How to calculate bitcoin earnings in FPPS. (Improve my formula)
I am currently working on a formula to calculate my bitcoin earnings for a 24h timeframe on BTC.com pool
The formula I have come up with so far is the following:
bitcoinPerDay = ((minerHashrate * blockReward * numberOfSecondsPerDay) / (difficulty * 2^32)) * poolFeeMultiplier
The results I am getting are pretty good.
They are very close to the results that the mining profit calculator at https://btc.com/tools/mini-mining-calculator is giving me.
At the moment my formula only works for PPS payout. Using the calculator I can see that in FPPS earnings are about 10-15% higher.
I would like to know how I can include the FPPS-Reward/Transaction-Fee into this calculation.
Any hints are appreciated!
The formula I have come up with so far is the following:
bitcoinPerDay = ((minerHashrate * blockReward * numberOfSecondsPerDay) / (difficulty * 2^32)) * poolFeeMultiplier
The results I am getting are pretty good.
They are very close to the results that the mining profit calculator at https://btc.com/tools/mini-mining-calculator is giving me.
At the moment my formula only works for PPS payout. Using the calculator I can see that in FPPS earnings are about 10-15% higher.
I would like to know how I can include the FPPS-Reward/Transaction-Fee into this calculation.
Any hints are appreciated!