Post
Topic
Board Securities
Re: [BitFunder] [TAT.VIRTUALMINE] Virtual Mining - Hash Without Hardware!
by
JoseRolles
on 04/09/2013, 00:21:17 UTC
Wondering why dividends dropped from ฿0.00000765 to ฿0.00000745 per share on 9/3? Is difficulty no longer 65,750,060?

Quote
* The formula used:
D is the current difficulty
H is your hash rate in Mhash/s = 1 MH
B is the current block reward in BTC = 25 btc
(H*B/D) * (60*60*24 * 65535 * 10^6 / 2^48)

Difficulty used for the past nine dividend calc was 65,750,060
(1*25/65750060) * (60*60*24 * 65535 * 10^6 / 2^48) = ฿0.00000765

For it to be ฿0.00000745 now, that would mean the difficulty used to calculate was 67,504,230 (below the next estimated difficulty increase).
(1*25/67504230) * (60*60*24 * 65535 * 10^6 / 2^48) = ฿0.00000745


Thanks for the explanation in advance.