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Author Topic: Bitcoin Difficulty Prediction [NOW - MARCH]  (Read 3034 times)
nezarkadhem
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February 10, 2014, 10:00:32 AM
 #21

When you do write something up, please share!

OK, hopefully this is understandable: http://organofcorti.blogspot.com/2014/02/917-estimating-future-bitcoin-mining.html

Cumulative earnings require difficulty, don't they? Earnings require you to predict the number of minded coins * price. And of course the hashrate and reward, but it's fair to assume those are constant.
What I mean was that you can forecast income - for example you can use your "trendline" method on your historical earnings and forecast that directly.

I'm using this formula: 24/(D*232/(H*10ˆ6)/60/60)*C

Is that meant to be "2^32" instead of "232"?



Yes, my bad: 24/(D*2ˆ32/(H*10ˆ6)/60/60)*C

Awaiting the Neptune & Viper
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