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I am interested in the revenue calculation of mining process. From a few references like this I found a equation that people say it's correct.

Unfortunatelly it differs to the results which are calculated by public available calculators like this.

with a hashing power of 13.5 TH/s the referenced calculator and others resulting in 0.001304 BTC per day. The equation in the other thread results in 0.002134 BTC per day.

H = 13500 GH/s * 10^9 = 13,500,000,000,000
B = 12.5
D = 1,590,896,927,258

(86400 * 13,500,000,000,000 * 12.5) / (2^32 * 1,590,896,927,258) =
  0.002134 BTC/d

Could anybody please help me to understand whats the right way to calculate an approx. revenue?

Thanks in advance

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  • Your equation matches my understanding of what is correct. At the bottom of the Cryptocompare page is a note that "Mining metrics are calculated based on a network hash rate of 18,633,837,452 GH/s". Multiplying by 600 and dividing by 2^32, this would correspond to a difficulty of 2.6e12 rather than your 1.6e12 which is in fact the current figure. Perhaps this represents some estimate of future difficulty?
    – Nate Eldredge
    Commented Jan 30, 2018 at 13:36
  • yes. looks like thats the point. thank you very much. that means I have to calculate the network hash rate all the time to use the same equation.
    – craver
    Commented Jan 30, 2018 at 15:14

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