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Author Topic: Formula to calculate litecoins generated per day by hashrate  (Read 6747 times)
420 (OP)
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November 13, 2012, 02:00:32 AM
Last edit: November 13, 2012, 08:13:15 AM by 420
 #1

Solved thanks to dust

Code:
block_reward/(difficulty*2^32/hashs_per_sec/3600/24)

Code:
50/(18.48285344*2^32/100000/3600/24) = 5.442 LTC/day


Without any fees, what is the calculation for how many litecoins you can make per day?

KNOWNS:
hashrate
difficulty

WANTED:
Litecoins per day produced

for example if I have 100khash/s divide by today's difficulty (18.48285344), that gets:
5.4104200049318791763356643269471

But using a calculator: http://www.litecoinpool.org/calc
5.44195399 LTC is what is says I'll get in one day

so the divide I did above is very close but not exactly the right formula

So what is the right formula?

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jasinlee
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Its as easy as 0, 1, 1, 2, 3


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November 13, 2012, 02:53:19 AM
 #2

You need to bare in mind that is an estimate. That changes if you luck out and solve a block immediately.

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420 (OP)
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November 13, 2012, 03:42:33 AM
 #3

You need to bare in mind that is an estimate. That changes if you luck out and solve a block immediately.

yeah. i'm using pool anyway

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dust
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November 13, 2012, 06:48:47 AM
 #4

Code:
block_reward/(difficulty*2^32/hashs_per_sec/3600/24)

Code:
50/(18.48285344*2^32/100000/3600/24) = 5.442 LTC/day

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420 (OP)
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November 13, 2012, 07:38:54 AM
Last edit: November 13, 2012, 08:12:46 AM by 420
 #5

Code:
block_reward/(difficulty*2^32/hashs_per_sec/3600/24)

Code:
50/(18.48285344*2^32/100000/3600/24) = 5.442 LTC/day

sweet, thanks

I was very close with a simple: (khash/difficulty)*1.0058

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