How is the daily USD Equivalent value calculated on ProHashing? Does ProHashing use the average of a coin's price over a day, or does it just take a snapshot of the prices at a certain point in the day? Where does the data come from?
I'd like to make sure my bookkeeping is consistent
USD Equivalent Value
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Welcome to the System Support forum! Encounter a problem related to the pool? Post your issue here and we will help you out.
Keep in mind that the forums are monitored by PROHASHING less closely than the official support channels, so if you have a pressing issue, please submit an official support ticket so that our Support Analyst can look into your issue in a timely manner.
We cannot answer financial questions related to your account on a public forum, so those questions should always be submitted through the orange Support button on prohashing.com/about.
For the full list of PROHASHING forums rules, please visit https://prohashing.com/help/prohashing- ... rms-forums.
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vaultminer
- Posts: 30
- Joined: Wed Feb 21, 2018 1:28 am
Re: USD Equivalent Value
The dollar value is added up with the value of each share you are credited with during the day. This can and will differ from the value of the coins when payout is performed. For example, if your payout coin goes up significantly during the day the value shown in the earnings will be lower then the value of the coins shown. The opposite is also true.
If you are doing cash based accounting then you may not be able to use the value of their earnings per day, you would likely need to compute the value of the coins when payout occurs. The CSV export for payouts can provide this, or you can use services like bitcoin.tax to compute the value when the transaction was added to the block chain.
If you are doing cash based accounting then you may not be able to use the value of their earnings per day, you would likely need to compute the value of the coins when payout occurs. The CSV export for payouts can provide this, or you can use services like bitcoin.tax to compute the value when the transaction was added to the block chain.