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Author Topic: How to Calculate altcoins rewards ?  (Read 2208 times)
peoples
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December 29, 2016, 05:30:49 PM
 #1

Hello,

does someone know how to calculate coin earnings by given hashrate ?

Is the formular same for all coins with same algo ? Or do formulas different for each coin ?

Looking for formula for:

lbry / ethereum / zcash / sia

Thanks !

regards
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peoples
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December 29, 2016, 05:37:37 PM
 #2

Found it for Ethereum:

Shows earnings for a day:
24(hours)/(((Difficulty/Factor MHs)/(Hashrate))/seconds day)*Block Reward

So for 100 MH/s

24/(((78578831227792/1000000)/(100))/3600)*5  = 0,55 Ether a day.
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December 31, 2016, 03:26:48 PM
 #3

no one?
Golku
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December 31, 2016, 04:21:24 PM
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I use https://whattomine.com/ it will automatically calculate the earning in altcoin and btc
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December 31, 2016, 09:25:37 PM
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Like Golku said - we use calculators now.
whattomine is good.

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krnlx
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December 31, 2016, 09:28:12 PM
 #6

<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>
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December 31, 2016, 10:21:32 PM
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no one?

You already gave right answer to your own question  Grin

krlnx calculation works if coin difficulty retargets fast. Go and look some average block times for last 24h and compare that to specs.
peoples
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January 11, 2017, 11:34:50 PM
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no one?

You already gave right answer to your own question  Grin

krlnx calculation works if coin difficulty retargets fast. Go and look some average block times for last 24h and compare that to specs.

alright wasn't sure if the same calc applies to "all" altcoins (?)

Thanks
peoples
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January 15, 2017, 01:31:50 PM
 #9

<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

@krnlx thanks. Your calc is based on given networkhashrate and block time. Do you also now the formula to calculate reward by given difficulty ?

Maybe some can explain me where the difference are in calculating rewards? I thought reward can be calculated with -> Blockreward / own Hashrate / Difficulty (like bitcoin or ether)

Zcash for example seems to be different.

Thanks!
peoples
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January 16, 2017, 08:53:00 AM
 #10

<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

@krnlx thanks. Your calc is based on given networkhashrate and block time. Do you also now the formula to calculate reward by given difficulty ?

Maybe some can explain me where the difference are in calculating rewards? I thought reward can be calculated with -> Blockreward / own Hashrate / Difficulty (like bitcoin or ether)

Zcash for example seems to be different.

Thanks!


Allright, gotit:

Bitcoin : userHash/(difficulty*(2^32))*blockReward*3600*1000000000(hashFactor)
ETH: (userHash/difficulty)*blockReward*3600*hashFactor
Zcash:  userHash/((difficulty)*solsPerDiff)*blockReward*3600*hashFactor (sollsPerDiff = 8192)
Monero: userHash/(difficulty*1e9)*blockReward*3600

Maybe someone know what the 8192 sollutions per diff means ?
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January 16, 2017, 09:41:37 AM
 #11

<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

@krnlx thanks. Your calc is based on given networkhashrate and block time. Do you also now the formula to calculate reward by given difficulty ?

Maybe some can explain me where the difference are in calculating rewards? I thought reward can be calculated with -> Blockreward / own Hashrate / Difficulty (like bitcoin or ether)

Zcash for example seems to be different.

Thanks!


Allright, gotit:

Bitcoin : userHash/(difficulty*(2^32))*blockReward*3600*1000000000(hashFactor)
ETH: (userHash/difficulty)*blockReward*3600*hashFactor
Zcash:  userHash/((difficulty)*solsPerDiff)*blockReward*3600*hashFactor (sollsPerDiff = 8192)
Monero: userHash/(difficulty*1e9)*blockReward*3600

Maybe someone know what the 8192 sollutions per diff means ?
Thank you, is nice to have al this informations gathered in one place!
The Godfather
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March 23, 2018, 05:11:59 PM
 #12

any1 can help me with calculating reward?

is there uniqe equation for calculating?

This one:
<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

should works, but it doesnt work for me.. it gives me less coins that i recived in wallet.
And what abbout diff? Where is diff in that equation?
QryptoKing
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August 12, 2018, 11:45:48 AM
 #13

any1 can help me with calculating reward?

is there uniqe equation for calculating?

This one:
<YOUR HASHRATE> / (<YOUR HASHRATE> + <NETWORK HASHRATE>) x <BLOCKS PER 24H> x <BLOCK REWARD>

should works, but it doesnt work for me.. it gives me less coins that i recived in wallet.
And what abbout diff? Where is diff in that equation?

<your hashrate> should only be in the calculation if U are not already mining. When U are already mining then <your hasrate> is already a part of the <network hashrate>. Right?
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