A ratio needs comparable measurements
Your hashrate divided by total network hashrate is a simplified estimate of your relative contribution. Both values must describe the same algorithm, and the network figure needs a source and observation window. Network hashrate is generally estimated rather than directly metered.
The ratio can help explain expected block participation over a long period. It does not schedule a block discovery. Pool acceptance, downtime, variance, and differences in estimation windows affect how a device reading translates into credited work.
Step-by-step
- Normalize units. Convert worker and network rates into matching units. One EH/s equals one million TH/s for the same algorithm.
- Align the evidence. Note network estimate date and window. Use stable accepted worker hashrate where possible and disclose if you use a nominal specification instead.
- Keep outcomes separate. Present the ratio as a planning input. Add pool accounting and cost assumptions only after the expected contribution is explained.
Worked example
Illustrative example. A hypothetical 100 TH/s worker against a 1,000,000 TH/s network estimate has a ratio of 0.0001, or 0.01%. The percentage does not imply a 0.01% chance of a block in every arbitrary time interval.
A ratio describes share of capacity under the chosen assumptions. Turning it into a time-based probability requires an explicit stochastic model and horizon.
Common mistakes
- Dividing TH/s by EH/s without conversion.
- Using a pool’s network estimate as an exact chain-wide measurement.
- Promising a discovery time from expected contribution.
Questions and answers
Why do network estimates differ between websites?
Sources may infer hashrate from different block windows and adjustment assumptions. Record methodology and time, and avoid reporting more precision than the evidence supports.
Apply this to your setup
Write both rates in the same unit, with source and window beside each value. Show the decimal ratio and percentage together so a missing factor of 100 is obvious. Distinguish nominal installed capacity from observed accepted capacity, and do not convert the ratio into a block-discovery deadline.
Sources and next steps
Read solo variance and hashrate units.
How this guide was prepared: AI-generated drafting with the linked technical references and illustrative calculations. It does not report first-hand equipment tests or a named specialist review.