Hey guys!
I would like to get a formula for profitability of mining Signatum (my expected reward per block).
Assume that we know:
HR - my hash rate
NHR - network hash rate
BR - block reward (Signatum price * number of Signatum coins rewarded per block)
DF - difficulty
Here on the forums I've found formulas for other coins:
Bitcoin : userHash/(difficulty*(2^32))*blockReward*3600*1000000000(hashFactor)
ETH: (userHash/difficulty)*blockReward*3600*hashFactor
Zcash: userHash/((difficulty)*solsPerDiff)*blockReward*3600*hashFactor (sollsPerDiff = 8192)
Monero: userHash/(difficulty*1e9)*blockReward*3600
Anyone knows how this formula looks for Signatum?
I always looking for the math formula to calculate the profit of coin. Thanks for sharing such info although you are actually asking question. From the formula that you provided, seems like network hash rate will never use in the calculation...