Post
Topic
Board Mining speculation
Re: Diminishing Revenue in BTC Mining
by
Crankautist
on 14/10/2017, 18:35:44 UTC
Is the amount of revenue a miner generates in direct proportion to the amount of global hashrate there is on the network?

For example, if 5% more hashpower is added to the network, does that mean your revenue will go down 5% if your hashrate remains constant?

Yes. There is some probality in bitcoin mining (poisson and exponentional distribution) but over a long enough time the statement is correct.