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Title: How those mining calculators work Post by: DrakonX on October 05, 2017, 10:21:11 AM I've always wondered how these mining calculators work. Now I saw a formula:
Code: Reward = ((hashrate * block_reward) / (current_difficulty * 2^32)) * (1 - pool_fee) * 3600 My question therefore is: to which period does "reward" refer to? To an hour, a day or a month? The number 3600 appears within formula, which makes me think it could be an hour. However, the result of several dollars per hour seems a little bit too high. That's why I'm unsure. Any suggestions? Title: Re: How those mining calculators work Post by: DrakonX on December 06, 2017, 10:43:06 AM What the hell is wrong with you? The question is not that hard, is it?
Title: Re: How those mining calculators work Post by: os2sam on December 06, 2017, 11:00:31 AM Since you got this equation from Minergate.com you should post in their support thread and ask them how it is supposed to work.
https://bitcointalk.org/index.php?topic=607454.msg6706095#msg6706095 |