I'm trying to incorporate the ether profit formula in an excel worksheet. Does anyone have a formula that works?
I saw an earlier post about the formula and could not get results that were anywhere near correct.
Upon having quick research, I found this thread stated about the
Ethereum (ETH) mining profit formula, it might this is what you are looking for, and here is a quote that I think is correct and relevant towards your question.
I don't think you need block time in the formula.
$/day = (hashrateMHs * block rewards *1,000,000 / difficulty) *60*60*24*ETH price.
I also didn't know if I'm right, I just guessing your question of what it is due to its unclear details. Well, good luck with your mining, and I hope you will come back give us an update.