Bitcoin Forum
June 14, 2024, 12:25:16 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Could a small miner actually randomly solve a Bitcoin block  (Read 245 times)
Skot
Full Member
***
Offline Offline

Activity: 217
Merit: 243

bitaxe.org


View Profile
March 06, 2023, 03:56:31 PM
 #21

For normal pooled mining this is pretty uncommon since most pools have fast internet and world wide block distribution.
Most small pools don't have this however, and home mining without that network is just a loss waiting to happen.

Okay, fast internet makes sense. But can you tell me more about “world wide block distribution”? Is this just a node with more peers? Better selected peers?
More nodes on fast worldwide networks means faster worldwide block distribution.
Also, on my pool a block can be distributed via a tiny share to all the nodes.
All my nodes also connect to each other for block distribution, and have a lot of connections in their area.
So ... our blocks get around the world fast.

That's pretty cool! How does one get nodes on fast networks distributed around the world? Are they in datacenters? Sounds like it could be expensive to maintain.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!