8 Dec
2014
8 Dec
'14
5:44 p.m.
24 = hours 60 = minutes 7 = days so I'm only off by a factor of 2^3.3, not by a factor of 2^9.3 Cheers. On Mon, Dec 8, 2014 at 3:23 AM, Joseph Birr-Pixton <jpixton@gmail.com> wrote:
On 8 December 2014 at 10:40, Ryan Carboni <ryacko@gmail.com> wrote:
https://blockexplorer.com/q/hashestowin log(171833398380382098659*24*60*7)/log(2)
I think your calculation is slightly off. hashestowin is the average number of hashes you need to perform to win the current block. It's not necessarily the case that a block is calculated each second: in fact one is found (on average) each 625 seconds[1].
So that gives:
log(171833398380382098659*24*60*7/625)/log(2) 71.23
Cheers, Joe