Hacker News new | ask | show | jobs
by rihegher 3197 days ago
to earn 0.01 USD you need 1MH at the moment. In my browser I can generate 25H/S so about 44 days on one browser to generate 1$
3 comments

I tried double checking this math but I have a question on this.

Coinhive says their formula is:

(<solved_hashes>/<global_difficulty>) * <block_reward> * 0.7

and then goes on to give an example of:

(<solved_hashes>/29275633095) * 6.51 XMR * 0.7 = 0.000156 XMR per 1M hashes

Does this mean the original formula (XMR gain) is actually per million solved hashes (instead of per solved hash)? If so, it seems like a million hashes would only give you 0.0000000001556584613 XMR ($0.00000001519798996).

If that payout formula is actually per hash (and if so, why do they say "per million hashes" in the example?), you'd end up with a much more reasonable 0.0001556584613 XMR ($0.015 at $97.64-monero).

Am I just reading their site stupidly wrong (and/or do I just have a gross misunderstanding of how this all works)?

They also say they were able to generate $2k in 2 weeks with an avg of 2,000 users...
Using the Monero prices I looked up right now it seems more like 21 days. Not that it really is meaningfully better.
2,112 users 30 minutes on your site
I'm confused how they say they had 2,000 users and generated $6k in 2 weeks.

Also, they say that they had 120KH/s hashing power on average with 2k users.

Or maybe just some great computers filling the hallowed halls.