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Author Topic: Mining pool block finding formula  (Read 881 times)
tubexc
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September 19, 2016, 07:26:41 AM
 #1

The question is :
Why some pools with low global
hashrate power find more bitcoin blocks
than other pools with higher hashrate power ?
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ALToids
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September 19, 2016, 10:31:23 AM
 #2

The question is :
Why some pools with low global
hashrate power find more bitcoin blocks
than other pools with higher hashrate power ?

The answer is just dumb luck.

If you flip a coin 4 times and it lands on tails (3) times do you question it?

https://en.wikipedia.org/wiki/Poisson_distribution
tubexc
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September 19, 2016, 11:21:58 AM
 #3

Ok
I was getting confused with commas.
Thought CKPool: 46,190.21THs  they were 46 THs but are 46 PHs !
Right ?  Grin
newIndia
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September 19, 2016, 11:58:18 PM
 #4

Ok
I was getting confused with commas.
Thought CKPool: 46,190.21THs  they were 46 THs but are 46 PHs !
Right ?  Grin

46,190.21 THs = 46.19021 PHs

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September 20, 2016, 04:13:38 PM
 #5

It's all pure random luck.
The more hashing power you have the more shares/chances you or the pool have at solving a block.
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