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Is Mining Capacity Cumulative or can it be
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Topic: Is Mining Capacity Cumulative or can it be (Read 946 times)
bitndx
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Is Mining Capacity Cumulative or can it be
November 27, 2013, 03:44:23 PM
#1
If I had 3 1TH boxes would it be correct to say I had 3TH of mining power or is it really 1TH of mining power since each box's peak power is 1TH?
In other words is mining power constrained by the physical box it is contained in and any additional boxes are just more "chances" to win a block?
thanks
DeathAndTaxes
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Gerald Davis
Re: Is Mining Capacity Cumulative or can it be
November 27, 2013, 03:47:02 PM
#2
The only thing that matters is total output.
3 x 1 TH or 1 x 3TH or 300x 0.01 TH it is still 3 TH of hashpower.
bitndx
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Re: Is Mining Capacity Cumulative or can it be
November 27, 2013, 03:56:39 PM
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Quote from: DeathAndTaxes on November 27, 2013, 03:47:02 PM
The only thing that matters is total output.
3 x 1 TH or 1 x 3TH or 300x 0.01 TH it is still 3 TH of hashpower.
Is that because the miner can orchestrate or coordinate among the 3 physical nodes to solve the puzzles?
DeathAndTaxes
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Gerald Davis
Re: Is Mining Capacity Cumulative or can it be
November 27, 2013, 04:09:07 PM
#4
There is no cordination required. It isn't a puzzle (I know people say that but it is factually wrong). Each hash is a random guess and miners are looking for a hash below a certain target. It will take the same number of hashes (in the long run) to solve a block. Units don't need to work "together", there is no progress towards a solution. Each hash either instantly "wins" (solves a block) or it is loses and the next hash has no greater chance of being a solution.
Think of hashes like lottery tickets. In a lottery on average there will be a winner for every x lottery tickets sold. Sometimes a winner will be found is less than x, sometimes more than x but on average across thousands of lotteries the number of tickets per winner will be roughly x. If a lottery ticket wins it simply wins, if you buy 1,000 lottery tickets and they are also losers you aren't "closer" to winning next week. Every ticket has an equal chance of being a winner. In mining instead of buying lottery tickets your rig is producing hashes but it is the same concept.
bitndx
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Re: Is Mining Capacity Cumulative or can it be
November 27, 2013, 05:48:44 PM
#5
Thanks for your responses!
so it seems like each instance of the miner has an equal chance to win and is differentiated by hash speed(MH GH TH) hence the drive to more densely packed rigs running under one instance of the miner??
I need to think about the mining software more to understand the methodology behind the "guesses" ...sequential, random, boolean etc.
Zelek Uther
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Run a Bitcoin node.
Re: Is Mining Capacity Cumulative or can it be
November 27, 2013, 06:56:40 PM
#6
Do pools assign different nonce ranges to different workers?
Run a Bitcoin node, support the network.
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