Ok, I want to start mining and get about 500khash/s What is an average Hash per second for an averg=age miner? I keep seeing people saying: 'Yay! I am getting my 500Mhash/s miner tomorrow' but in other places that seems low. Then I see these 5GHash/s miners from BFL. What is an average hash rate for a miner? Thank You!
Most miners talking about KHash/s are talking about Litecoin mining, while those talking about MHash/s are talking about Bitcoin mining.
The hash algorithm for LTC (scrypt) is about 1,000 times slower than the algorithm for BTC (SHA-256), which explains the speed difference.
There is no average rate. Different people mine a different speeds.
BTC:
https://en.bitcoin.it/wiki/Mining_hardware_comparisonLTC:
https://github.com/litecoin-project/litecoin/wiki/Mining-hardware-comparisonA Kh/s is anything up to 1,000 hashes per second.
A Gh/s is anything up to 10,000 hashes per second
and a Mh/s is anything up to 100,000 hashes per second.
No, not really.
1 K = 1,000
1 M = 1,000 K = 1,000,000
1 G = 1,000 M = 1,000,000,000