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Title: Woah, block solved in 20 seconds by Slush's pool. Post by: samcornwell on January 17, 2014, 12:04:02 AM Did you see that? I could hardly believe my eyes.
http://blockchain.info/block/00000000000000017ec07ca351d41db2e8e69344651570fb4991c1a9a5d8258f?site=slush I got lucky too, doubled my normal payout because my miners got in quick. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: Bitcoinpro on January 17, 2014, 12:07:27 AM really 20 seconds that's quick
Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: samcornwell on January 17, 2014, 12:22:50 AM Well the blockchain says it was solved in 10 seconds (unless I'm mistaken.) The pool stats say 20 seconds though.
Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: crazy_rabbit on January 17, 2014, 12:30:20 AM sometimes you get lucky. :-)
Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: BTC-TK on January 17, 2014, 12:35:33 AM wow much speed, so conspiracy, very likely satoshi wow
Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: Meuh6879 on January 17, 2014, 12:54:28 AM I got lucky too, doubled my normal payout because my miners got in quick. no, it's normal ... me, too = double paid than normal.Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: U1TRA_L0RD on January 17, 2014, 05:15:29 AM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires.
Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: notme on January 17, 2014, 05:23:07 AM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires. So , you're saying I'm going to be a millionaire? Cool. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: aeddan1 on January 17, 2014, 05:38:03 AM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires. I'm mining forever. :P Regardless of profit. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: krampus on January 17, 2014, 06:09:33 AM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires. I'm mining forever. :P Regardless of profit. In a twisted kind of way, mining at a level that is less than or equal to the cost of electricity is essentially using the electric company to convert fiat into Bitcoin. You get untraceable Bitcoin for fiat, which is definitely not a bad thing.* *for various definitions of "bad". Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: RawDog on January 17, 2014, 12:08:51 PM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires. I'm mining forever. :P Regardless of profit. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: greyman on January 17, 2014, 02:12:25 PM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires. Why? It is very well possible that the price of ASICs will go down and price of BTC will go up, and you can for some time profit even when you only own very small part of the overall hashrate. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: BTCIndia on January 17, 2014, 03:13:48 PM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires. So so so so much true! ;D Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: Chef Ramsay on January 17, 2014, 06:44:28 PM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires. I'm mining forever. :P Regardless of profit. In a twisted kind of way, mining at a level that is less than or equal to the cost of electricity is essentially using the electric company to convert fiat into Bitcoin. You get untraceable Bitcoin for fiat, which is definitely not a bad thing.* *for various definitions of "bad". Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: mprep on January 17, 2014, 06:54:48 PM Big whoop... ::) The network will adjust and the other blocks will be found slower.
Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: Holliday on January 17, 2014, 07:00:23 PM 20 seconds? I've seen blocks a few seconds apart in the past.
Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: TKeenan on January 17, 2014, 07:31:29 PM 20 seconds? I've seen blocks a few seconds apart in the past. Every block gets solved in 20 seconds. Think I am wrong? You don't understand math. For each block, go to a moment in time 20 seconds prior to its solution. At that moment, the network has accomplished zero progress on the impending solution. However, in the coming 20 seconds - it finds a solution. A solution doesn't get easier as time passes doesn't depend upon. The network doesn't advance and close in on a solution as the clock ticks. The same error in statistics is made for those people who think that 10 rolls of a die without getting a '6' increases the chance that a '6' will come next. It doesn't. The chance of rolling a '6' is the same whether or not 10 non-'6's occurred previously. The state of the miners 20 seconds prior to a solution is identical to the state of miners which have been working for one hour. Thus, the probability that a solution will come in 20 seconds is identical for the case where a solution was just found, and for when the miners have been working a long time. Miners having been working a long time do not increase the probability that a solution will come in the next 20 seconds. Thus, every block was solved in 20 seconds - it is just 20 seconds prior to the moment the solution came. Idiots - find it incredible that a block was solved in 20 seconds - they all are. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: Holliday on January 17, 2014, 07:38:07 PM 20 seconds? I've seen blocks a few seconds apart in the past. Every block gets solved in 20 seconds. Think I am wrong? You don't understand math. For each block, go to a moment in time 20 seconds prior to its solution. At that moment, the network has accomplished zero progress on the impending solution. However, in the coming 20 seconds - it finds a solution. A solution doesn't get easier as time passes doesn't depend upon. The network doesn't advance and close in on a solution as the clock ticks. The same error in statistics is made for those people who think that 10 rolls of a die without getting a '6' increases the chance that a '6' will come next. It doesn't. The chance of rolling a '6' is the same whether or not 10 non-'6's occurred previously. The state of the miners 20 seconds prior to a solution is identical to the state of miners which have been working for one hour. Thus, the probability that a solution will come in 20 seconds is identical for the case where a solution was just found, and for when the miners have been working a long time. Miners having been working a long time do not increase the probability that a solution will come in the next 20 seconds. Thus, every block was solved in 20 seconds - it is just 20 seconds prior to the moment the solution came. Idiots - find it incredible that a block was solved in 20 seconds - they all are. Huh? I understand that there is no progress on the proof of work... That doesn't change the fact that sometimes there is 1 minute between blocks and sometimes there is 1 hour between blocks... We weren't talking about how long it took the device to find the solution which happened to be the correct one for the next block. We were talking about the length of time between blocks. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: Trongersoll on January 17, 2014, 08:08:42 PM 20 seconds? I've seen blocks a few seconds apart in the past. Every block gets solved in 20 seconds. Think I am wrong? You don't understand math. For each block, go to a moment in time 20 seconds prior to its solution. At that moment, the network has accomplished zero progress on the impending solution. However, in the coming 20 seconds - it finds a solution. A solution doesn't get easier as time passes doesn't depend upon. The network doesn't advance and close in on a solution as the clock ticks. The same error in statistics is made for those people who think that 10 rolls of a die without getting a '6' increases the chance that a '6' will come next. It doesn't. The chance of rolling a '6' is the same whether or not 10 non-'6's occurred previously. The state of the miners 20 seconds prior to a solution is identical to the state of miners which have been working for one hour. Thus, the probability that a solution will come in 20 seconds is identical for the case where a solution was just found, and for when the miners have been working a long time. Miners having been working a long time do not increase the probability that a solution will come in the next 20 seconds. Thus, every block was solved in 20 seconds - it is just 20 seconds prior to the moment the solution came. Idiots - find it incredible that a block was solved in 20 seconds - they all are. Huh? I understand that there is no progress on the proof of work... That doesn't change the fact that sometimes there is 1 minute between blocks and sometimes there is 1 hour between blocks... We weren't talking about how long it took the device to find the solution which happened to be the correct one for the next block. We were talking about the length of time between blocks. Apparently self professed non-idiots can have difficulty with understanding as well. :P Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: mprep on January 17, 2014, 09:30:28 PM 20 seconds? I've seen blocks a few seconds apart in the past. Every block gets solved in 20 seconds. Think I am wrong? You don't understand math. For each block, go to a moment in time 20 seconds prior to its solution. At that moment, the network has accomplished zero progress on the impending solution. However, in the coming 20 seconds - it finds a solution. A solution doesn't get easier as time passes doesn't depend upon. The network doesn't advance and close in on a solution as the clock ticks. The same error in statistics is made for those people who think that 10 rolls of a die without getting a '6' increases the chance that a '6' will come next. It doesn't. The chance of rolling a '6' is the same whether or not 10 non-'6's occurred previously. The state of the miners 20 seconds prior to a solution is identical to the state of miners which have been working for one hour. Thus, the probability that a solution will come in 20 seconds is identical for the case where a solution was just found, and for when the miners have been working a long time. Miners having been working a long time do not increase the probability that a solution will come in the next 20 seconds. Thus, every block was solved in 20 seconds - it is just 20 seconds prior to the moment the solution came. Idiots - find it incredible that a block was solved in 20 seconds - they all are. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: rext on January 17, 2014, 10:34:41 PM 20 seconds is the current record?
hmmm, maybe we could have a site that monitor and ranks block solving time lol. Interesting to know. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: mprep on January 17, 2014, 10:37:13 PM 20 seconds is the current record? Blockchain.info might have some hidden away chart. They have charts for almost everything, so they gotta have one for time lapses between 2 blocks.hmmm, maybe we could have a site that monitor and ranks block solving time lol. Interesting to know. Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: SirBitsalot on January 17, 2014, 11:23:53 PM Too bad all bitcoin mining will be dead this year, Mining will be only for the millionaires. So so so so much true! ;D Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: mobile on January 17, 2014, 11:26:45 PM ahh you gotta love variance and when luck is on your side. if you go to ghash.io and scroll down to the solved blocks its mind boggling to see how quickly they solve blocks. Interesting to see those times of "bad luck" and its takes an hour for a 5 petahash pool to solve a block. Its all about the variance they say .
Title: Re: Woah, block solved in 20 seconds by Slush's pool. Post by: krampus on January 18, 2014, 05:43:49 AM The same error in statistics is made for those people who think that 10 rolls of a die without getting a '6' increases the chance that a '6' will come next. It doesn't. The chance of rolling a '6' is the same whether or not 10 non-'6's occurred previously. This is the kind of hoary misdirection that smug fuckwits like to whip out to prove how much smarter they are than everyone else. I'm calling you on it. The chances of any one roll turning up a '6' are in fact even throughout the series. The chances of rolling ten times without getting a '6' are significantly less. Attempting to play games with the wording doesn't make you smarter than everyone else, it just makes you an asshole. |