Post
Topic
Board Pools
Re: [25+PH] KanoPool kano.is 0.9% PPLNS US,DE,SG,JP,NL,NYA 🐈
by
kano
on 17/03/2017, 00:06:03 UTC
By usernamehere! 13TH. Welcome to the acclaim board.

Longtime lurker, first time poster! I logged into my miner today to check on it, and saw that it found my first block! I couldn't believe it since I'm just a small hobby miner, so came here and to kano.is to verify.  Grin Grin

I hope it's not my last.  

http://i.imgur.com/N6qe5i8.png

FWIW: S9v1

I was curious about what the chances are of getting a block on March 11th with a hashrate of 13TH/s.  So I did the math on this and it looks like with 13TH/s hashing rate, a machine had a probability of 0.00036% of finding a block with the given the network hashrate of 3,550,270 TH/s.
13/3,550,270 = 0.0000036 == .00036% probability of finding a block every second
...
Current diff 460,769,358,090.7 (and was when you found the block)
13TH/s is 1 in 1,761.9 of finding a block in a day.
http://tradebtc.net/bitcalc.php

However, the reality is that if you consider someone with 25PH/s would be 3125 x A7 741 miners, and one of those 3125 8TH/s miners finds a block, as is expected to happen at the moment once every ~22hrs, it's no different to one miner on a 25TH/s pool with 8THs finding a block.

Yes it's lucky for that specific 8TH/s to find a block, but one of them is expected to find one on average every ~22Hrs, so it's not unexpected, but rather, it's expected Smiley