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I'm trying to add the current minimum required hashrate for miners on my p2pool frontend. I've seen such calculation for the litecoin network here.
For litecoin with quite a high p2pool rate and a low p2pool block spread setting the minimum recommended hashrate always seems to be very high, currently at around 2 MH/s.
Now I'm trying to figure out how this is calculated. I know the variables, currently for litecoin:
# Current snapshot:
diff_block = 5895.581658 # Network difficulty (386M)
diff_share = 3.919712 # P2pool share difficulty (257k)
hash_netwrk = 165000000000.0 # Network hashrate (165GH/s)
hash_p2pool = 1620000000.0 # P2pool hashrate (1.62GH/s)
block_24hr = 5.51 # Expected blocks per day
block_sprd = 3.0 # P2Pool blocks payout spread
For my calculations I assume I want to get static payouts every block, therefore I need to solve at least one share every 3 blocks with a diff of at least 257k.
solve_time = block_sprd / block_24hr * 24hr
solve_time = 13.06715 # one target share every 13 hours
Now I know I need to find one share of at least 257k difficulty every 13 hours.
But now I get lost. How do I find out which hashrate do I need to find this share at this rate?
To find one 386M-share every 2.5 minutes I need 165GH/s.
# Difficulty; Blocktime; Hashrate
5895.581658; 150; 165000000000
3.919712; 47041.742; ???
But how many H/s do I need to find one 257k-share every 13 hours?
# Hashrate to find a block every 13 hours
47041.742 / 150 = 313.612
165000000000 / 313.612 = 526128472
To find one 386M-share every 13 hours I need 526MH/s.
# Hashrate to find a share every 13 hours
5895.581658 / 3.919712 = 1504.085
526128472 / 1504.085 = 349799.597
To find one 257k-share every 13 hours I need 350kH/s!? This differs from the link I posted above by factor 5. Where is my issue here? How to do this calculation right?