Author

Topic: Diffiluclty of minning (Read 1096 times)

full member
Activity: 168
Merit: 100
November 18, 2013, 10:41:24 AM
#5
It's reciprocal.

If hash power is constant:
  • Double difficulty, half expected BTC reward.
  • Tripple difficulty, divide expected reward by three.
  • Half difficulty, double expected reward

You often see pools use shares. You find a share by finding a hash that meets criteria under difficulty 1. So it is expected to take difficulty many shares to find a block.
legendary
Activity: 1960
Merit: 1005
November 18, 2013, 08:57:36 AM
#3
hero member
Activity: 792
Merit: 1000
Bite me
legendary
Activity: 1960
Merit: 1005
November 18, 2013, 08:35:20 AM
#1
Hello all!
I am not sure if this topic is for here.. but i wanted to ask how does exactly the difficulty affect the speed of minning and the chance of getting new coins( not only bitcoins). Is there something like formula to know what to expect? Thank you
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