Difficulty/Hash rate math? | Bitcointalksearch.org

odolvlobo

legendary

Activity: 4522

Merit: 3426

Quote from: mdc on November 28, 2013, 10:42:31 PM

I'm assuming there is a way to calculate BTC per day progress relative to your hash rate and the current difficulty. Can anyone explain the algorithm or point me in the right direction?

The theoretical number of bitcoins you will mine in a day is:

B = 25 x number of blocks per day x your hash rate / network hash rate, or
B = 25 x 24 x 6 x H x 1000000000 / (D * 2⁴⁸ / 65535 / 600),

where

H is your hash rate in GH/s
D is the difficulty

mdc

newbie

Activity: 4

Merit: 0

Quote from: Sharky444 on November 28, 2013, 11:59:37 PM

You cannot reliably do that, as the global hash rate increases every hour. A new block is generated about every ~10 minutes, and it's a lottery which pool will gets it. Sometimes a pool doesn't get anything in 24 hours, then 3 blocks within 24 hours.

Thanks, I started to notice that the more I tried to calculate it.

http://www.bitcoinx.com/profit/ gives me what I was basically looking for. I just wish I new the math they are using behind it so I can create some estimates on my own.

Sharky444

hero member

Activity: 724

Merit: 500

You cannot reliably do that, as the global hash rate increases every hour. A new block is generated about every ~10 minutes, and it's a lottery which pool will gets it. Sometimes a pool doesn't get anything in 24 hours, then 3 blocks within 24 hours.

mdc

newbie

Activity: 4

Merit: 0

I'm assuming there is a way to calculate BTC per day progress relative to your hash rate and the current difficulty. Can anyone explain the algorithm or point me in the right direction?

Thanks!

Topic: Difficulty/Hash rate math? (Read 471 times)