Bitcoin Forum

Bitcoin => Mining => Topic started by: Ascholten on August 17, 2012, 09:33:08 PM



Title: Long Deep Tunnel
Post by: Ascholten on August 17, 2012, 09:33:08 PM
Im pretty new to this, so excuse my ignorance in advance.

I just seen a task take over 8 hours to complete.   Is it fairly common that it takes this long to find a bitcoin or did we just run into a bad luck spot?

Aaron


Title: Re: Long Deep Tunnel
Post by: Stephen Gornick on August 17, 2012, 10:05:11 PM
Is it fairly common that it takes this long to find a bitcoin or did we just run into a bad luck spot?

Are you referring to a specific pool? 

Block generation is occurring as normal:

 - http://blockchain.info/blocks/1345240981413


Title: Re: Long Deep Tunnel
Post by: Ascholten on August 17, 2012, 11:00:28 PM
Yes stephen,  It took over 8 hours of mining for the pool to finally find a bitcoin.  Normally at least for the past few days, it generally was a lot faster than that.  I was just wondering if that was just a particularly slow find or does it go that long between pools fairly often?

Thank you
Aaron


Title: Re: Long Deep Tunnel
Post by: tiberiandusk on August 17, 2012, 11:16:09 PM
It depends on the size of the pool and random luck. Larger pools usually find blocks more often but even they can hit dry spells if the random number gods are frowning upon them.


Title: Re: Long Deep Tunnel
Post by: Paladin69 on August 18, 2012, 02:51:29 AM
Today was a terrible day at bitminter.   ???


Title: Re: Long Deep Tunnel
Post by: Turbor on August 18, 2012, 03:52:23 PM
Today was a terrible day at bitminter.   ???

Why ?


Title: Re: Long Deep Tunnel
Post by: Ascholten on August 19, 2012, 04:00:26 PM
Id assume probably because it's taking several hours per block found instead of just a few hours per.

Had one take over 8 hours yesterday.

Aaron


Title: Re: Long Deep Tunnel
Post by: rjk on August 20, 2012, 01:24:22 AM
Id assume probably because it's taking several hours per block found instead of just a few hours per.

Had one take over 8 hours yesterday.

Aaron
It sounds like you think there is only one pool. There are actually many, which one are you specifically referring to? Deepbit, Slush, EMC, Ozcoin, MtRed, .....?


Title: Re: Long Deep Tunnel
Post by: gigantic on August 20, 2012, 06:21:11 AM
Each pool is different, and dont forget the Luck factor  :)


Title: Re: Long Deep Tunnel
Post by: Ascholten on August 23, 2012, 09:24:24 PM
I know there are different pools.   Some days are good and you can find a hit in under a minute, other days they can take many hours to hit one.

Then again, from what I see, the difficulty is going to be going up some, so it might get even harder.  Yes luck plays into it but when it's harder to begin with, luck can only do so much.

Aaron