How to : [Hashflare](https://hashflare.io/r/2593FB03) - Calculate Return on Investment

![hashflare.png](https://steemitimages.com/DQmSgHHxNUCtoFkesPfiQBb1r7ywtak7gQyG482bAbkvQRi/hashflare.png) --- ## Types of mining algorithm available There are 5 types of mining algorith available in [Hashflare](https://hashflare.io/r/2593FB03) ; * **SCRYPT** - Mines Litecoin (payout will be in Bitcoin) * **SHA 256** - Mines Bitcoin * **ETHASH** - Mines Ethereum * **EQUIHASH** - Mines Zcash * **X11** - Mines Dash ![Plan 1.JPG](https://steemitimages.com/DQmUbR4KrDQhKEFuC52abTMBahHrTQke55qnhaJsaoFCEek/Plan%201.JPG) ![Plan 2.JPG](https://steemitimages.com/DQmU5chrmZNZtFbiUGBV3nHkh3eD2FWVpqEV9uB6UANmMHv/Plan%202.JPG) --- ![Litecoin.png](https://steemitimages.com/DQmYkTUTiUkrp5qVHAkzKza2YCVWgkryc7TMqpZ2qu8ujMz/Litecoin.png) #### [Hashflare](https://hashflare.io/r/2593FB03) SCRYPT - Litecoin *current exchange rates and difficulty, and to make calculation simple for beginners we'll assume no difficult change* * Cost = **USD 13.50 / Mhs** * Litecoin to Bitcoin Conversion Rate = **(1 Litecoin = 0.01609 BTC)** * Bitcoin to USD Rate = **(1 BTC / USD 2700)** * Mining Rate = **LTC 0.001359 / day** * Maintenance Fee = **USD 0.01 / Mhs / day** The above information is required for us to get started in calculating profitability, We will get deeper into the calculation in another post. In this post we aim to find out how soon we can start making money after investing. So lets say we intend to purchase 10 Mhs of SCRYPT from [Hashflare](https://hashflare.io/r/2593FB03), this is what we will end up with. * Cost = **USD 135** * Litecoin to Bitcoin Conversion Rate = **(1 Litecoin = 0.01609 BTC)** * Bitcoin to USD Rate = **(1 BTC / USD 2700)** * Mining Rate = **LTC 0.01359 / day** * Maintenance Fee = **USD 0.10 / day** The breakdown every 24 hours * Revenue = LTC 0.01359> BTC 0.0002186884 > **USD 0.5838112054** * Maintenance Fee = USD 0.01 * 10 > **USD 0.10** * Profit = USD 0.5838112054 - USD 0.10 = **USD 0.4838112054** **Profit** 1 Month = **USD 14.51** 3 Months = **USD 43.53** 6 Months = **USD 87.06** 12 Months = **USD 174.12** ##### Summary If you have invested **USD 135** into *SCRYPT*, you'll earn your investment back in **9.3 months**, and begin profiting **10.7%** every month. If prices of *Litecoin* goes higher you profit will be even higher!! [Start small , start now !](https://hashflare.io/r/2593FB03) --- ![bitcoin.png](https://steemitimages.com/DQmY1DpFMpB81vC1ZPaCumhn6LJHXVKZtVM4fjp8LsmtJH2/bitcoin.png) #### [Hashflare](https://hashflare.io/r/2593FB03) SHA 256 - Bitcoin *current exchange rates and difficulty, and to make calculation simple for beginners we'll assume no difficult change* * Cost = **USD 1.20 / 10 Ghs** * Bitcoin to USD Rate = **(1 BTC / USD 2700)** * Mining Rate = **BTC 0.000000313 / day** * Maintenance Fee = **USD 0.0035 / 10 Ghs / day** The above information is required for us to get started in calculating profitability, We will get deeper into the calculation in another post. In this post we aim to find out how soon we can start making money after investing. So lets say we intend to purchase 1000 Ghs of SHA 256 from [Hashflare](https://hashflare.io/r/2593FB03), this is what we will end up with. * Cost = **USD 120** * Bitcoin to USD Rate = **(1 BTC / USD 2700)** * Mining Rate = **BTC 0.0003125 / day** * Maintenance Fee = **USD 0.35 / day** The breakdown every 24 hours * Revenue = BTC 0.0003125 > **USD 0.84375** * Maintenance Fee = USD 0.0035 * 100 > **USD 0.35** * Profit = USD 0.84375- USD 0.35= **USD 0.49375** **Profit** 1 Month = **USD 14.81** 3 Months = **USD 44.43** 6 Months = **USD 88.86** 12 Months = **USD 177.72** ##### Summary If you have invested **USD 120** into *SHA 256*, you'll earn your investment back in **8.1 months**, and begin profiting **12.30%** every month. If prices of *Bitcoin* goes higher you profit will be even higher!! [Start small , start now !](https://hashflare.io/r/2593FB03) --- ![ETH.png](https://steemitimages.com/DQmZGQ7SbH7WivTn9WqwS2UX3NaFvhuGaRbtTdrHTHjxL9B/ETH.png) #### [Hashflare](https://hashflare.io/r/2593FB03) ETHASH - Ethereum *Current exchange rates and difficulty are assumed * to make calculation simple for beginners we'll assume no difficult change* *Ethereum contracts only last for **12 Months*** * Cost = **USD 2.20 / 100 khs** * Ethereum to USD Rate = **(1 ETH / USD 335)** * Mining Rate = **ETH 0.00003124 / day** The above information is required for us to get started in calculating profitability, We will get deeper into the calculation in another post. In this post we aim to find out how soon we can start making money after investing. So lets say we intend to purchase (10,000 khs > 10 Mhs) of ETHASH from [Hashflare](https://hashflare.io/r/2593FB03), this is what we will end up with. * Cost = **USD 220** * Ethereum to USD Rate = **(1 ETH / USD 335)** * Mining Rate = **ETH 0.003124 / day** The breakdown every 24 hours * Revenue = ETH 0.003124 > **USD 1.04654** * Profit = **USD 1.04654** **Profit** 1 Month = **USD 31.39** 3 Months = **USD 94.18** 6 Months = **USD 188.37** 12 Months = **USD 376.75** ##### Summary If you have invested **USD 220** into *ETHASH*, you'll earn your investment back in **7 months**, and begin profiting **14.20%** every month. If prices of *Ethereum* goes higher you profit will be even higher!! [Start small , start now !](https://hashflare.io/r/2593FB03) --- ![dash_logo.png](https://steemitimages.com/DQmZyoKMLbZH7fgvKA9UiPHfgheTfwXoFMsYhVPGfHhVjsP/dash_logo.png) #### [Hashflare](https://hashflare.io/r/2593FB03) X11 - Dash *Current exchange rates and difficulty are assumed * to make calculation simple for beginners we'll assume no difficult change* *Dash contracts only last for **12 Months*** * Cost = **USD 5.80 / 1 Mhs** * Dash to USD Rate = **(1 DASH / USD 212)** * Mining Rate = **DASH 0.00009580/ day** The above information is required for us to get started in calculating profitability, We will get deeper into the calculation in another post. In this post we aim to find out how soon we can start making money after investing. So lets say we intend to purchase 100 Mhs of X11 from [Hashflare](https://hashflare.io/r/2593FB03), this is what we will end up with. * Cost = **USD 580** * Dash to USD Rate = **(1 DASH / USD 212)** * Mining Rate = **DASH 0.009580/ day** The breakdown every 24 hours * Revenue = DASH 0.009580 > **USD 2.03** * Profit = **USD 2.03** **Profit** 1 Month = **USD 60.92** 3 Months = **USD 182.78** 6 Months = **USD 365.57** 12 Months = **USD 731.14** ##### Summary If you have invested **USD 580** into *X11*, you'll earn your investment back in **9.5 months**, and begin profiting **10.50%** every month. If prices of *Dash* goes higher you profit will be even higher!! [Start small , start now !](https://hashflare.io/r/2593FB03) --- ### Conclusion I will be doing a comparison between profitability of different coin options in [Hashflare](https://hashflare.io/r/2593FB03), do follow and stay updated. Do let me know if you find it helpful, an upvote from you would really encourage me to continue my work. Peace :)