Bitcoin Forum
May 12, 2024, 07:02:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Beginners & Help > How to calculate chance of finding a block ?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: How to calculate chance of finding a block ?  (Read 423 times)
Monopoly (OP)
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500



View Profile
August 24, 2015, 03:43:51 AM
Last edit: August 24, 2015, 04:49:43 AM by Monopoly
 #1
Hello ,

Is there any formula for CALCULATING chance of finding a block at solo mining ?
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715497330
Hero Member
*
Offline Offline

Posts: 1715497330

View Profile Personal Message (Offline)

Ignore
1715497330
1715497330
Reply with quote  #2
1715497330
Report to moderator
1715497330
Hero Member
*
Offline Offline

Posts: 1715497330

View Profile Personal Message (Offline)

Ignore
1715497330
1715497330
Reply with quote  #2
1715497330
Report to moderator
1715497330
Hero Member
*
Offline Offline

Posts: 1715497330

View Profile Personal Message (Offline)

Ignore
1715497330
1715497330
Reply with quote  #2
1715497330
Report to moderator
Hexcoin
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
August 24, 2015, 04:53:55 AM
 #2
Quote from: Monopoly on August 24, 2015, 03:43:51 AM
Hello ,

Is there any formula for CALCULATING chance of finding a block at solo mining ?

(total mining power) / (your mining power) = your chance of finding a block
BurtW
Legendary
*
Offline Offline

Activity: 2646
Merit: 1136

All paid signature campaigns should be banned.


View Profile WWW
August 24, 2015, 04:57:32 AM
 #3
You can try this:

https://en.bitcoin.it/wiki/Generation_Calculator
Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
Pages: [1]
  Print  
Bitcoin Forum > Other > Beginners & Help > How to calculate chance of finding a block ?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!