Everything aside, this coin has acquired too much 'hype' for the relaunch and people can't figure out profitability because Whattomine hasn't made a calculator so they're all mining blind and assuming it'll pan out.
line 2233 of main.cpp:
static const int64 nTargetSpacing = 10 * 60; // 10 minute blocks
* 1440 minutes in a day, divided by 10:
* 144 blocks a day (diff retargets every 6 blocks, so lets say 147 blocks/day just for arguments sake, perfect timing like an optical distributor).
* one block has 40 coins, times 0.00192500btc per coin making each block worth 0.077btc/block.
* 0.077btc per block times 147 blocks a day - means the chain is worth 11.319btc/day for mining alone.
we dont even need to know the proper bitcoin/scrypt derivative (2^32 vs 2^48 vs ..) difficulty algorithm. why?
* average hashrate of 2800mh on suprnova's xzc pool
* world hashrate of 7000mh on suprnova's xzc pool
* we assume approximately 40% of the blocks will be found by suprnova (more if ocminer uses candy).
so 11.319btc/day times 0.40 equals 4.52btc/day via suprnova.
* since we know that suprnova has 2800mh, we can slot out figure in there (lets say that your uncle was ec2 and you managed 20mh).
* = (20 / 2800) * 4.52btc/day = 0.03228571btc a day mined all day
yes, its not 100% accurate.
blocks are found early/late, orphaned.
certain types of pools dont let others know when theyve found blocks, in a timely fashion.
the best part? this is probably grade 5/6 arithmetic.
dont forget your lunchbox.
(regarding ragging on djm34's miner, feel free to drag your memory clock all the way down to 150mhz and take note of the results, hint on GPU: run more threads than you would normally... x2 or x3)
That's neat. You totally pwned me with your proud math skilzz... all the while forgetting that at no point did I say I'm currently mining this coin nor did I say
couldn't figure out profit estimations.
The double and triple instance trick has been kicking around the ccminer thread for the last year.
Have a nice day eth-baby.