Author

Topic: Mining pool block finding formula (Read 1014 times)

newbie
Activity: 26
Merit: 0
September 20, 2016, 11:13:38 AM
#5
It's all pure random luck.
The more hashing power you have the more shares/chances you or the pool have at solving a block.
legendary
Activity: 2226
Merit: 1052
September 19, 2016, 06:58:18 PM
#4
Ok
I was getting confused with commas.
Thought CKPool: 46,190.21THs  they were 46 THs but are 46 PHs !
Right ?  Grin

46,190.21 THs = 46.19021 PHs
hero member
Activity: 496
Merit: 500
September 19, 2016, 06:21:58 AM
#3
Ok
I was getting confused with commas.
Thought CKPool: 46,190.21THs  they were 46 THs but are 46 PHs !
Right ?  Grin
hero member
Activity: 519
Merit: 500
September 19, 2016, 05:31:23 AM
#2
The question is :
Why some pools with low global
hashrate power find more bitcoin blocks
than other pools with higher hashrate power ?

The answer is just dumb luck.

If you flip a coin 4 times and it lands on tails (3) times do you question it?

https://en.wikipedia.org/wiki/Poisson_distribution
hero member
Activity: 496
Merit: 500
September 19, 2016, 02:26:41 AM
#1
The question is :
Why some pools with low global
hashrate power find more bitcoin blocks
than other pools with higher hashrate power ?
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