Correcting the error in getnetworkhashrateps

Posted by sipa

Jun 30, 2025/17:03 UTC

The discussion revolves around the methodology for estimating the number of hashes performed in a given scenario, highlighting that this approach is viable only when assuming a constant hashrate. This assumption, however, is recognized as an approximation rather than a precise reflection of reality, indicating its limitations outside of hashrate estimation contexts. The conversation underscores the specificity of conditions under which this method yields reliable results, emphasizing the necessity of a constant hashrate assumption for the purpose of estimating the hashrate itself, while also acknowledging the potential inaccuracies involved in broader applications such as work estimation. This analysis points to the nuanced understanding required when applying theoretical models to practical situations, particularly in the domain of computational tasks where variables can significantly impact outcomes.

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