Quote from: thegreyfalcon on October 29, 2017, 07:08:19 PM

Quote from: spfoo on October 29, 2017, 06:29:06 PM

Quote from: TheRaster on October 29, 2017, 05:22:31 PM

Listed pools will be getting migrated by Rishab and that exchange trading should be back online soon.

I would also like to point out that not all pools are listed. Some are invite only private pools.

Ok, so the unlisted account for about 300 KH/s eg. 80% network capacity currently. Maybe you could explain how the majority of blocks end up elsewhere (cryptopool.me mostly) than to those 80%? Just looking to understand why this is the case. This discrepancy affects mining profitability greatly. It makes the difficulty look abnormally high.

If we assume that 5 out of 10 blocks are being found by cryptopool.me and the hash rate of cryptopool.me is around 45 k, that means the network hash should be around 80k not 360k. The only logical explanation for this and may be I am wrong is that the network hash is the average of all pools hash rate over a period of time.

In the last 12 hours, the difficulty has increased from around 3 million to 21 million.

I wish if the dev or anyone explains how the network hash is being calculated.

Right it is simple.

The a pool (any pool be it on the list or not) has someone put a big amount of hash on it. Lets say 1MH.

Because the network has to catch up with pools the pool miner rinses the network for blocks.

So because of the jump in hash power the miner can mine 1 block every 9 sec's or so. This in tern puts the network diff up. However because of the way things work. It takes time for the network to put the diff of a block up. So when that miner has gone the network diff is still catching up. So the diff of the blocks keeps going up and so to the hash rate of the network.

Then when it gets to its peek for the hash power that was put on. The network starts to lower the block diff. And the hash rate on the network comes back down.

If you go and put 1 mh on a pool now you will see the diff go up well after you stop mining.

All coins do this. Its just the way they work.

If you want to see for your self you just go get some big hash on one of the pools. You will see the pool hash go up well befor the network catchs up to it.