That type of graph is a CDF (continual distribution function). It isn't saying what you think it is saying. It isn't saying you will find a block on average every 2.4 days. It is a continual distribution function. It is backwards looking. Say you mined a infinite number of blocks and recorded the amount of time each block took. You would find that based on the values you used that 50% of them took longer than 2.4 days and 50% took less than 2.4 days. You can't simply take 2.4 double it and say 100% of blocks will be found in 4.8 days. Mining doesn't work that way.
Topic: Need help understanding litecoin mining calculator (Read 1439 times)
I'm having some trouble understanding the numbers I'm seeing on litecoinpool's mining calculator.
http://www.litecoinpool.org/calc?hashrate=325&difficulty=22.36096172
Putting in my hashrate and current difficulty, the graph puts 50% probability of finding a block at about 2.4 days.
But the numbers shown in the Expected Rewards section don't seem to match. If I'm finding a block every 2.4 days on average, I would expect to earn 145.833 LTC at 7 days, but it shows 102.332 LTC.
Why the difference?
http://www.litecoinpool.org/calc?hashrate=325&difficulty=22.36096172
Putting in my hashrate and current difficulty, the graph puts 50% probability of finding a block at about 2.4 days.
But the numbers shown in the Expected Rewards section don't seem to match. If I'm finding a block every 2.4 days on average, I would expect to earn 145.833 LTC at 7 days, but it shows 102.332 LTC.
Why the difference?
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