What’s the percentage % of the world’s population mining for BTC ???

[LittleD]

  May be some one already ask this same question but I’m just curious  to know 

[drawingthesun]

Upper bound hashrate around the current time : 4,000,000,000 MH/s

If all the miners were 300 MH/s GPU's this would equal 13 million miners [1] that would equal 0.0018% of the world population.[2]

In reality I have pushed those numbers to the absolute unrealistic extreme and because one ASIC can hash a hundred or even a thousand times faster than a GPU the percent of world's population hashing is going to be a lot lower (Also I assume one miner per person pushing the percent up even more)

So its between 0% and 0.0018% 0.18%

Interestingly if everyone on Earth shared the mining we would each hash at 1/2 MH/s (Half a megahash each)

[1] (4,000,000,000 MH/s / 300 MH/s = 13,333,333.33)

[2] (13,000,000 / 7,100,000,000 = 0.001830985915493)

EDIT: Thanks to Danny for fixing math errors.

[drrussellshane]

A negligible percentage.

[DannyHamilton]

Upper bound hashrate around the current time : 4,000,000,000 MH/s

If all the miners were 300 MH/s GPU's this would equal 13 million miners [1] that would equal 0.0018% of the world population.[2]

In reality I have pushed those numbers to the absolute unrealistic extreme and because one ASIC can hash a hundred or even a thousand times faster than a GPU the percent of world's population hashing is going to be a lot lower (Also I assume one miner per person pushing the percent up even more)

So its between 0% and 0.0018%

Interestingly if everyone on Earth shared the mining we would each hash at 1/2 MH/s (Half a megahash each)

[1] (4,000,000,000 MH/s / 300 MH/s = 13,333,333.33)

[2] (13,000,000 / 7,100,000,000 = 0.001830985915493)

A couple of mathematical corrections . . .

0.001830985915493 is approximately equal to 0.1831%, not 0.0018%

There is clearly at least one miner, so it must be between 0.0000000141% and 0.1831%

[drawingthesun]

A couple of mathematical corrections . . .

0.001830985915493 is approximately equal to 0.1831%, not 0.0018%

There is clearly at least one miner, so it must be between 0.0000000141% and 0.1831%

Thanks

[BobMarley]

A couple of mathematical corrections . . .

0.001830985915493 is approximately equal to 0.1831%, not 0.0018%

There is clearly at least one miner, so it must be between 0.0000000141% and 0.1831%

Thanks

oh im mining also you can bump it up a little more

[LittleD]

Upper bound hashrate around the current time : 4,000,000,000 MH/s

If all the miners were 300 MH/s GPU's this would equal 13 million miners [1] that would equal 0.0018% of the world population.[2]

In reality I have pushed those numbers to the absolute unrealistic extreme and because one ASIC can hash a hundred or even a thousand times faster than a GPU the percent of world's population hashing is going to be a lot lower (Also I assume one miner per person pushing the percent up even more)

So its between 0% and 0.0018%

Interestingly if everyone on Earth shared the mining we would each hash at 1/2 MH/s (Half a megahash each)

[1] (4,000,000,000 MH/s / 300 MH/s = 13,333,333.33)

[2] (13,000,000 / 7,100,000,000 = 0.001830985915493)

A couple of mathematical corrections . . .

0.001830985915493 is approximately equal to 0.1831%, not 0.0018%

There is clearly at least one miner, so it must be between 0.0000000141% and 0.1831%

Thank you very helpful

[cowandtea]

Too low to count, if only 1% of the world population is mining then we could have 1000 TH...