So in short slowly slowly is the way to go, and get it out of your head that more hash = more BTC because it dosnt, blocks are found at time intervals and devs set this n the code for example:
unsigned int nTargetSpacing = 10 * 60; // Some Shit Coin
That coin is set to give out a block every 10 minutes regardless of what hash rate is on there.
Hope that helps a little
unsigned int nTargetSpacing = 10 * 60; // Some Shit Coin
That coin is set to give out a block every 10 minutes regardless of what hash rate is on there.
Hope that helps a little
It does help a little.
I get that network wite there is only one block every 10 minutes. But, if I increase my personal hashrate shouldn't I (statistically speaking) get a higher portion of the network's earnings? Otherwise, why would anyone contribute more than a trivial amount of hash?
So if spending more doesn't increase earnings then why would anyone mine? I mean getting 25% is great, but if you can only do that on $2 per day then its still only 50 cents.
--Jacob