Does the Bitminer have to stay on and hashing during its entire efforts to complete a block chain ?? Ie if power goes out when solo mining are all prior efforts lost ?
Is there an accumulation of equation solved that would be lost during a power outtage for example ?
Would the answer be different if in a pool ?
Thx !
When you mine solo there are no prior efforts of any value.
spin a wheel 1 to 50.
you only win on the number 13
all your past spins have no meaning
just your current spin.
mine at ckpool all that counts is you current share number generated. is it over 53trillion
yes you get a block
no you get nothing.
I am mining at a pool say ckpool 1 ph of hash means I should hit a block in about 2700 days.
but I could hit it in
a minute
a week
a month = really good luck
a year = good luck
a decade = bad luck
a century = really bad luck