Time of calculating Mertens function.

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There is Mertens function: $$M(x)=\sum_{n \le x}\mu(n)$$

How to calculate time of computing value of $M(N)$ for particular $N$?

I would like for example find that time using this formula: $$M(x)=1-\sum_{d\ge2}M(\frac{x}{d})$$

If we suppose that time to compute $M(x)$ is $O(f(x))$ then we get $f(x)=f(\frac{x}{2})+f(\frac{x}{3})+...$ And we need to find formula for $f$

Neverthelss i think i have done something wrong.

I hope for help.