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Confused on mining OVER 100% of a block
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Topic: Confused on mining OVER 100% of a block (Read 2034 times)
hitndahedfred
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Confused on mining OVER 100% of a block
December 18, 2013, 03:03:41 AM
#1
Hey guys n gals,
Would someone please tell me how more than 100% of a block can be mined?
We have a pool we started.
GENERAL STATISTICS
Pool Hash Rate 27.518 MH/s
Pool Efficiency 99.53%
Current Active Workers 17
Current Difficulty 3094.46568631
Est. Avg. Time per Round 124 hours 12 minutes 44 seconds
Est. Shares this Round 12674931 (done: 137.4%)
Next Network Block 480980 (Current: 480979)
Last Block Found 475340
Time Since Last Block 216 hours 42 minutes 26 seconds
Winterfrost
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Re: Confused on mining OVER 100% of a block
December 18, 2013, 03:58:59 AM
#2
Because mining a valid block has a random element to it, the best you can do is estimate how many shares it will take until you find one. There is always going to be some variance between the estimated and actual amount. In this case, your pool has been somewhat "unlucky" in that it has taken more shares/time than the estimate (which is based on the current difficulty) predicted.
hitndahedfred
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Re: Confused on mining OVER 100% of a block
December 18, 2013, 04:33:46 AM
#3
THANK YOU for the short, simple and concise reply.
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