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