not constitute financial advice or create any sort of

or make a donation if this was helpful to you.

BTC price crashes, and various combinations of proceeds allocations

feduciary responsibility between the user and the author.

to cash, BTC holdings, and mining reinvestment, so I encourage you to

- The author has no affiliation with Hashcoins or Hashflare other than mining contracts.

play with these variables to create various future scenarios to test your

- You promise not to invest more than you can afford to lose.

proceeds allocation plan.

I have found early mining reinvestments to be very advantageous, but fees can

quickly creep up on you if the price doesn't skyrocket. Good luck!