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Title: Bitcoin Mining calculator - the maths Post by: gutshot on February 02, 2014, 05:15:39 PM Hi,
Can someone please provide me with the mathematical formula to calculate daily bitcoin earnings for 1gh of hashing power? Will send a $20 btc donation to the first person that posts this formula Thanks Title: Re: Bitcoin Mining calculator - the maths Post by: Rannasha on February 02, 2014, 05:41:36 PM See the following page for more details: https://en.bitcoin.it/wiki/Difficulty
The time required to find 1 block is given by: t = D * 2^32 / H (D = Difficulty, H = hashrate, t = time in seconds). So the number of blocks per seconds is given by: BPS = H / (D * 2^32) You get 25 BTC per block, so the income per second in BTC is I = 25 * H / (D * 2^32) or per day: I = 2160000 * H / (D * 2^32) 1 Ghash/s would do: I = 2160000 * 10^9 / (D * 2^32) or: I = 502914 / D At current difficulty of 2,193,847,870, that would be: I = 0.000229238 BTC per day or 0.229238 mBTC per day. Title: Re: Bitcoin Mining calculator - the maths Post by: gutshot on February 02, 2014, 06:34:45 PM See the following page for more details: https://en.bitcoin.it/wiki/Difficulty The time required to find 1 block is given by: t = D * 2^32 / H (D = Difficulty, H = hashrate, t = time in seconds). So the number of blocks per seconds is given by: BPS = H / (D * 2^32) You get 25 BTC per block, so the income per second in BTC is I = 25 * H / (D * 2^32) or per day: I = 2160000 * H / (D * 2^32) 1 Ghash/s would do: I = 2160000 * 10^9 / (D * 2^32) or: I = 502914 / D At current difficulty of 2,193,847,870, that would be: I = 0.000229238 BTC per day or 0.229238 mBTC per day. thank you whats your btc address? Title: Re: Bitcoin Mining calculator - the maths Post by: Rannasha on February 02, 2014, 06:50:05 PM See the following page for more details: https://en.bitcoin.it/wiki/Difficulty The time required to find 1 block is given by: t = D * 2^32 / H (D = Difficulty, H = hashrate, t = time in seconds). So the number of blocks per seconds is given by: BPS = H / (D * 2^32) You get 25 BTC per block, so the income per second in BTC is I = 25 * H / (D * 2^32) or per day: I = 2160000 * H / (D * 2^32) 1 Ghash/s would do: I = 2160000 * 10^9 / (D * 2^32) or: I = 502914 / D At current difficulty of 2,193,847,870, that would be: I = 0.000229238 BTC per day or 0.229238 mBTC per day. thank you whats your btc address? The one in my signature: 1Gideon33Q7ANGhCbfkxPHpWoNGz5Lyskm Title: Re: Bitcoin Mining calculator - the maths Post by: Rannasha on February 09, 2014, 05:01:27 PM Hi, Can someone please provide me with the mathematical formula to calculate daily bitcoin earnings for 1gh of hashing power? Will send a $20 btc donation to the first person that posts this formula Thanks Never received any coins. If you didn't want to pay out, just don't offer a reward. People (including myself) still answer questions even if there's no reward promised, but we (or at least I) do prefer honesty. Title: Re: Bitcoin Mining calculator - the maths Post by: POFIGATOR on February 12, 2014, 01:40:48 PM http://bitcoin.web-share.nl -вpoдe нopмaльный кaлькyлятop
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