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Author Topic: Formulas for calculating the estimated number of coins per day  (Read 733 times)
ShaSoftware (OP)
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April 23, 2014, 08:58:39 PM
 #1

Hello all,

I was wondering if anyone could help me with this conundrum I have here.

I have the formula for estimate number of Sha-256 coins:

target = 0x00000000ffff0000000000000000000000000000000000000000000000000000 / difficulty

target = 2.69595 *10^67 / difficulty

time per block = 2^256 /(target*hashrate)

coins per day = 3600 * 24 * bitcoins_per_block / time_per_block

coins per day = 3600 * 24 * 25 / [2^256 / ( (2.69595 *10^67 / D ) * H )]

coins per day = 2160000 / (4.29503 *10^9) * D  / H

coins per day = 5.02906 * 10-4  * H / D

Now convert it to Megahashes:

coins per day = 502.906  * H / D

But I am wondering if anyone knows how to modify that for Scrypt and Scrypt-N coins?
So just wondering if there are certain formulas for different coins, especially Scrypt-N because it not has the new N factor. This is going off of coinwarz of course.

Thanks in advance everyone.

Jay Bell
CEO, Sha Software
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April 27, 2014, 10:20:36 PM
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hashes to solve = (2^32)*difficulty

daily hashes = (hashrate/sec) * 86400

blocks solved/day = (daily hashes / hashes to solve)

reward/day = (blocks solved/day) * reward



Heres an example from our Vertcoin pool which is running at around 125mh/sec

((125,000,000*86400)/((2^32)*244.35))*50 = 514.54 V/day


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