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    GRC Stake Math

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    magus136311
    This document contains a stake calculator that allows a user to enter the difficulty and their stake amount to calculate their probability of staking a block over various time periods. It shows that with a difficulty of 1, stake amount of 123 coins, and approximately 9.5 million coins currently staking, the probability of staking a block per day is 1.23% and the estimated time to stake a block is 454.667 days.

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    GRC Stake Math

    Uploaded by

    magus136311
    104 views2 pages
    This document contains a stake calculator that allows a user to enter the difficulty and their stake amount to calculate their probability of staking a block over various time periods. It shows that with a difficulty of 1, stake amount of 123 coins, and approximately 9.5 million coins currently staking, the probability of staking a block per day is 1.23% and the estimated time to stake a block is 454.667 days.

    Original Description:

    Time it takes to stake in Gridcoin Wallet

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    This document contains a stake calculator that allows a user to enter the difficulty and their stake amount to calculate their probability of staking a block over various time periods. It shows that with a difficulty of 1, stake amount of 123 coins, and approximately 9.5 million coins currently staking, the probability of staking a block per day is 1.23% and the estimated time to stake a block is 454.667 days.

    Copyright:

    © All Rights Reserved
    Download as ODS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ods, pdf, or txt
    104 views2 pages

    GRC Stake Math

    Uploaded by

    magus136311
    This document contains a stake calculator that allows a user to enter the difficulty and their stake amount to calculate their probability of staking a block over various time periods. It shows that with a difficulty of 1, stake amount of 123 coins, and approximately 9.5 million coins currently staking, the probability of staking a block per day is 1.23% and the estimated time to stake a block is 454.667 days.

    Copyright:

    © All Rights Reserved
    Download as ODS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ods, pdf, or txt
    of 2

    GRCCalc

    GRC Stake Calculator


    Enter Difficulty: 1

    Enter Stake Amount: 123

    Coins on Network actively staking a block: 9,544,371.76889

    Probability to stake per Block 0.00%


    Probability to stake per Day 1.23%
    Probability to stake per Week 8.30%
    Probability to stake per 30 Days 31.01%

    Time to stake a block “guaranteed” 454.667 days


    15.156 “months” (30-day periods)

    Page 1
    Mathbits

    target 2.69599466671506E+067 blockSpacing 90


    max target 2.69599466671506E+067 timeMask 16
    diff 1 COIN 100000000
    nCoins 123
    other 1250000
    denom 80

    wTarget target*(nCoins*COIN/1250000)
    2.65285875204762E+071

    probability to stake (pb) wTarget/2^256


    2.29105353355407E-06

    1-(1-
    probability to stake per Block pb)^(blockSpacing/timeMask)
    0.00%
    probability to stake per Day 1.23%
    probability to stake per Week 8.30%
    probability to stake per 30 Days 31.01%

    (timeMask*2^256*other*diff)/
    (blockSpacing*maxTarget*COIN
    Amount of coins currently staking )
    9544371.7688889
    Amount staking on each block 9,544,371.77

    Time to stake a block (t) timeMask/pb


    39283237.4634147 sec
    654720.624390245 min
    10912.0104065041 hour
    454.667100271 day
    15.155570009 30-day period

    Page 2

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