Quote from: franky1 on April 23, 2017, 08:31:46 PM

Quote from: newIndia on April 23, 2017, 07:56:08 PM

Quote from: franky1 on April 23, 2017, 05:01:10 PM

if the block does not get accepted its not "losing 12.5" .. its just not winning /gaining 12.5..

If the block is orphaned after wasting hash power to find it, then should not we call it losing?

nope.
if it doesnt get accepted and doesnt stay in the chain. then the pool never had it

there are 20 pools and only one block gets it in an average of 10 minutes
put it this way

EG thats why if a pool put in a reward of lets say 1000000btc..
it would get rejected.. does not mean it had it and lost it.. it just means it never had 1000000btc

yes it wasted hash trying..

but doesnt mean it lost 12.5btc or 1000000btc.. it just means it didnt win..

when you play the lottery.. you dont lose millions.. you just dont win, someone else does

That's a different explanation than the original course of discussion. I said...

Quote from: newIndia on April 23, 2017, 04:39:23 PM

I wonder, which pool will take the risk of losing 12.5 BTC by raising the block size?

The question of loss is coming here because one pool need to take the risk of raising block size. There is not much extra reward for this risk other than some minuscule mining fee. It is BIG risk vs little reward and hence I said risk of losing 12.5 BTC.