Is their any way to come up with a rough estimation of how many coins per day I would get mining on computers. for example if I can get around 1000 H/S how many ETN would that be per day.
Good question. I have been wondering this for both computers and mobiles phones. Hopefully they release some information soon.
That is a good question.
Very hard to do with any POW coin
It is not only hard , It is impossible to know how many coins you gonna mine on a POW coin before the mining start , because it depends on the number of people that will start to mine it along with the difficulty of the mining . Now the real question should be how many coin per block !
, As for mobile it is the same even tho it is not real mining put the number of people mining from mobile will effect the number of coins you will get if a pool have for example 10 coins for block the number you will get will be different depending on if this 10 gonna be divided on 100 , 1000 or even 1000000 .
COPIED STRAIGHT OFF OF THE WHITE PAPER
Adaptive limitsA decentralized payment system must not depend on a single person’s decisions, even if this person is a core
developer. Hard constants and magic numbers in the code deter the system’s evolution and therefore should be
eliminated (or at least be cut down to the minimum). Every crucial limit (like max block size or min fee amount)
should be re-calculated based on the system’s previous state. Therefore, it always changes adaptively and
independently, allowing the network to develop on it’s own.
Electroneum’s CryptoNote has the following parameters which adjust automatically for each new block:
1. Difficulty. The general idea of our algorithm is to sum all the work that nodes have performed during the
last 720 blocks and divide it by the time they have spent to accomplish it. The measure of the work is the
corresponding difficulty value for each of the blocks. The time is calculated as follows: sort all the 720
timestamps and cut-off 20% of the outliers. The range of the rest 600 values is the time which was spent for
80% of the corresponding blocks.
2. Max block size. Let MN be the median value of the last N blocks sizes. Then the “hard-limit” for the size of
accepting blocks is 2*MN. It averts blockchain bloating but still allows the limit to slowly grow with the time if
necessary. Transaction size does not need to be limited explicitly. It is bounded by the size of the block.
Smooth emissionThe upper bound for the overall amount of all digital coins is also digital:
MSupply = 264 − 1 atomic units
This is a natural restriction based only on the implementation limits, not on intuition like “N coins ought to be
enough for everybody”. To make the emission process smoother electroneum’s CryptoNote uses the following
formula for block rewards:
BaseReward = (MSupply − A) >> 18
Where A is amount of previously generated coins. It gives a predictable growth of the money supply without any
breakpoints.
