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3
votes
4answers
202 views

What if I create a new address and I'm given one which clashes (already exists, it is being used by other user)

Addresses are like GUIDs, no? They are created randomly whenever you request the creation of a new address. But what if when creating one, it clashes with one already created? I know that the ...
-5
votes
2answers
92 views

how do i calculate bitcoin to USD manually [closed]

As of now 1 bit-coin is $229 but what if I wanted to find out how much 0.005 bit-coins cost? What does the math look like? thanks
1
vote
1answer
59 views

How does bitcoin work from a technical computer science cryptography perspective?

How does the cryptography science behind bitcoins work to make it robust(reliable , scalable). I am interested in technical explanation with cryptography math and not just conceptual explanation.
2
votes
0answers
39 views

Can there be Bitcoin-like network that also works as whatever@home?

There are Bitcoin-like network that performs calculations that are not locally useful, but interesting for peers. There are {SETI,folding,...}@home networks that calculates something that is ...
2
votes
2answers
296 views

Given the probability of finding a block, and time taken, can I infer hashrate?

I'm trying to externally calculate the hashrate of a given miner based only on an arbitrarily defined target that I assign, then calculate probability it will be found. Once this probability is ...
2
votes
1answer
5k views

Is CPU mining worthwhile for Litecoin? FPGA? GPU?

I'm interested in solo mining on Litecoin. Where can I learn about (or what math is required) two tell if this is feasible/profitable? Currently I have 30+ CPUs running as solo miners for 40 hours ...
1
vote
1answer
186 views

What is the math behind popular Bitcoin graphs? I want to graph Namecoin (or similar *coin) technologies?

How can I create graphs similar to http://bitcoin.sipa.be, and blockchain.info for Namecoin? For example this thread discusses how to analyze difficulty over time and provides this equation and ...
11
votes
1answer
465 views

What is the expected time until the next block is found?

http://bitcoin.stackexchange.com/a/3908/659 says: Luckily, you'll only have to wait five minutes on average for a block to be found (blocks are one every ten minutes, so the expected delay until ...
5
votes
2answers
345 views

Miner speed conversion

What is the exact ratio one would use to convert Miner speed from Hashes per second to Shares per second, assuming Difficulty 1 shares?