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bobsmoke (OP)
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November 17, 2013, 10:45:56 AM
 #1
Hello,

Are the below numbers correct in terms of what a person could expect and how to have a estimation of earnings regarding mining?

If you have 500 Gh/s and current Network Hash is 4,774,909 Gh/s and there are 3600 BTC mined per day.
Can you say in average you would expect to mine 0.37 BTC/day?

x = ( 3600 * 500 ) / 4774909 = 0.37

thx
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teletobi
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November 17, 2013, 01:05:04 PM
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Have a look here:
http://mining.thegenesisblock.com
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November 17, 2013, 03:59:40 PM
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Quote from: bobsmoke on November 17, 2013, 10:45:56 AM
Hello,

Are the below numbers correct in terms of what a person could expect and how to have a estimation of earnings regarding mining?

If you have 500 Gh/s and current Network Hash is 4,774,909 Gh/s and there are 3600 BTC mined per day.
Can you say in average you would expect to mine 0.37 BTC/day?

x = ( 3600 * 500 ) / 4774909 = 0.37

thx



You don't calculate it using network hash, you calculate it using the difficulty to get an estimate....
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bobsmoke (OP)
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November 17, 2013, 04:03:48 PM
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Could you please illustrate?
thx
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