1day diff hashrate(MH/sec) sec in day reward
1 / ((0.23025923 * (2**32)) / (1000 * (10**3)) / 86400) * 3.5
this is for cosmoscoin as an example.
it would tell me how much cosmoscoin I would earn in a 24 hour period with 1000 mh/sec which is 305.77704373
and if the block was 80,90,120,etc sec? where i should have entered it?
if i have 2 coin
A) 1 with 10 diff block time 60 sec reward 1
B) 1 with 10 diff block time 120 sec reward 1
i expect the double of the coins from A... but
this is what i don't understand :-)
I am pretty sure you do not have to. the average amount of time a block is SUPPOSED to be created on the network is irrelevant I think.
What matters is the difficulty, block reward, and how much hash rate you have.
Think about it.. your hash rate above can easily find 20K shares via cgminer. It happens quite often if you watch it. That means you would have just
created a block on a low difficulty coin. And if you can find dozens of 20K shares per day you just created dozens of blocks. How often the network is
SUPPOSED to find blocks does not matter in this calculation. Difficulty will change if the network detects blocks being created too fast and difficulty
will go up. So that time of block supposed to be found variable does not matter. That is used for a different calculation by the coin software.
anyone please correct me if I am wrong.