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Topic: How blocks are divided to pools? (Read 982 times)

full member
Activity: 518
Merit: 100
June 05, 2011, 04:42:52 AM
#3
And since every new block is built on the hash of the previous block, everyone starts over using that hash when a block has been generated. So, in effect, everyone is working on the same block.
full member
Activity: 196
Merit: 100
June 04, 2011, 02:59:20 PM
#2
It's a lottery. Whoever gets it first wins, and that "win" needs to be confirmed by the rest of the network. So if pool A generates a block at time 1, and pool B generates a block at time 1.0000001, pool A will win, assuming the generation is validated by everyone else.
sr. member
Activity: 262
Merit: 250
Dubs Get
June 04, 2011, 12:50:55 PM
#1
How are them?


Every mining pool is calculating a different block? or could them calculate the same block?

How the system works?
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