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3178128
Topic
263445
Board
Securities
Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining)
by
Bitcycle
on
18/09/2013, 00:43:53 UTC
Quote from: VolanicEruptor on September 18, 2013, 12:32:54 AM
100BTC/week means 14.28 bitcoins per day.. so there is a 14.28/25 (57%) chance of discovering a block in 24 hours
edit: that's 47.5% chance of finding one in 20 hours
Expanding on that approach
16 hr - 38%
12 hr- 28.5%
8 hr- 19%
4 hr- 9.5%