Post
Topic
Board Mining
Re: Confirmation time vs tx fee: Another reason to keep the blocksize where it is?
by
SomeWhere
on 11/03/2013, 16:14:55 UTC
This is wrong. It makes no sense to take the highest fees if you know you have no chance of getting them, since faster miners will always get there first.
I think you don't understand how mining works-- there is no such thing as a "faster" miner, just miners with more or less chance of creating the next block.


Please correct me, but doesn't it take longer to solve a given block if one has a slower computer? If so, wouldn't the transactions in the block just be older? Hence, confirmation times would scale inversely with tx fees.

wot?