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What formula is used to calculate mining profitability?
Hello!
The task is to write a calculator for cryptocurrency mining.
As I understand it, the calculation requires data on Hash Rate, Difficulty and Block Reward.
And if for the sha256 algorithm I found the calculation formula:
N = (t*R*H)/(D*2^32)
where:
N - income in coins
t - mining period in seconds (for example, a day = 86400)
R - block reward in coins
H - hashrate per second ( for example, 1GHsh = 1000000000)
D - complexity
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