Monero Sign up or log in to customize your list._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote down vote favorite 8 I have been trying to calculate hashrates but it is a little confusing.I just want to get a general idea.What CPU / GPU would be required to solo mine 1 coin a day?hashrate cpu-mining gpu-mining hashrate-comparison up vote down vote This answer will attempt to answer the question at multiple levels, as follows: Section I explains the basics of how to calculate this yourself.Section II provides updated calculations based on Section I. Section III provides an abstracted way to determine this based only on the total network hashrate and the total number of coins in circulation.Enjoy :) I. Explaining how to determine this on your own: Some basics: Monero has an average block time of 2 minutes, meaning that there are approximately 720 blocks per day.

Your expected reward is proportional to your share of the network hashrate.The current hashrate is ~23.3 MH/s (http://moneroblocks.info/), or 23300000 H/s.Monero's block reward is decreasing slightly every block.Right now it is a little less than 11 XMR, but I'm going to just use 11.0 in my calculations.To find out the exact reward at any given time, you could go to a block explorer (http://moneroblocks.info/) and click on the most recent block.It will tell you the reward for that block.bitcoin bank vancouverDisclaimer: The reward changes based on how many transactions are included in a block.bitcoin banque de franceFor instance, block 1124279 was empty and had a reward of 10.826400000000, while block 1124278 had 4 transactions and a higher reward of 11.078600000000.chinesische bitcoin börse

Nonetheless, you can get a rough idea using this method... Okay, putting it all together, where your share of the hashrate is "n": daily reward ≈ (720 * Avg Block Reward * n)/(Network Hashrate) Since the question was for a reward of 1 XMR per day, using the numbers above: 1 XMR ≈ (720 * 11.0 * n)/(23300000) and solving for n: n ≈ 23300000 / (720 * 11.0) n ≈ 2942 H/s which is pretty close to @villabacho's answer.Generally speaking, the formula to determine the hashrate needed to mine 1 XMR per day is: n = (Network Hashrate) / (720 * Avg Block Reward) What CPU / GPU would be required to solo mine 1 coin a day?bitcoin rising llcThe most energy efficient GPU that I know of for mining XMR is the GTX 750 Ti, which gets approximately 250 H/s for a little more than $100/GPU.raspberry pi bitcoin case

12 of these GPUs would give you 3000 H/s, or a little more than 1 XMR per day at the current mining and reward levels.20 June 2017 Update to Section 1: Hashrate: ~87.4 MH/s Reward: ~7.22 XMR/block (including fees) Using our formula n = (Network Hashrate) / (720 * Avg Block Reward): n = 87400000 / (720 * 7.2) n = 16812 H/s, or 16.81 kH/s to mine 1 XMR per day.You would need approximately 67 GTX 750 Ti's at 250 H/s each, OR approximately 28 RX 470's at 600 H/s each, OR approximately 22 RX 480's at 750 H/s each.ethereum turkey20 June 2017 addition abstracting calculation further: A more general formula can be developed that calculates the Average Block Reward used above from the total coins in circulation.bitcoin raw blockThe base block reward is calculated by Reward = (M - A) * 2^(-19) * 10^(-12) where M = 2^64 and A is the current amount of XMR in circulation (in terms of atomic units, where 1 XMR = 10^12 atomic units).bitcoin tax finland

We can reduce this for ease of use to be as follows: Reward = (18446744.073709551616 - a) * 2^(-19) where a = A * 10^(-12) and represents XMR "coins" in circulation as we traditionally think of them.From this formula, it should be clear that the base reward for each block is progressively decreasing.However, we can consider it roughly constant in the short term for our purposes here, as over a 720 block period (one day) the reward drops ~0.01 XMR at today's rate.minerar litecoin pela cpuTherefore, we can substitute this Reward value as an approximation of the Avg Block Reward over a relatively short period with an error of much less than 1%.Combining our two formulas: n = (Network Hashrate) / (720 * Avg Block Reward) and Reward = (18446744.073709551616 - Coins in Circulation) * 2^(-19) and reducing gives n = (Network Hashrate * 2^19) / (720 * (18446744.073709551616 - Coins in Circulation)) or more simply n = (728 * Network Hashrate) / (18446744.073709551616 - Coins in Circulation) According to https://www.monero.how/ at the current block height of 1336863, The network hashrate is 87.4 MH/s or 87400 kH/s There are 14658448 total coins in circulation Substituting these values into our formula n = (728 * 87400) / (18446744.073709551616 - 14658448) [kH/s] and noting that n is in kH/s, we would need 16.796 kH/s of hashing power to mine 1 XMR today.

Note: This calculation does not include fees, so you should actually mine slightly more than 1 XMR today with that hashrate.But you will have to pay pool fees, account for variance, etc, so it's a fairly good approximation still.TL;DR - Use one of these formulas: n = (Network Hashrate) / (720 * Avg Block Reward) or n = (728 * Network Hashrate) / (18446744.073709551616 - Coins in Circulation) up vote 6 down vote /mining/calculator/xmr you need 2910 H/s at the moment to mine 1 XMR per day./spreadsheets/d/1E0GqJdLhMmeO5BW3RBcIpftMR_BJhnyUS464ZO_EYGQ/edit?pref=2&pli=1#gid=1 From that you can figure out how many cores or GPU's of a specific type you need to get the required hash rate.Browse other questions tagged hashrate cpu-mining gpu-mining hashrate-comparison or ask your own question.About Latest Posts Latest posts by Dean (see all) My Long Awaited Altcoin Trading Article: STOP BUYING ALTCOINS THEY ARE IN A MASSIVE BUBBLE Orocrypt ICO: Own a share of a gold backed cryptocurrency network Wagerr Decentralized Sportsbook: ICO Crowdsale; ‘Be The House’ Oracle Opportunities Do you ever wish you were around back in the early days of Bitcoin when it was possible to mine thousands of coins on your crappy old home computer?

Today it is impossible to mine Bitcoin on a normal computer, no matter how good it is.Today you need an ASIC – a machine specially designed and built just for mining Bitcoin.Even after forking out thousands of dollars on one of those, it is notoriously difficult to even break even.Without one it is pointless even trying.But that doesn’t mean that you can’t get involved with cryptocurrency mining using your home computer.It is still possible, and always will be, simply because it is something that people want.The idea of a network’s users maintaining the network themselves and being rewarded for it is the ultimate ideal of decentralized finance and has a romanticism to it which is entirely lost as soon as commercial giants take over.There are also other way, which aren’t quite mining, that you can let your contribute towards running a cryptocurrency network and get financially rewarded, which I will briefly explain towards the end of the article.There are three ways to mine coins – CPU mining, GPU mining, and ASIC mining.

CPU mining uses the regular processor which all computers have.GPU mining uses the graphical processing units of powerful gaming computers.ASICs, as I’ve already explained, are specialized machines built specifically for the task.If you have a gaming computer or other reasonably high-end machine which comes with a GPU then you should definitely look into GPU mining as it will make you much more than other options.There are a wide range of different coins that are good for GPU mining, and the best one (most profitable one) will change over time.Because this is about mining on any old ‘normal’ computer, the rest of the article will focus on coins which can be effectively CPU mined – that is coins which either don’t offer any advantage to GPUs or ASICs or which only offer a relatively minor advantage.Any cryptocurrency which uses the ‘CryptoNight’ algorithm can be effectively mined with a CPU only on any computer.In fact, they do not offer any advantage to GPUs whatsoever.They also have the added advantage of offering greatly enhanced privacy and anonymity compared to Bitcoin and most other cryptocurrencies.

Some of the most popular and profitable CryptoNote coins: It is very unlikely that you’ll strike it as lucky as those early Bitcoin pioneers and end up seeing your coins increase by so many thousand times over just a few year.But you may have fun, earn a little, and perhaps see your coins grow in value as increasing regulation and government tracking of cryptocurrency makes anonymous cryptos like these more attractive.Most CryptoNote coins can be mined using the MinerGate GUI Miner.MinerGatte is simple to use software, even connecting automatically to its own pool, and even has support for merged-mining: meaning that you can earn two different coins at the same time.The latest version also has an optional new feature which monitors exchange rates and will automatically switch to mining the most profitable coin.If you have multiple CPU cores you can choose how many to devote to each coin, and it will automatically adjust to run in the background using resources you don’t need; so it won’t slow your computer down or get in the way of other things you want to do with it.

Cryptocurrencies which use the X11 algorithm can also be mined with a regular computer.They do offer an advantage to people using a GPU, but it isn’t as great as with Scrypt coins.There are also a couple of coins which offer you the ability to improve your earnings by running a special node which provides services to the network – usually helping to provide anonymous transactions to other users: Proof of Stake, or PoS coins, reward users according to their stake in the network.What that means is that the more coins you own, the more coins you can earn simply by having the wallet software open on the computer.They do not do heavy calculation tasks like ‘Proof of Work’ coins, meaning it is totally irrelevant what kind of computer you own – just as long as it can run the wallet and connect to the internet you are good to go.But of course, the nature of the beast means that you need to make a big up front investment in buying coins in order to be able to earn a significant amount.

Please do check out this related article: How to Mine Cryptocurrency for Science: Distributed Computing Rewards Proof of Work cryptocurrencies, like Bitcoin and also like the CPU mineable coins listed above, reward users according to the amount of a particular kind of mathematical processing they can do.Proof of Stake cryptocurrencies reward people according to how much money they have invested in the network.Many imaginative and intelligent developers out there are working on various other ‘proof of’ algorithms which reward people in different ways and for different things.One of the most common methods is to reward people according to how much hard drive space they have on the computer running the mining software.Burst was the first coin to take this approach with ‘Proof of Capacity’ – which allows users to ‘mine’ using empty disk space.It doesn’t actually do anything with that disk space, you just have to prove that its there.One nice thing about burst is that you don’t have to keep your computer on 24/7 to be able to mine – which makes it very energy efficient and virtually zero cost.