Probability of sets is completely separate from Gambler's Fallacy.
I hear you on the law of averages, however current or past luck in the "long" run doesn't really have much to do with meeting that average. No, you don't hear me. I am not talking about the law of averages, despite what everyone keeps interpreting from my posts. Probability of sets is a totally separate statistical analysis, it has nothing to do with "averages" or "luck". I don't know how to be any more clear than I have been, so I guess I'll give up. The last few pages are full of off topic ... this page more so. Be warned ...
Noted, this will be my last post with respect to this subject since no one seems to want to understand what I am talking about. Back to pictures of random lucky objects on top of miners and discussions about chicken dishes.
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If you flip a coin and get tails 10 times in a row, what are the odds of getting tails on the next flip? The answer is 50%. The exact same as it was on each of the previous 10 coin flips. What if you eat chicken before the 11th flip? The point I was trying to make that you all seem to be over looking is this: What are the chances that your coin flipping will always 100% of the time yield heads vs. the chances of your coin flipping yielding a mix of heads and tails? This isn't about what comes up next, it's the probability of one set of outcomes vs the probability of another set of outcomes, a completely different analysis than "what comes next". Probability of sets is completely separate from Gambler's Fallacy.
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I would allow you to mine with as much as you want above the one stick but you don't get anything for the extra.
That's probably fair, and still fun, and really would speak more to the spirit of the club. A "donation" should be just that, no expectation of return. These ddos attacks aren't really noticeable to casual miners such as myself. It's only you guys who are watching this stuff 24/7 that seem to take notice. I sleep through most of the attacks, if it weren't for the forum posts I'd never even know they happened.
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I guess I picked a bad day to switch to Kano's pool
There's no such thing as a bad day to switch to this pool. Stick with it and as the pool stats and history shows, you will should come out ahead in the end. *stike-out to remove an allusions to "certainty", seems a touchy subject.
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My little miners seem to be mining to kano.is just fine, although the pool hash rate is down below 3PH at the moment. well that clears it up guess i need to go else where with my questions lol.. a blind man can see the correlation on the graphs. But o well to each there own.. your entitled to your opinion and i have my thoughts as to whats going on. No biggy.. ill move on
My post on the subject was deleted with respect to odds of X vs odds of Y, basic statics likelihood of the outcome of one event vs another independent of each other, so yes, onward we move it appears...
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You won't get an answer, check the spread sheet in post 1, if you're on it you're in, if not you're not.
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And it's still over 400TH. Big thank you to the donators, as much as I want someone to solve a block with a stick the reality is, if when the club hits one it will probably be from a rental. We currently have a best share of over 3G.
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Very generous of you to do this, Phil. Plus it's some good advertising. Here's to hoping someone solves a block and claims your prize(s)!
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We can only hope the chinese gov thugs shut down f2pool and antpool and bitmaintech for not paying proper taxes huehuehue. now that would be fun times.
Putting on my speculation hat - That would be a loss of most of the network, and given the maximum difficulty adjustments allowed each period by the code it could take a while for difficulty to drop to a point where blocks were found ~10 minutes again. Not that I would be complaining...
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After such a stellar run Friday we are going to be due for some nasty red blocks. Hopefully not too many, but it is a certainty that they will happen.
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PM sent, let me know if you're interested or not.
If not I'll keep the dead U3 around for a little longer before sending it to the e-recycle bin.
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I wish we had a Like button on this forum .....
A like button is as useful as a best share display, both are fun to look at but in the end essentially meaningless.
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Any simple interest calculator can tell you how long it takes to earn Y starting with X at Z%.
I deposit 0.1btc increments, the earnings are far, far in excess of anything you could make doing faucets all day long i.e. wasting your time.
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I just hope we can solve a block and have to worry about these issues! We're rocking an 18G best ever share, so 1/5 of the way there. We will hit eventually, I have faith.
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Glad to see the pool having a lucky day today! Now if I could just win the Powerball tomorrow..... Great way to start the weekend with all these blocks. If I win power ball I'm building myself a little bicoin mining farm. Yee-haw!
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How can I set difficulty for my antminer C1? It is just really frustrating that the difficulty never changes from 1024 so no best shares are ever shown.
So you're saying your C1 never submits a share greater than 1024? Sounds like a problem with you C1, even my little 2GH/s ubs sticks find shares in the M range.
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maybe i missed it, but has there been a compac stick out there that has found a block?
Not yet, but we're sure are trying in the compac solo club! I think the best share from a stick to date is like 2G. Odds are stacked against a stick, I think the math says it should find 1 in 3000 years or something. "Never tell me the odds!" -Han Solo hey zou what is the ui that you run ? i kinda like it
That's cryptoglance, great program! It's open source and the dev is active on the forum. Use it and donate!
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I hope we see it go up even more. I really think with China being a big part with their stock doing kinda crappy we might have more from there looking at holding BTC.
The way the Chinese government controls the finances in that country, we could just as easily see things over there do a 180. Hopefully that wouldn't tank the btc price, there would be a lot of unhappy miners.
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The "they" I refered to is the address you posted. I assume they, the address controller, mined those coins. there is no way anyone can map just an arbitrary bitcoin address to any individual or organization. No, but the converse can happen. If someone know who controls and address and that address generates fresh coins it's just a matter of 1 + 1.
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