With growing support from leading companies such as Coinbase which are running various tests to evaluate the efficiency of Bitcoin Classic and the 2 megabyte Classic chain, it is highly likely that the Classic chain could co-exist with the core chain in the future. If this happens, wallet platforms and exchanges will support both chains and verify the transactions from the Core and Classic chains.
However, Coinbase CEO Brian Armstrong recently emphasized that historically, when a split chain occurred, the minority was eliminated in a matter of hours. Armstrong predicts that the same would happen for the Core chain if Classic becomes activated.
Antpool, the largest mining pool, just mined their first #bitcoin classic blockhttps://blockchain.info/block/000000000000000006968c648240001fd7d856f9732646763225b084f72404eb … - classic officially in production
Is this why we are having bad luck?
we are have bad luck because you are micromanaging luck in your head.
Never think small block count ie
5 blocks
10 blocks
25 blocks are all too small
you need to look at 50 blocks or more and what is the luck for
50 = Last 50 Blocks 12.3days 101.4% 97.97% 98.03% 0.4630 102.01% looks like good luck
100 = Last 100 Blocks 27.0days 101.4% 97.12% 97.47% 0.4122 102.60% looks like good luck
250 = Last 250 Blocks 12.3wks 101.2% 89.60% 88.28% 0.0281 113.27% looks like good luck
now to be fair if those go under 100% that is bad luck.
Now to be honest I would love to see hashrate drop to 20ph or even 15ph because I am not leaving and if we drop to 20ph my next payout will be bigger.
I came back here and have said think in 100 block shots. So That is what I am doing.
There's 3 train of thoughts here so there's no 1 size fit all solution
1) If you are a small miner - Look at the long term as Phillip say, you can't beat it here. Don't bother looking at daily or weekly, look at the long term record even though past performance doesn't guarantee future success, trust that the Developers here are constantly working their ass off to improve every efficiency possible. Just set it and forget it basically.
2) If you are renting - Rent smart, don't pay for higher than market rate as whatever rate you rent, there's 3% on top so go big when it's cheap and then go up or down depending on how you think Kano luck will be. It's a gamble but the lower your cost, the higher your chance of winning. You can often set the price very low and when the FAT cat mess up the price, they normally do it short term and then they leave making all the hash go from bottom to the top and you will hit some.
3) BIG Miners - Unfortunately this is where it gets tricky. We make much more money renting to higher PPS. I am very loyal to Kano and I actually had all my partners push over 7500TH thru my account and DROID for a very long period of time during both nasty blocks. When there's nasty blocks like this, it's a huge opportunity cost, the combine was about $7000-10,000 in opportunity loss, so it's not fun and your partners will give you shit. This is why we must diversify. But long term, I will always get them to direct the hashing here. The biggest reason is when we have a problem, I know Kano or CK will give me the no bullshit answer. That to me is important when your investment stake is so huge. Also Kano Members always look out for others and report issues so that everyone is aware. I'm not familiar with a similar protocol for the other pool, it's possible they may have it, I'm just not aware of it.