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Author Topic: How to calculate chance of finding a block ?  (Read 420 times)
Monopoly (OP)
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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 ?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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August 24, 2015, 04:53:55 AM
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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
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August 24, 2015, 04:57:32 AM
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You can try this:

https://en.bitcoin.it/wiki/Generation_Calculator

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