Lets say you earn $100 a day and it costs you $50 a day to earn that.
If your earning drops 10% your profit drops 20% ...
i.e. the cost of earning makes a big difference
Topic: How To Correctly Phrase How Difficulty Impacts Miner Productivity (Read 113 times)
January 16, 2022, 07:04:54 PM
I have been saying that a 10% increase in Difficulty results in a 10% reduction in productivity of a miner. I think it is a good approximation. But not accurate when dealing with larger increases.
If Difficulty went up 100%, the productivity of a miner would not go down by 100%, since that would result in zero productivity. It goes down by 50%.
So what is the correct way to explain the percent drop in productivity when a Difficulty goes up by X%
I know, I'm clearly not a math major, but I can understand a formula when it is presented to me
If Difficulty went up 100%, the productivity of a miner would not go down by 100%, since that would result in zero productivity. It goes down by 50%.
So what is the correct way to explain the percent drop in productivity when a Difficulty goes up by X%
I know, I'm clearly not a math major, but I can understand a formula when it is presented to me
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