BlockNet Profit Calculator or you can say BlockNet ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in BlockNet (BLOCK) in past. This helps you measure the return on investment (ROI) of BlockNet (BLOCK) .
If you are looking for mining calc check it here: BlockNet Mining Calculator
This BlockNet Profit Calculator uses a simple mathematical principal to calculate the ROI of BlockNet. It fetches the historical BlockNet price from the database and compares with current BlockNet Price and calculate the profit or loss made on it.
It does this simple calculation get the amount BlockNet you would have got by investing x$'s on that day ($x/price of BlockNet). Now it calculates the current price of that amount in USD (current BlockNet price * amount of BlockNet purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_BLOCK_price = Price of BLOCK in past date;
$quantity_BLOCK = Quantity of BLOCK in past = $amount invested / $price_on_that_day;
$price_BLOCK = Current price of BLOCK;
$USD_today = ($price_BLOCK * $quantity_BLOCK) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of BlockNet you can check it here: BlockNet Price Prediction. This predictions are based on various algorithms applied on the historical price of the BlockNet.
If you have any query regarding the above calculator you can comment it in comment box below.
