Search content
Sort by
Showing 10 of 10 results by BlackSheep19
Re: [ANN][PRE-ICO] Hada DBank - Banking. As it should be.
It's very good to see a bank denouncing the fact that our economy is based on debt an interests created out of thin air. Debt can never end as it fuels the economy and make the banks richer everyday. That's why the principles of islamic finance are interesting !
Re: ⚡🚀🌕[BOUNTY][AIRDROP]⚡🚀💲20 - 1,000 ADI Tokens for join Telegram - Aditus
Hello
I would like to know what are the different luxury services you will provide in the future. And how you will direct your maketing campaign towards this specific target?
Telegram name: @BlackSheep19
Wishing the best to the team
I would like to know what are the different luxury services you will provide in the future. And how you will direct your maketing campaign towards this specific target?
Telegram name: @BlackSheep19
Wishing the best to the team
This short post aims at helping miners or aspiring miners estimate ETH earnings. Finding an easy-to-use ETH profit formula on the web was quite hard for me, so it might help you.
This formula is very useful if your goal is to make estimate of future earnings (and profit) with your own spreadsheet.
Formula:
EarningsPerMonth = (UserHashMh * 1e6 / ((difficultyTH / BlockTimeSec)*1000*1e9))*((60/ BlockTimeSec)*BlockReward)*(60*24*30)*(EthPrice)
With:
UserHashMh = Mining servers hashpower (in MH/s)
Difficulty in TH/s
BlockTime in seconds
BlockReward = number of ETH per block mined (5 currently)
EthPrice in fiat
Enjoy =)
This formula is very useful if your goal is to make estimate of future earnings (and profit) with your own spreadsheet.
Formula:
EarningsPerMonth = (UserHashMh * 1e6 / ((difficultyTH / BlockTimeSec)*1000*1e9))*((60/ BlockTimeSec)*BlockReward)*(60*24*30)*(EthPrice)
With:
UserHashMh = Mining servers hashpower (in MH/s)
Difficulty in TH/s
BlockTime in seconds
BlockReward = number of ETH per block mined (5 currently)
EthPrice in fiat
Enjoy =)
thankyou
Happy to help ! I'll try to provide more formulas (other cryptos)
I don't think you need block time in the formula.
$/day = (hashrateMHs * block rewards *1,000,000 / difficulty) *60*60*24*ETH price.
$/day = (hashrateMHs * block rewards *1,000,000 / difficulty) *60*60*24*ETH price.
The formula with blocktime is just more accurate, I think
FYI, I built this formula from the source code of an Ethereum calcultor: https://github.com/badmofo/ethereum-mining-calculator/blob/master/index.html
Extract from the source code:
function EtherMiningCtrl($scope, $http, $log) {
$scope.ethPrice = ethereumStats.priceUsd;
$scope.netHashGH = (ethereumStats.difficulty / ethereumStats.blockTime) / 1e9;
$scope.blockTime = ethereumStats.blockTime;
$scope.earnings = {};
$scope.computeProfits = function() {
var userRatio = $scope.userHash * 1e6 / ($scope.netHashGH * 1e9);
var blocksPerMin = 60.0 / $scope.blockTime;
var ethPerMin = blocksPerMin * 5.0;
$scope.earnings.min = userRatio * ethPerMin;
$scope.earnings.hour = $scope.earnings.min * 60;
$scope.earnings.day = $scope.earnings.hour * 24;
$scope.earnings.week = $scope.earnings.day * 7;
$scope.earnings.month = $scope.earnings.day * 30;
$scope.earnings.year = $scope.earnings.day * 365;
};
Extract from the source code:
function EtherMiningCtrl($scope, $http, $log) {
$scope.ethPrice = ethereumStats.priceUsd;
$scope.netHashGH = (ethereumStats.difficulty / ethereumStats.blockTime) / 1e9;
$scope.blockTime = ethereumStats.blockTime;
$scope.earnings = {};
$scope.computeProfits = function() {
var userRatio = $scope.userHash * 1e6 / ($scope.netHashGH * 1e9);
var blocksPerMin = 60.0 / $scope.blockTime;
var ethPerMin = blocksPerMin * 5.0;
$scope.earnings.min = userRatio * ethPerMin;
$scope.earnings.hour = $scope.earnings.min * 60;
$scope.earnings.day = $scope.earnings.hour * 24;
$scope.earnings.week = $scope.earnings.day * 7;
$scope.earnings.month = $scope.earnings.day * 30;
$scope.earnings.year = $scope.earnings.day * 365;
};
Well, calculators are fine to give you current profits, but they can't help you with estimations of profit over time (they ask you to give a percentage increase of difficulty and price, which is impossible to know). This formula is useful for estimating futures profits in a spreadsheet, using an average USD / Mh/s ratio (based on the past)
This short post aims at helping miners or aspiring miners estimate ETH earnings. Finding an easy-to-use ETH profit formula on the web was quite hard for me, so it might help you.
This formula is very useful if your goal is to make estimate of future earnings (and profit) with your own spreadsheet.
Formula:
EarningsPerMonth = (UserHashMh * 1e6 / ((difficultyTH / BlockTimeSec)*1000*1e9))*((60/ BlockTimeSec)*BlockReward)*(60*24*30)*(EthPrice)
With:
UserHashMh = Mining servers hashpower (in MH/s)
Difficulty in TH/s
BlockTime in seconds
BlockReward = number of ETH per block mined (5 currently)
EthPrice in fiat
Enjoy =)
This formula is very useful if your goal is to make estimate of future earnings (and profit) with your own spreadsheet.
Formula:
EarningsPerMonth = (UserHashMh * 1e6 / ((difficultyTH / BlockTimeSec)*1000*1e9))*((60/ BlockTimeSec)*BlockReward)*(60*24*30)*(EthPrice)
With:
UserHashMh = Mining servers hashpower (in MH/s)
Difficulty in TH/s
BlockTime in seconds
BlockReward = number of ETH per block mined (5 currently)
EthPrice in fiat
Enjoy =)