How does Lendingblock Profit Calculator Works?
This Lendingblock Profit Calculator uses a simple mathematical principal to calculate the ROI of Lendingblock. It fetches the historical Lendingblock price from the database and compares with current Lendingblock Price and calculate the profit or loss made on it.
It does this simple calculation get the amount Lendingblock you would have got by investing x$'s on that day ($x/price of Lendingblock). Now it calculates the current price of that amount in USD (current Lendingblock price * amount of Lendingblock 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_LND_price = Price of LND in past date;
$quantity_LND = Quantity of LND in past = $amount invested / $price_on_that_day;
$price_LND = Current price of LND;
$USD_today = ($price_LND * $quantity_LND) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of Lendingblock you can check it here: Lendingblock Price Prediction. This predictions are based on various algorithms applied on the historical price of the Lendingblock.
If you have any query regarding the above calculator you can comment it in comment box below.