Author

Topic: Mining earnings calculation (Read 848 times)

sr. member
Activity: 314
Merit: 250
November 17, 2013, 12:03:48 PM
#4
Could you please illustrate?
thx
sr. member
Activity: 255
Merit: 250
November 17, 2013, 11:59:40 AM
#3
Hello,

Are the below numbers correct in terms of what a person could expect and how to have a estimation of earnings regarding mining?

If you have 500 Gh/s and current Network Hash is 4,774,909 Gh/s and there are 3600 BTC mined per day.
Can you say in average you would expect to mine 0.37 BTC/day?

x = ( 3600 * 500 ) / 4774909 = 0.37

thx



You don't calculate it using network hash, you calculate it using the difficulty to get an estimate....
hero member
Activity: 734
Merit: 500
November 17, 2013, 09:05:04 AM
#2
sr. member
Activity: 314
Merit: 250
November 17, 2013, 06:45:56 AM
#1
Hello,

Are the below numbers correct in terms of what a person could expect and how to have a estimation of earnings regarding mining?

If you have 500 Gh/s and current Network Hash is 4,774,909 Gh/s and there are 3600 BTC mined per day.
Can you say in average you would expect to mine 0.37 BTC/day?

x = ( 3600 * 500 ) / 4774909 = 0.37

thx

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