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Author Topic: Do I have "putting this in perspective" correct?  (Read 531 times)
Phinnaeus Gage (OP)
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April 07, 2014, 08:02:42 PM
 #1

https://blockchain.info/pools?timespan=24hrs

Quote
Relayed By   count

GHash.IO      44
BTC Guild      22
Discus Fish    20
Eligius          13
Slush             5
EclipseMC       2
TripleMining   1
BitMinter        1

<apologies for using such as an example, but am perplexed>

According to blockchain.info, the above blocks were found in the past 24 hours.

That means that EclipseMC only found 2 blocks equating to ~$900 USD.

Is that all - $900 USD - that is divided among all the clients of EclipseMC dependent on the hash rate they contributed to the pool?

<again, apologies for using said example, for the general consensus is it's a fair pool>
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April 07, 2014, 08:06:08 PM
 #2

https://blockchain.info/pools?timespan=24hrs

Quote

Relayed By   count
GHash.IO   44
BTC Guild   22
Discus Fish   20
Eligius   13
Slush   5
EclipseMC   2
TripleMining   1
BitMinter   1

<apologies for using such as an example, but am perplexed>

According to blockchain.info, the above blocks were found in the past 24 hours.

That means that EclipseMC only found 2 blocks equating to ~$900 USD.

Is that all - $900 USD - that is divided among all the clients of EclipseMC dependent on the hash rate they contributed to the pool?

<again, apologies for using said example, for the general consensus is it's a fair pool>

Each block = 25 coins (plus fees), not 1 coin.

There are certainly small pools that only get 1-2 blocks per day, or even wait multiple days for a block. At the target block difficulty there are only 144 blocks per day so a 1% pool expects to get 1-2 of them. Nothing out of the ordinary there.


Phinnaeus Gage (OP)
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Activity: 1918
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April 07, 2014, 08:08:46 PM
 #3

https://blockchain.info/pools?timespan=24hrs

Quote

Relayed By   count
GHash.IO   44
BTC Guild   22
Discus Fish   20
Eligius   13
Slush   5
EclipseMC   2
TripleMining   1
BitMinter   1

<apologies for using such as an example, but am perplexed>

According to blockchain.info, the above blocks were found in the past 24 hours.

That means that EclipseMC only found 2 blocks equating to ~$900 USD.

Is that all - $900 USD - that is divided among all the clients of EclipseMC dependent on the hash rate they contributed to the pool?

<again, apologies for using said example, for the general consensus is it's a fair pool>

Each block = 25 coins (plus fees), not 1 coin.

There are certainly small pools that only get 1-2 blocks per day, or even wait multiple days for a block. At the target block difficulty there are only 144 blocks per day so a 1% pool expects to get 1-2 of them. Nothing out of the ordinary there.


I just found my error and was going to post such, hoping to lock this thread (will do now) prior to anybody commenting.

I'm such an idiot that needs clinical help.  Roll Eyes

~Bruno Kucinskas
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