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Discussion based on cloud mining specifically using HashFlare.

/HashFlareCloudMining/ Subreddit for HashFlare.io users.

Discussion about Primecoin and its infra. Primecoin is a very innovative cryptocurrency, being the 1st non Hash-Cash PoW crypto, naturally scarce (not artificially), with very fast confirmations (1min), elastic readjusting reward & a useful mining (byproducts are primes). Primecoin is sustainable (miners are guaranteed to have revenues), and decentralized (ASIC/FPGA are not particularly advantaged). Sidechain for decentralized data applications (e.g. Storj) currently in development.

submitted by Rufflenator to 3bitcoins [link] [comments] |

submitted by ososru to Bitcoin4free [link] [comments] |

This might seem like a fairly abstract question and might not be answerable, but I'm trying to calculate the rough odds of getting a single block hash correct **per attempt**.

This is for the purpose of explanation/analogy rather than something I need to calculate.

I notice there's a "Bitcoin difficulty" which is currently at 860 billion-ish. Is it reasonable to interpret this as a 1/860,000,000,000 chance of a correct hash, or does it not mean that? Given the network's current hash rate of approx 5,000,000 TH/s that number would seem absurdly low. I assume it's some sort of scaling factor.

Given a correct answer occurs (by design) every 10 minutes that equates to roughly 3e+21 hashes before a correct hash is registered. I have no idea what that is in human numbers but more than 860 billion is a given.

Is it right (probability-wise) to put the odds of a single hash attempt at 1/3e+21 or does it not work that way?

Can anyone help me out with the ballpark math here?

submitted by mattaugamer to Bitcoin [link] [comments]
This is for the purpose of explanation/analogy rather than something I need to calculate.

I notice there's a "Bitcoin difficulty" which is currently at 860 billion-ish. Is it reasonable to interpret this as a 1/860,000,000,000 chance of a correct hash, or does it not mean that? Given the network's current hash rate of approx 5,000,000 TH/s that number would seem absurdly low. I assume it's some sort of scaling factor.

Given a correct answer occurs (by design) every 10 minutes that equates to roughly 3e+21 hashes before a correct hash is registered. I have no idea what that is in human numbers but more than 860 billion is a given.

Is it right (probability-wise) to put the odds of a single hash attempt at 1/3e+21 or does it not work that way?

Can anyone help me out with the ballpark math here?

submitted by BitcoinAllBot to BitcoinAll [link] [comments] |

I figured that i can get estimated ROI for 700$ on genesis cloud mining, in about 1 year or so mining bitcoin, hash calculator says its gonna take 6 months but i really doubt. Even if i take in count the fees for bitcoin, it still looks too easy, am i missing something? Or does this ROI rate actually makes sense?

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submitted by johnhardy-seebitcoin to Bitcoin [link] [comments] |

I'm working on a tool in which I need to see what is current hash rate of Bitcoin's network? Is there is an API for that or open socket channel to get that info?

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submitted by SimilarAdvantage to BitcoinAll [link] [comments] |

SHA-256 hash calculator. Online SHA-256 hash generator. Mining Bitcoin

Go1dfish undelete link

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Author: elmojonestech

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Go1dfish undelete link

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Author: elmojonestech

submitted by BitcoinAllBot to BitcoinAll [link] [comments] |

I see this number everywhere but I have no idea how anyone could know that. How does it work?!?

Edit:

How can you see that until they succeed? You don't see all the failed hashes, right? And how do you know who to watch?

🤔

submitted by joelklabo to Bitcoin [link] [comments]
Edit:

How can you see that until they succeed? You don't see all the failed hashes, right? And how do you know who to watch?

🤔

submitted by qaaqa to BitcoinMining [link] [comments]

submitted by BitcoinAllBot to BitcoinAll [link] [comments] |

submitted by qaaqa to Bitcoin [link] [comments]

The following post by temevh is being replicated because the post has been silently greylisted.

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submitted by censorship_notifier to noncensored_bitcoin [link] [comments]
The original post can be found(in censored form) at this link:

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The original post's content was as follows:

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Bitcoin mining calculator Summary. Enter the hash rate of your Bitcoin mining hardware (mandatory). Enter additional optional information, such as pool fees, electricity costs, etc. The more information you enter, the more accurate the result will be. Accurate BitcoinCash mining calculator trusted by millions of cryptocurrency miners. Updated in 2020, the newest version of the BitcoinCash profit calculator makes it simple and easy to quickly calculate mining profitability for your BitcoinCash mining hardware. Bitcoin Mining Calculator. Got your shiny new ASIC miner? Wondering when it will pay off? If you enter your hash rate below, this page will calculate your expected earnings in both Bitcoins and dollars over various time periods (day, week, and month). Our calculator assumes the 0.4527678% daily increase in network hash rate that has been the average daily increase over the past 6 months. Without factoring in this growth, most Bitcoin mining calculators show results that appear MUCH, MUCH more profitable than reality. VnBitcoin is a reference website where you get Bitcoin News, Bitcoin charts, Bitcoin-related websites information, major mining software information and Bitcoin and Litecoin mining calculator. When you click on Bitcoin calculator menu on the header of this website, you will be redirected to a simple mining calculator where you have to put your ...

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By using this calculator we can calculatehow mutch BTC amount generate in Hash power output in cryptocurrency mining and cloud mining, ... Bitcoin Mining Roi Calculator 2017 with Genesis Mining! Bitcoin Hash Calculator use to calculate the profitability of Bitcoin and the tool to find good return bitcoin miners to buy. You can easily calculate how many Bitcoins mines with your hash rates ... ঘরে বসে আয় করুন $20 থেকে $25 ডলার How to mine bitcoin by using your laptop-nicehash - Duration: 8:02. Akhi Roy 4,749 views. 8:02. bitcoin calculator, bitcoin converter, bitcoin cost, bitcoin exchange rate, bitcoin price, bitcoin rate, bitcoin value, bitcoin worth ... Each block contains a cryptographic hash of the previous ... Bitcoins are mined using a cryptographic algorithm called SHA-256. This algorithm is simple enough to be done with pencil and paper, as I show in this video....