Post
Topic
Board Bitcoin Discussion
Re: Probability of Next Block Within 10 Minutes
by
Flashman
on 01/01/2015, 23:07:58 UTC
It's a Poisson process, with a mean of 10 minutes. So...

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