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Title: How blocks are divided to pools? Post by: brunoshady on June 04, 2011, 04:50:55 PM How are them?
Every mining pool is calculating a different block? or could them calculate the same block? How the system works? Title: Re: How blocks are divided to pools? Post by: frozen on June 04, 2011, 06:59:20 PM It's a lottery. Whoever gets it first wins, and that "win" needs to be confirmed by the rest of the network. So if pool A generates a block at time 1, and pool B generates a block at time 1.0000001, pool A will win, assuming the generation is validated by everyone else.
Title: Re: How blocks are divided to pools? Post by: anodyne on June 05, 2011, 08:42:52 AM And since every new block is built on the hash of the previous block, everyone starts over using that hash when a block has been generated. So, in effect, everyone is working on the same block.
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