Several months ago I was doing research into calculating mining revenue for several crypto currencies. When trying to calculate BTC revenue I found this value 1/2^32 which was described somewhere along the lines of the probability of finding or solving a block. This value worked for finding revenue for several coins including BTC, I assumed this meant they were on the same blockchain, but is that assumption correct? There was also ETH which didn't need a value like this because I think its probability value was very close to 1 so it didn't matter. This ETH version worked for several coins as well, but both equations couldn't be used for one coin. The way I checked my work was by comparing my answer to several online calculators.
But how is this 2^32 calculate found and how much does it change over time? I can always use an online calculator for them but I would prefer to be able to find this value for Bitcoin and hopefully eventually learn to do it for other alt coins and do the revenue calculations long hand.
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