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