Post
Topic
Board Pools
Re: [5BTC BONUS!] MineCo.in - LP,EU Server,SSL,JSON API,0% TAX
by
padrino
on 21/06/2011, 12:26:49 UTC
Wow, this pool has grown a great deal in the past day!!  And I have to believe we are close to finding our first block soon!! And I would love to be the one that gets lucky and finds it!! lol
you clearly do not understand how mining works.

LOL, I am still very new to this, to be sure.
The outcome of each hash is independent of any hashes that are before it. in other words, after hashing for one year (and not getting anything), the chances of you getting a block is still the same.

Ummm, it's a fine point but double check what you are saying.. If the clock always starts at each block then yes the chance for everyone is equally proportional to the hashing power they have. If the clock starts 1 year ago the "chance" is significantly higher at that point.