What is the right algorithm to calculate estimated daily earning per mhs
lets talk about moon coin
http://www.coinwarz.com/cryptocurrency/coins/mooncoinBlock Reward 1m coin
Block Time 90 seconds
Exchange rate 0.00000001 btc
Diff 26.17
someone told me that for usde
(24/(6.25*2^32/(1*10^6)/3600)*4000)*(5.5*10^-7) = 0.007081
6.25 = diff
4000 = blockreward
5.5*10^-7 = 55 satoshi
but not sure where to type the block time?
Surprisingly block time is not used in the formula. This is what I use:
Production=REWARD / (DIFF * (2^32 / HASH_RATE / 3600 / 24))
Note that HASH_RATE is the hashes per second, not kilohashes.