what do you mean? 14MH is what a 5x750Ti should get mining this coin. Do I need to use another value for Quark?
Okay. I was making sure 14MH was for Quark, not Scrypt. I will look into this more, I am confused also.
Topic: How to calculate Alt-Coin profit (Read 583 times)
Okay. I was making sure 14MH was for Quark, not Scrypt. I will look into this more, I am confused also.
what do you mean? 14MH is what a 5x750Ti should get mining this coin. Do I need to use another value for Quark?
Have you adjusted the HashPerSec to Quark algorithm?
Ok,
I wrote my own profit calculator for different alt-coins. But today, I realized that it might not be correct 100%. I checked a lot of alt-coins against public profit calculators, and it wsa always the same result, but one coin is different, and I don't know why. The formula for the calculation is simple:
It's pretty much self explaining, except for the "2^32" which basicly means 1 in 2^32 hashes will result in a share. Now, this formula is taken from bitexchange, but it also works for nearly every alt-coin I tested.
Why nearly? Because as I already wrote it does not work for BitQuark. If you calculate with the current BitQuark values, it will result in a very low coinperday value:
This would mean, that I would get 1.1170445699 coins per day with 14MH and a block reward of 2.5 coins per block. But when you check low frequented pools (I found one with 17MH) you can see that they get several blocks per day. So what is wrong with my calculation? The only thing I can image is, that the 2^32 value does not fit all alt-coins (maybe due to block time etc.)
Is anyone here able to explain to me, what's wrong with my calculations?
I wrote my own profit calculator for different alt-coins. But today, I realized that it might not be correct 100%. I checked a lot of alt-coins against public profit calculators, and it wsa always the same result, but one coin is different, and I don't know why. The formula for the calculation is simple:
Code:
diff.f = DIFFICULTY
hps = HASHRATE_IN_HASH_PER_SECOND
blocks.f = (diff * 2^32) / hps / (24*60*60)
blocksperday.f = 1 / blocks
coinperday.f = blocksperday * BLOCK_REWARD
hps = HASHRATE_IN_HASH_PER_SECOND
blocks.f = (diff * 2^32) / hps / (24*60*60)
blocksperday.f = 1 / blocks
coinperday.f = blocksperday * BLOCK_REWARD
It's pretty much self explaining, except for the "2^32" which basicly means 1 in 2^32 hashes will result in a share. Now, this formula is taken from bitexchange, but it also works for nearly every alt-coin I tested.
Why nearly? Because as I already wrote it does not work for BitQuark. If you calculate with the current BitQuark values, it will result in a very low coinperday value:
Code:
diff.f = 630.30597469
hps = 14000000
blocks.f = (diff * 2^32) / hps / (24*60*60)
blocksperday.f = 1 / blocks
coinperday.f = blocksperday * 2.5
hps = 14000000
blocks.f = (diff * 2^32) / hps / (24*60*60)
blocksperday.f = 1 / blocks
coinperday.f = blocksperday * 2.5
This would mean, that I would get 1.1170445699 coins per day with 14MH and a block reward of 2.5 coins per block. But when you check low frequented pools (I found one with 17MH) you can see that they get several blocks per day. So what is wrong with my calculation? The only thing I can image is, that the 2^32 value does not fit all alt-coins (maybe due to block time etc.)
Is anyone here able to explain to me, what's wrong with my calculations?
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