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