Bitcoin Forum

This is just a random thought that I might share :)

I'm in slush's pool, using DaCoinMinster's Chrome extension. One of the additional statistics displayed is a calculated MH/s. I assume that this is calculated based on something like: (cluster GH per sec / total shares) * shares I produced. I believe that some other pools also display this information, although I haven't dug too far into many of them.

I push a (stonking) 35MH/s total at the moment (soon to be moderately and prudently improved), and there is pretty large variance in the calculated MH/s displayed for each round - sometimes I'm seeing 100.64MH/s, others 7.30MH/s and anywhere in between. This variance sometimes evens out over longer rounds (which you'd expect) but often it makes no difference whether it is a 2.5 hour round or an 8 minute round.

Do you all think that this could be perceived as a measure of "luck"? As in, for rounds in which I'm fortunate my MH/s is over-represented, and on bung rounds it is lower?

Or am I pushing so few MH/s into the pool that the overall measure is probably going to be completely out of wack anyway?

Keen to hear any insight or general musings :D

This is a FAQ.

Your hash rate shown by any tool other than your actual miner is merely an estimate based on actual submitted shares.

I understand that it is an estimate, but mining as far as I understand has a hefty luck element to it - you can push through as many MH/s as the other guy, but you might come out with more submitted shares.

My point is whether the MH/s shown elsewhere could be seen as a measure of this element of luck to an extent?

You can determine your variance from the mean. Calling that lucky or unlucky is an interpretation; it's merely random.

Where's your sense of wonder!?  ;)

Fair call, I see your point, thanks.