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Author Topic: Mining pool hashrate chart  (Read 951 times)
A-XBT (OP)
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November 20, 2015, 06:53:32 PM
 #1

http://a-xbt.com/#/stat/

This chart shows the performance of the pool using a moving average  on the number of blocks found. We do not rely on the data of the owners of the pool and calculate the performance of a pool solely on data from blockchain.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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November 20, 2015, 08:17:43 PM
 #2

The BTC blockchain is only a store of blocks, it contains no actual statistics of any mining.

What I mean by this is that you need hundreds if not thousands of blocks in the BTC blockchain to estimate a pools hash rate based on blocks found (and that also ignores stale blocks and orphans)
Block finding is (mostly) random luck, so to reduce the (mostly) random luck in a calculation based on those (mostly) random luck events, you need a lot of data.
The reason the difficulty changes every 2016 blocks is because it takes a lot of blocks to estimate the network hash power with any accuracy - but even with 2016 blocks it's not very accurate.

... most pools hash rate varies per block found, so using a set of (mostly) very random data to estimate a moving target is not gonna be very accurate for most pools other than the top few around 10% or more of the network.

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November 20, 2015, 09:02:52 PM
 #3

yes, you said true.
But usage the moving average 7d, 3d,  1d, we get  fairly accurate range of hashpower pool for the selected period. This chart interactive, and you can zoom some periods. 
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