So I am trying to calculate something but I am not sure how to calculate this.
Here's the problem. Some of you may know what I'm talking about which would be great. But the math question exists regardless.
Using a site cryptocompare.com I can calculate that 10GH = $0.0264 profit per day.
Tax is %15.
Initially, I can buy 2000 GH for $300 at $1.50 per 10GH.
Each day, I am paid an amount equal to ($5.28) $4.48 per 2000GH. (that's after tax.)
Each day, I invest the amount earned back into the pot at a rate of $1.50 per 10 GH, which then increases the daily return.
So the first day I put the 4.50 into 30GH into the 2000GH pot. The second day, I have 2030GH, which gives me 4.56 return. (after tax).
I then put the 4.56 back in for another 30GH, total now being 2060GH, and the daily yield is 5.44.
So at each $1.50 mark I will add another 10GH to the amount invested daily, out of the returns of the total.
So after 365 days of this, how much GH will I have? How much daily return will I have at the end of the 365 days? Or 2 years? What is my rate of increase if the increased rate is then added back into the pool? How much money would I have if at the end of the 365 days, I stop investing and just collect the daily income totals? Or at the end of 2 years?
How do I even pose this as a math problem that will let me calculate it? Even better if you figure it out for me, you amazing mathematicians, you.
Here's the problem. Some of you may know what I'm talking about which would be great. But the math question exists regardless.
Using a site cryptocompare.com I can calculate that 10GH = $0.0264 profit per day.
Tax is %15.
Initially, I can buy 2000 GH for $300 at $1.50 per 10GH.
Each day, I am paid an amount equal to ($5.28) $4.48 per 2000GH. (that's after tax.)
Each day, I invest the amount earned back into the pot at a rate of $1.50 per 10 GH, which then increases the daily return.
So the first day I put the 4.50 into 30GH into the 2000GH pot. The second day, I have 2030GH, which gives me 4.56 return. (after tax).
I then put the 4.56 back in for another 30GH, total now being 2060GH, and the daily yield is 5.44.
So at each $1.50 mark I will add another 10GH to the amount invested daily, out of the returns of the total.
So after 365 days of this, how much GH will I have? How much daily return will I have at the end of the 365 days? Or 2 years? What is my rate of increase if the increased rate is then added back into the pool? How much money would I have if at the end of the 365 days, I stop investing and just collect the daily income totals? Or at the end of 2 years?
How do I even pose this as a math problem that will let me calculate it? Even better if you figure it out for me, you amazing mathematicians, you.