Topic: Altcoin difficulty question (Read 584 times)
anyone?
+1
Hello,
I am trying to figure out the formula how to calculate expected number of mined coins based on hashrate and difficulty.
I found this formula: http://bitcoin.stackexchange.com/questions/8028/given-the-probability-of-finding-a-block-and-time-taken-can-i-infer-hashrate
The question is that some coins are showing difficulty below 1. But according to bitcoin wiki 1 is minimum difficulty. Also, formula above is broken if diff < 1.
So, what difficulty between 0 and 1 really means? How do I translate it to expected coins?
I am trying to figure out the formula how to calculate expected number of mined coins based on hashrate and difficulty.
I found this formula: http://bitcoin.stackexchange.com/questions/8028/given-the-probability-of-finding-a-block-and-time-taken-can-i-infer-hashrate
The question is that some coins are showing difficulty below 1. But according to bitcoin wiki 1 is minimum difficulty. Also, formula above is broken if diff < 1.
So, what difficulty between 0 and 1 really means? How do I translate it to expected coins?
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