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