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Title: An important query for mining experts Post by: saooesnamax on August 28, 2018, 03:14:47 PM An important query for mining experts
i will speak about Florincoin coin this is only for example Block Time 40.00 second(s) this mean that every 40 second find block Network Hashrate 436.74 GH/s Here comes the important question What if we reduced Network Hashrate to become 100 GH/s At this moment the block will be find every 40 seconds??? if yes What if we reduced Network Hashrate to become 20 GH/s At this moment the block will be find every 40 seconds??? if yes also What if I was the only one who was mining this coin and entered only with a very small hash power Will the network give me the block every 40 seconds ????? Title: Re: An important query for mining experts Post by: fanatic26_ on August 28, 2018, 04:30:28 PM This has nothing to do with bitcoin, you need to post in the proper altcoin section for answers.
Title: Re: An important query for mining experts Post by: NeuroticFish on August 28, 2018, 04:40:51 PM Also please stop posting with huge colored font. Please try to write like normal people do.
The answer is: hash rate should not affect block time; if the coin is properly coded, the network is adjusting itself (changes difficulty) to keep the same block time no matter how the hash rate changes. It's called difficulty retargeting. Also your math is wrong. In your example, if the difficulty remains the same, if the hash rate drops, you will find block in much longer time. Maybe you should read a bit more about difficulty (https://en.bitcoin.it/wiki/Difficulty) and retargeting (https://bitcoin.stackexchange.com/questions/21730/how-does-the-kimoto-gravity-well-regulate-difficulty). Title: Re: An important query for mining experts Post by: saooesnamax on August 28, 2018, 05:48:47 PM Also please stop posting with huge colored font. Please try to write like normal people do. THANKSThe answer is: hash rate should not affect block time; if the coin is properly coded, the network is adjusting itself (changes difficulty) to keep the same block time no matter how the hash rate changes. It's called difficulty retargeting. Also your math is wrong. In your example, if the difficulty remains the same, if the hash rate drops, you will find block in much longer time. Maybe you should read a bit more about difficulty (https://en.bitcoin.it/wiki/Difficulty) and retargeting (https://bitcoin.stackexchange.com/questions/21730/how-does-the-kimoto-gravity-well-regulate-difficulty). |