Bitcoin Forum
May 09, 2024, 11:09:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: If I generate ~100k "Level 1 Hashes" Will I Find A Block Of 50 BTC???  (Read 1234 times)
gigabytecoin (OP)
Sr. Member
****
Offline Offline

Activity: 280
Merit: 252


View Profile
April 16, 2011, 08:45:57 AM
 #1

If I generate ~100k "Level 1 Hashes" Will I Find A Block Of 50 BTC???

ref: the current difficulty is around 100k
1715296178
Hero Member
*
Offline Offline

Posts: 1715296178

View Profile Personal Message (Offline)

Ignore
1715296178
Reply with quote  #2

1715296178
Report to moderator
1715296178
Hero Member
*
Offline Offline

Posts: 1715296178

View Profile Personal Message (Offline)

Ignore
1715296178
Reply with quote  #2

1715296178
Report to moderator
1715296178
Hero Member
*
Offline Offline

Posts: 1715296178

View Profile Personal Message (Offline)

Ignore
1715296178
Reply with quote  #2

1715296178
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715296178
Hero Member
*
Offline Offline

Posts: 1715296178

View Profile Personal Message (Offline)

Ignore
1715296178
Reply with quote  #2

1715296178
Report to moderator
1715296178
Hero Member
*
Offline Offline

Posts: 1715296178

View Profile Personal Message (Offline)

Ignore
1715296178
Reply with quote  #2

1715296178
Report to moderator
1715296178
Hero Member
*
Offline Offline

Posts: 1715296178

View Profile Personal Message (Offline)

Ignore
1715296178
Reply with quote  #2

1715296178
Report to moderator
Raulo
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
April 16, 2011, 08:51:58 AM
 #2

With probability equal to 70.3% yes (with probability 34.3% more than one), with 29.7% no.

Poisson random variable: 1
Average rate of success: 100000/82347=1.21437
http://stattrek.com/Tables/Poisson.aspx

Adjust accordingly, when difficulty changes.

1HAoJag4C3XtAmQJAhE9FTAAJWFcrvpdLM
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!