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I'm just curious about this. I'm not sure if the length of zeros in the hash result is directly proportional to the probability, or how to calculate this.
What is the average number of hashes it takes to mine bitcoins?
Answers
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(Average hashing power of network per second between the last difficulty adjustment and the difficulty adjustment that came before it) * 600
or (2^32 * difficulty)
Where can I find out this information? – Phoenix Logan – 2014-04-16T22:21:24.790
1https://en.bitcoin.it/wiki/Difficulty – hedgedandlevered – 2014-04-16T22:22:42.877
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As relative Answer in terms of Coins per day:
A B
coins = reward / (difficulty * 4294967296 / hashsPerSec / 3600 / 24)
A is the number of seconds in an hour
B is the number hours in a day
Source: bitcointalk.org - Formula to calculate litecoins generated per day by hashrate
Yes, the length of zeros in the required hash result is directly proportional to the probability of finding a matching hash. – Greg Hewgill – 2014-04-16T21:45:55.000