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Bitcoin Discussion
Re: Probability of Next Block Within 10 Minutes
by
Flashman
on
01/01/2015, 23:07:58 UTC
Quote from: Bit_Happy on January 01, 2015, 10:31:21 PM
Quote from: Foxpup on December 27, 2014, 10:06:06 AM
It's a Poisson process, with a mean of 10 minutes. So...
Quote from: Bitcoin++ on December 27, 2014, 09:40:41 AM
What is the probability that the next block will be found within 10 minutes from now?
63.212%
....
Wouldn't a number closer to 50% make sense for the 10 minute mark?
Only in as much as it would be a lot easier to make Pi equal 3.0000000