Post
Topic
Board Pools
Re: [5500 GH/s] BitMinter.com [ASIC support: var diff, Stratum, GBT, rollntime]
by
DrHaribo
on 24/04/2013, 20:52:40 UTC
Can a pool abandon a block?  13 hours and counting, we're missing out on lucky and unlucky blocks of shorter duration...

Mining bitcoins is like going through billions of lottery tickets. There's nothing to abandon, we're not staring at the same lottery ticket all this time. We just had some bad luck playing the lottery today.

Each hash your computer does is one lottery ticket. There is no progress towards completing a block. If your lottery ticket is not a winning ticket, then you throw it away, it's completely useless.