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Topic: Profitability equation (Read 691 times)

member
Activity: 79
Merit: 18
May 13, 2017, 12:44:20 PM
#7
I lose track of which coins are which algorithms mostly, I just use calculators like this one: https://www.cryptocompare.com/mining/calculator/ltc?HashingPower=4.75&HashingUnit=MH%2Fs&PowerConsumption=100&CostPerkWh=0.12

That does 9 kinds of coins, updates on the fly, so it might be Javascript.  Try view source on the page, you might find the number you're looking for.
hero member
Activity: 636
Merit: 516
May 12, 2017, 02:05:48 AM
#6
it doesn't work with pascal coin for example, just try yourself, that formula is from bitcoin, some coin have different tech behind how the diff and the reward work

pascal coin uses a variation of sha256, not bitcoin's sha256d.
i specifically mentioned scrypt and x11 regardless.

sr. member
Activity: 406
Merit: 250
May 12, 2017, 12:18:43 AM
#5
that can't be always used, i like better the one that involve the nethash/yourhash rate with the emission rate per day, it's not 100% accurate if the diff retarget is slow, but it's a good estimate

how can't it always be used?
you realise nethashrate is calculated directly from that formula, factoring in your share size/rate?


it doesn't work with pascal coin for example, just try yourself, that formula is from bitcoin, some coin have different tech behind how the diff and the reward work
hero member
Activity: 636
Merit: 516
May 11, 2017, 09:15:17 PM
#4
that can't be always used, i like better the one that involve the nethash/yourhash rate with the emission rate per day, it's not 100% accurate if the diff retarget is slow, but it's a good estimate

how can't it always be used?
you realise nethashrate is calculated directly from that formula, factoring in your share size/rate?
sr. member
Activity: 406
Merit: 250
May 05, 2017, 05:54:37 AM
#3
that can't be always used, i like better the one that involve the nethash/yourhash rate with the emission rate per day, it's not 100% accurate if the diff retarget is slow, but it's a good estimate
hero member
Activity: 636
Merit: 516
May 05, 2017, 02:41:49 AM
#2
Hi all,

As we know, scrypt profitability (or hashes required to solve for a block) can be represented in the following equation:
difficulty * (2^32) / blocktime = estimated_hashes_for_block

The equation differs for x11, however this is limited to the center part (2 to the 32nd power).
Does anyone know what this value needs to be to suit x11 algorithm coins?

james

my bad, appears to be the same; dash figures are what i'd expect.
hope this helps someone in future,
james
hero member
Activity: 636
Merit: 516
May 05, 2017, 01:15:38 AM
#1
Hi all,

As we know, scrypt profitability (or hashes required to solve for a block) can be represented in the following equation:
difficulty * (2^32) / blocktime = estimated_hashes_for_block

The equation differs for x11, however this is limited to the center part (2 to the 32nd power).
Does anyone know what this value needs to be to suit x11 algorithm coins?

james
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