Topic: Altcoin earning formula (Read 276 times)
Perhaps this formula can be used for many pow coins, substituting values, but you always get only an approximate amount.
I'm not sure if you can trust in this formula.
Mining is about lucky, you have to find the valid shares, some days you get more and another one you may get less.
In some coins, difficulty may change a lot during 24h.
So i guess that all calculation will be only an estimate and not exactly earnings.
Mining is about lucky, you have to find the valid shares, some days you get more and another one you may get less.
In some coins, difficulty may change a lot during 24h.
So i guess that all calculation will be only an estimate and not exactly earnings.
are you sure that this formula EARNING = (HASHRATE x BLOCK_REWARD) / DIFFICULTY x DAY for obtaining the etherium is correct?
Just in my calculator as something else is calculated
Just in my calculator as something else is calculated
Majority of the alts use
(block_reward * 24 * 60 * 60) / (2^32 * difficulty)
only the factor (32) changes for some
(block_reward * 24 * 60 * 60) / (2^32 * difficulty)
only the factor (32) changes for some
We have created a small earnings calculator at omegapool.cc that is based on current net difficulty for each algo and is periodically checking whattomine, which makes it more up to date than wtm.
--ypsi
--ypsi
Did you own that site? Sure, I'll check it out later.
Hey, you have an online calculator site, how you think about the formula above?
For example, the ethereum formula is :
EARNING = (HASHRATE x BLOCK_REWARD) / DIFFICULTY x DAY
HASHRATE in H (not MH or GH) For example 50MH is 50 000 000 H
BLOCK_REWARD is equal 3 now
DIFFICULTY is 3121282447357160 now
DAY is in seconde so 24 x 60 x 60 = 86400
For a hashrate of 1,3GH my earning in 24H :
(1 300 000 000 x 3) / 3121282447357160 x 86400 = 0,107955626
EARNING = (HASHRATE x BLOCK_REWARD) / DIFFICULTY x DAY
HASHRATE in H (not MH or GH) For example 50MH is 50 000 000 H
BLOCK_REWARD is equal 3 now
DIFFICULTY is 3121282447357160 now
DAY is in seconde so 24 x 60 x 60 = 86400
For a hashrate of 1,3GH my earning in 24H :
(1 300 000 000 x 3) / 3121282447357160 x 86400 = 0,107955626
I didn't get it, what you write above. Ignoring coin block time (ETH), and may some other factor. But I'm sure, your formula would have the same result with an online calculator. You got me. May need to try on other coins, lol.
May I need to repeat a few times your logic.
Hello everybody,
I search the formulas of different algorithm.
I have found the algorithm for bitcoin and ethereum, but it is very difficult to find other.
For example, the ethereum formula is :
EARNING = (HASHRATE x BLOCK_REWARD) / DIFFICULTY x DAY
HASHRATE in H (not MH or GH) For example 50MH is 50 000 000 H
BLOCK_REWARD is equal 3 now
DIFFICULTY is 3121282447357160 now
DAY is in seconde so 24 x 60 x 60 = 86400
For a hashrate of 1,3GH my earning in 24H :
(1 300 000 000 x 3) / 3121282447357160 x 86400 = 0,107955626
It is exactly what I earn now.
Do you have any source to find them.
Thank you very much.
I search the formulas of different algorithm.
I have found the algorithm for bitcoin and ethereum, but it is very difficult to find other.
For example, the ethereum formula is :
EARNING = (HASHRATE x BLOCK_REWARD) / DIFFICULTY x DAY
HASHRATE in H (not MH or GH) For example 50MH is 50 000 000 H
BLOCK_REWARD is equal 3 now
DIFFICULTY is 3121282447357160 now
DAY is in seconde so 24 x 60 x 60 = 86400
For a hashrate of 1,3GH my earning in 24H :
(1 300 000 000 x 3) / 3121282447357160 x 86400 = 0,107955626
It is exactly what I earn now.
Do you have any source to find them.
Thank you very much.
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