Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: peoples on December 29, 2016, 05:30:49 PM



Title: How to Calculate altcoins rewards ?
Post by: peoples on December 29, 2016, 05:30:49 PM
Hello,

does someone know how to calculate coin earnings by given hashrate ?

Is the formular same for all coins with same algo ? Or do formulas different for each coin ?

Looking for formula for:

lbry / ethereum / zcash / sia

Thanks !

regards


Title: Re: How to Calculate altcoins rewards ?
Post by: peoples on December 29, 2016, 05:37:37 PM
Found it for Ethereum:

Shows earnings for a day:
24(hours)/(((Difficulty/Factor MHs)/(Hashrate))/seconds day)*Block Reward

So for 100 MH/s

24/(((78578831227792/1000000)/(100))/3600)*5  = 0,55 Ether a day.


Title: Re: How to Calculate altcoins rewards ?
Post by: peoples on December 31, 2016, 03:26:48 PM
no one?


Title: Re: How to Calculate altcoins rewards ?
Post by: Golku on December 31, 2016, 04:21:24 PM
I use https://whattomine.com/ it will automatically calculate the earning in altcoin and btc


Title: Re: How to Calculate altcoins rewards ?
Post by: bobben2 on December 31, 2016, 09:25:37 PM
Like Golku said - we use calculators now.
whattomine is good.


Title: Re: How to Calculate altcoins rewards ?
Post by: krnlx on December 31, 2016, 09:28:12 PM
<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>


Title: Re: How to Calculate altcoins rewards ?
Post by: antantti on December 31, 2016, 10:21:32 PM
no one?

You already gave right answer to your own question  ;D

krlnx calculation works if coin difficulty retargets fast. Go and look some average block times for last 24h and compare that to specs.


Title: Re: How to Calculate altcoins rewards ?
Post by: peoples on January 11, 2017, 11:34:50 PM
no one?

You already gave right answer to your own question  ;D

krlnx calculation works if coin difficulty retargets fast. Go and look some average block times for last 24h and compare that to specs.

alright wasn't sure if the same calc applies to "all" altcoins (?)

Thanks


Title: Re: How to Calculate altcoins rewards ?
Post by: peoples on January 15, 2017, 01:31:50 PM
<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

@krnlx thanks. Your calc is based on given networkhashrate and block time. Do you also now the formula to calculate reward by given difficulty ?

Maybe some can explain me where the difference are in calculating rewards? I thought reward can be calculated with -> Blockreward / own Hashrate / Difficulty (like bitcoin or ether)

Zcash for example seems to be different.

Thanks!


Title: Re: How to Calculate altcoins rewards ?
Post by: peoples on January 16, 2017, 08:53:00 AM
<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

@krnlx thanks. Your calc is based on given networkhashrate and block time. Do you also now the formula to calculate reward by given difficulty ?

Maybe some can explain me where the difference are in calculating rewards? I thought reward can be calculated with -> Blockreward / own Hashrate / Difficulty (like bitcoin or ether)

Zcash for example seems to be different.

Thanks!


Allright, gotit:

Bitcoin : userHash/(difficulty*(2^32))*blockReward*3600*1000000000(hashFactor)
ETH: (userHash/difficulty)*blockReward*3600*hashFactor
Zcash:  userHash/((difficulty)*solsPerDiff)*blockReward*3600*hashFactor (sollsPerDiff = 8192)
Monero: userHash/(difficulty*1e9)*blockReward*3600

Maybe someone know what the 8192 sollutions per diff means ?


Title: Re: How to Calculate altcoins rewards ?
Post by: Ambros on January 16, 2017, 09:41:37 AM
<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

@krnlx thanks. Your calc is based on given networkhashrate and block time. Do you also now the formula to calculate reward by given difficulty ?

Maybe some can explain me where the difference are in calculating rewards? I thought reward can be calculated with -> Blockreward / own Hashrate / Difficulty (like bitcoin or ether)

Zcash for example seems to be different.

Thanks!


Allright, gotit:

Bitcoin : userHash/(difficulty*(2^32))*blockReward*3600*1000000000(hashFactor)
ETH: (userHash/difficulty)*blockReward*3600*hashFactor
Zcash:  userHash/((difficulty)*solsPerDiff)*blockReward*3600*hashFactor (sollsPerDiff = 8192)
Monero: userHash/(difficulty*1e9)*blockReward*3600

Maybe someone know what the 8192 sollutions per diff means ?
Thank you, is nice to have al this informations gathered in one place!


Title: Re: How to Calculate altcoins rewards ?
Post by: The Godfather on March 23, 2018, 05:11:59 PM
any1 can help me with calculating reward?

is there uniqe equation for calculating?

This one:
<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

should works, but it doesnt work for me.. it gives me less coins that i recived in wallet.
And what abbout diff? Where is diff in that equation?


Title: Re: How to Calculate altcoins rewards ?
Post by: QryptoKing on August 12, 2018, 11:45:48 AM
any1 can help me with calculating reward?

is there uniqe equation for calculating?

This one:
<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

should works, but it doesnt work for me.. it gives me less coins that i recived in wallet.
And what abbout diff? Where is diff in that equation?

<your hashrate> should only be in the calculation if U are not already mining. When U are already mining then <your hasrate> is already a part of the <network hashrate>. Right?