Is it correct to say that, since the difficulty will keep the block generation rate at 6 per hour on average, that with one-sixth of the network computing power, I will get one block per hour, on average?
Put differently, can I express my expected average block discovery rate to always be 6 per hour multiplied by the fraction of total computing power I own?
I'm asking this because I keep getting confused by the profitability calculations that rest on the difficulty, which is a totally opaque value for me, even though I know in theory what it means. I would like to employ some measure that I can use more intuitively.