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Author Topic: Bitcoin Mining calculator - the maths  (Read 2503 times)
gutshot (OP)
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February 02, 2014, 05:15:39 PM
 #1

Hi,

Can someone please provide me with the mathematical formula to calculate daily bitcoin earnings for 1gh of hashing power? Will send a $20 btc donation to the first person that posts this  formula

Thanks
Rannasha
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February 02, 2014, 05:41:36 PM
 #2

See the following page for more details: https://en.bitcoin.it/wiki/Difficulty

The time required to find 1 block is given by:
t = D * 2^32 / H
(D = Difficulty, H = hashrate, t = time in seconds).

So the number of blocks per seconds is given by:
BPS = H / (D * 2^32)

You get 25 BTC per block, so the income per second in BTC is
I = 25 * H / (D * 2^32)

or per day:
I = 2160000 * H / (D * 2^32)

1 Ghash/s would do:
I = 2160000 * 10^9 / (D * 2^32)

or:
I = 502914 / D

At current difficulty of 2,193,847,870, that would be:
I = 0.000229238 BTC per day or 0.229238 mBTC per day.
gutshot (OP)
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February 02, 2014, 06:34:45 PM
 #3

See the following page for more details: https://en.bitcoin.it/wiki/Difficulty

The time required to find 1 block is given by:
t = D * 2^32 / H
(D = Difficulty, H = hashrate, t = time in seconds).

So the number of blocks per seconds is given by:
BPS = H / (D * 2^32)

You get 25 BTC per block, so the income per second in BTC is
I = 25 * H / (D * 2^32)

or per day:
I = 2160000 * H / (D * 2^32)

1 Ghash/s would do:
I = 2160000 * 10^9 / (D * 2^32)

or:
I = 502914 / D

At current difficulty of 2,193,847,870, that would be:
I = 0.000229238 BTC per day or 0.229238 mBTC per day.

thank you whats your btc address?
Rannasha
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February 02, 2014, 06:50:05 PM
 #4

See the following page for more details: https://en.bitcoin.it/wiki/Difficulty

The time required to find 1 block is given by:
t = D * 2^32 / H
(D = Difficulty, H = hashrate, t = time in seconds).

So the number of blocks per seconds is given by:
BPS = H / (D * 2^32)

You get 25 BTC per block, so the income per second in BTC is
I = 25 * H / (D * 2^32)

or per day:
I = 2160000 * H / (D * 2^32)

1 Ghash/s would do:
I = 2160000 * 10^9 / (D * 2^32)

or:
I = 502914 / D

At current difficulty of 2,193,847,870, that would be:
I = 0.000229238 BTC per day or 0.229238 mBTC per day.

thank you whats your btc address?

The one in my signature: 1Gideon33Q7ANGhCbfkxPHpWoNGz5Lyskm
Rannasha
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February 09, 2014, 05:01:27 PM
 #5

Hi,

Can someone please provide me with the mathematical formula to calculate daily bitcoin earnings for 1gh of hashing power? Will send a $20 btc donation to the first person that posts this  formula

Thanks

Never received any coins.

If you didn't want to pay out, just don't offer a reward. People (including myself) still answer questions even if there's no reward promised, but we (or at least I) do prefer honesty.
POFIGATOR
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February 12, 2014, 01:40:48 PM
 #6

http://bitcoin.web-share.nl -вpoдe нopмaльный кaлькyлятop
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