Network Hash Rate: 20.97 MH/sec
If I am mining with a given hashrate (let's say 1 kh), will I likely mine more XMR when the network hashrate is lower (~12Mh) versus higher (~20Mh as it is currently)?
I know that the difficulty retargets every block, which is every minute, but I am not certain about this comparison that I am asking about.
Thanks in advance for knowledgeable replies.
The total number of XMR minted per day is approximately fixed so if you have a fixed hash rate then your share of the total (and therefore your amount mined) is higher if the network hash rate is lower.
That being said, a higher network hash rate is somewhat correlated to a higher price so the XMR you do mine may be worth more under conditions where the network hash rate is higher, all else being equal. In fact over the past few days the price has indeed been stronger (at least not dropping every day).