mining-luck
v0.0.1
Published
bitcoin mining luck
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Bitcoin Block Luck calculation
This is a utility for Bitcoin miners/mining pools to calculate the 'luck' of mining a block.
When a block has been mined you need to save when the block was started mined (created) and the mined at (when a hash has been found) timestamps.
First we need to cover constant values:
- hash = 2 pow 32
- PHz per second = 10 pow 15
- block average = hash * PHz per second
To calculate luck you need how long it took to mine the block, your total hashrate, and network difficulty. Eg:
- difficulty = 336899932795 // network difficulty
- hashrate = total hashrate of mined block
- minedTimeSeconds = (minedat - created) in seconds
luck({ difficulty, hashrate, minedTimeSeconds })
console.log(luck({
difficulty: 336899932795
hashrate: 154.9, // block hashrate
minedTimeSeconds: 9172 // how long block took to mine
})) // '102.71'