Been away for a bit, happy to see we have some more blocks!  Thanks canaan x 2 and biffa!

I was crunching some numbers, and I joined this pool after we found block 504409 (our block # 2202).   

Looking at the 44 days I have been mining in the pool, I have been a party to 7 blocks, with a cumulative difficulty of 1,453.543%, or roughly 207.649% per block.

If I am correct, statistically speaking, we were expecting to find about 14 blocks in that same time frame, but due to bad luck we found half of that.

So my question is, is that correct?  Am I reading and understanding the numbers properly?   

Thanks in advance!

Wow! That is over $100k of BTC at today's prices

Do you think the reason it is taking longer for us to find blocks is because the number of bitcoin transactions are decreasing?

Take a look at this chart - https://blockchain.info/charts/n-transactions#

Or is this something that is unrelated, and just happens to be dropping at the same time?

There was a burst in number of daily transactions in January just around the time we had a burst in finding blocks.

You can see the payouts you have earned here:  https://kano.is/index.php?k=payments

After 101 blocks, (and when Kano is not moving) then Kano puts in a very low cost transaction that sends us the coins we earned.   But right now he is moving so there is a temporary (less than a day) delay that he announce earlier today.

I think they are selling for $980 now, not $2375 anymore.

https://shop.bitmain.com/productDetail.htm?pid=00020180129095202674bwQAJFdr06CB

As long as we can still find blocks, I don't think anyone is bothered by that.  Have fun moving!

Thank you 1BMpTDzWEs8Qc1oWP4JYtafuz4gZUf3kWq for the block!  My 4th block so far and we are moving in the right direction!   Let's keep 'em coming quickly!

Thank you cobramining for the block!   My 3rd block ever - things are speeding up and I like it.

All we need now is 10 quick blocks and then my luck will be in the positive!

Looking at the block statistics, https://kano.is/index.php?k=blocks

If I am reading it correctly, it appears that we have had bad Luck% for all the block ranges except the last 500 blocks and All blocks, both of which are less than 2% on the positive side; whereas the other block groups are all greater than 2% on the negative side.

Shouldn't it be more distributed if it is random, or is 2204 blocks still too low sample size?


Also, in regards to the Last 88 Blocks chart, is there a place to see those details for the last 2204 blocks?

Thanks!

What causes the "juicy" mode of fees?  How can we get back to that?

Wonderful!  Thank you cryptostarusa for finding the block and thank you everyone for being so helpful!

This is my 2nd block ever!  Very excited.   1st block was 202.868% and 2nd block was 596.203%.    I hope that all the bad luck has cleared and only super fast blocks remain!

I have never seen numbers so big! 

Shares:     16,481,016,828,586 (573.32%)

All we need is to crack 6 blocks in a row and then we will forget this ever happened.

The difficulty changed!  Here's to hoping we crack a block before 500% again!

I don't see the hashrate being affected unless it is a prolonged (meaning 6 months + ) BTC price decline.   It has to be long enough to discourage people from buying more miners or unplugging / selling existing ones.

They way I look at it is there are two possibilities.   We get a block soon, and then we can feel validated that we did something to help.   We don't get a block soon, and then it doesn't matter.

I rebooted mine earlier today for the same reason!

Sadly, no.   

500% !

When we eventually find a block, is the 5nd difficulty used the difficulty when we find the block, or the difficulty when we found the prior block, or something else?

For example, difficulty was 2.2T when we found the last block, and it is currently 2.6T, and probably rising to 2.8T soon.

There is a difficulty change coming up in about 34 hours.   https://diff.cryptothis.com/.

My understanding is that each machine is truly independent of each other.  The concern I have is that if you have two machines, I don't think they collaborate so they can actually waste effort by trying the same solutions that did not work.