<p>I am interested in the revenue calculation of mining process.
From a few references like <a href="https://bitcoin.stackexchange.com/questions/13964/explain-the-math-behind-mining-profitability-calculators">this</a> I found a equation that people say it's correct.</p>

<p>Unfortunatelly it differs to the results which are calculated by public available calculators like <a href="https://www.cryptocompare.com/mining/calculator/btc" rel="nofollow noreferrer">this</a>.</p>

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

<pre><code>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
</code></pre>

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

<p>Thanks in advance</p>

CC BY-SA 3.0
2018-01-30T13:36:44.280Z
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
CC BY-SA 3.0
2018-01-30T15:14:02.027Z
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
<mining-profitability>
mining revenue equation difference to calculators
craver
# mining revenue equation difference to calculators

(Asked by: username_0 on 2018-01-30)

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

**Tags:** mining-profitability

> **Comments:**
> **username_1**: 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?  
> **username_0**: 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.  

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## 0 answers

