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otrkid70 (OP)
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January 18, 2014, 11:50:41 PM
Last edit: September 30, 2014, 09:59:24 PM by otrkid70
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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January 19, 2014, 12:10:23 AM
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when mining in a pool why does the percentage go over 100%? is this because the pool workers are looking for a new block or still solving the current one?     Forgive me if it seems like a stupid question..just trying to learn the ropes here.

Since you're rather unclear with what you mean with "the percentage", I will assume that this means some form of measure of the elapsed time since the previous block found by the pool relative to the estimated time to find a block with the pools current hashrate. In that case, the answer is simple: Bad luck. Mining is a lottery, sometimes you get lucky, sometimes you don't.
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