Bitcoin Forum
December 10, 2016, 10:48:33 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Calculated MH/s displayed in a pool could be a measure of "luck"?  (Read 767 times)
wigsgiw
Newbie
*
Offline Offline

Activity: 18



View Profile
May 30, 2011, 10:44:35 AM
 #1

This is just a random thought that I might share Smiley

I'm in slush's pool, using DaCoinMinster's Chrome extension. One of the additional statistics displayed is a calculated MH/s. I assume that this is calculated based on something like: (cluster GH per sec / total shares) * shares I produced. I believe that some other pools also display this information, although I haven't dug too far into many of them.

I push a (stonking) 35MH/s total at the moment (soon to be moderately and prudently improved), and there is pretty large variance in the calculated MH/s displayed for each round - sometimes I'm seeing 100.64MH/s, others 7.30MH/s and anywhere in between. This variance sometimes evens out over longer rounds (which you'd expect) but often it makes no difference whether it is a 2.5 hour round or an 8 minute round.

Do you all think that this could be perceived as a measure of "luck"? As in, for rounds in which I'm fortunate my MH/s is over-represented, and on bung rounds it is lower?

Or am I pushing so few MH/s into the pool that the overall measure is probably going to be completely out of wack anyway?

Keen to hear any insight or general musings Cheesy

1Hxoht39KTRfkiVE15L8yYEumumbFunGiG
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481410114
Hero Member
*
Offline Offline

Posts: 1481410114

View Profile Personal Message (Offline)

Ignore
1481410114
Reply with quote  #2

1481410114
Report to moderator
1481410114
Hero Member
*
Offline Offline

Posts: 1481410114

View Profile Personal Message (Offline)

Ignore
1481410114
Reply with quote  #2

1481410114
Report to moderator
error
Hero Member
*****
Offline Offline

Activity: 574



View Profile
May 30, 2011, 10:56:19 AM
 #2

This is a FAQ.

Your hash rate shown by any tool other than your actual miner is merely an estimate based on actual submitted shares.

15UFyv6kfWgq83Pp3yhXPr8rknv9m6581W
wigsgiw
Newbie
*
Offline Offline

Activity: 18



View Profile
May 30, 2011, 11:07:44 AM
 #3

I understand that it is an estimate, but mining as far as I understand has a hefty luck element to it - you can push through as many MH/s as the other guy, but you might come out with more submitted shares.

My point is whether the MH/s shown elsewhere could be seen as a measure of this element of luck to an extent?

1Hxoht39KTRfkiVE15L8yYEumumbFunGiG
error
Hero Member
*****
Offline Offline

Activity: 574



View Profile
May 30, 2011, 11:12:38 AM
 #4

You can determine your variance from the mean. Calling that lucky or unlucky is an interpretation; it's merely random.

15UFyv6kfWgq83Pp3yhXPr8rknv9m6581W
wigsgiw
Newbie
*
Offline Offline

Activity: 18



View Profile
May 30, 2011, 11:28:10 AM
 #5

it's merely random.

Where's your sense of wonder!?  Wink

Fair call, I see your point, thanks.

1Hxoht39KTRfkiVE15L8yYEumumbFunGiG
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!