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What formulas are used to calculate the efficiency of cryptocurrency mining?
What formulas are used to calculate the mining efficiency of different cryptocurrencies?
For Bitcoin, ethereum, dash, if possible, I would like to see an example of the formula, and understand what the differences are)
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Obviously, this is the amount of currency per unit of time (taking into account the current or hypothetical exchange rate) to the cost of electricity, rent of the premises necessary for mining equipment and maintenance personnel. The equipment, of course, is counted as the same unit of time, based on the cost of acquisition and the estimated lifespan.
And what, there can be some other variants of formulas?
There are several ways to calculate mining income. It is possible through a percentage of the power of the miner to the total power of the network, it lay down through the complexity. It is possible through the cost of the balls in PPS. Different cryptocurrencies have different time between blocks, different rewards, some of them generally float from block to block, different recalculation periods. And all this information is open. pour and drink. We know the income in cryptocurrency, multiply by the current rate, we get revenue, subtract expenses, we get income. If what you really need is not formulas, but something to calculate, then there are ready-made calculators .
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