crypto:chia:chance_of_winning
Crypto - Chia - Chance of Winning
There are 4608 chances to win 2 TXCH per day.
The math is .010 PB/200 PB * 4608 * 2 = 0.46.
The formula is:
Chance = Total Size of Plots / Total Network Space * 4608 * 2
NOTE: Convert the following 2 fields to the same size.
- If Total Network Space is in EB, and Total Size of Plots is in TB, then divide this last figure by 1,0000,000 to have everything in TB.
- Total Size of Plots: The size of your plots.
- Total Network Space: The size of the total storage on mainnet.
Example:
- Total Size of Plots = 10 TB.
- Total Network Space = 29 EB.
Convert to EB
- Total Size of Plots = 10/1000000 = 0.00001 EB.
Calculate Chance
- Chance = 0.00001 / 29 * 4608 *2 = 0.003177931.
Format this Chance
- This means you would expect to win 0.003177931 TXCH per day on average.
- Therefore 1 / 0.003177931 = 314.670142303 days for 1 TXCH
- But as a Win gives 2 TXCH, the time to Win is 314.670142303 * 2 = 629.340284607 days.
crypto/chia/chance_of_winning.txt · Last modified: 2021/06/30 18:34 by peter