Quote from: dinofelis on May 10, 2017, 08:36:32 AM

Quote from: franky1 on May 10, 2017, 08:06:20 AM

Quote from: dinofelis on May 10, 2017, 03:58:41 AM

You have visibly a fundamental misunderstanding about mining blocks.

If you have hash power that is so that, with a given difficulty, on average, you find a good block, say, every hour, which means that you have about 1/6 of the total hash power *when the difficulty was determined*, then it doesn't matter whether others are mining or not, you will win, on average, one block every hour - minus those few seconds that you were mining on the wrong block each time.

your not getting it at all!!

ok try this..

imagine the olympics 100m

5 guys.. they all run
average is 10 seconds to get to the other end, and only 1 guy wins

This is simply wrong, because the mining process is not a cumulative work towards a solution. Every hash is a random trial, independent of other trials. It is not because you have been hashing for 20 minutes on a block, that your probability of finding a solution in the next second is higher than if you just started hashing on that block or any other one. It is a Poisson process, not a cumulative calculation.

It's incredible that you have to explain something so basic about mining to this moron who claims to be so knowledgeable that he posts hundreds of times a day, purely to discredit core, blockstream, segwit, whatever isn't BU. Do yourself a favour and put him on ignore; he feigns some kind of smarts that look like he's creating a counterargument when in fact it's a load of bollocks. He's probably laughing about how he pretends to answer the question while attempting to ridicule real progress, development and intelligent discussion as a shill... or more likely he's just a moron.