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

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Topic: If I generate ~100k "Level 1 Hashes" Will I Find A Block Of 50 BTC??? (Read 1234 times)

gigabytecoin (OP)

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

April 16, 2011, 08:45:57 AM

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

ref: the current difficulty is around 100k

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

April 16, 2011, 08:51:58 AM

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

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