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