Post
Topic
Board Pools
Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
by
bit2255
on 05/02/2018, 13:32:49 UTC
Newbie question. When a block is cracked did others in the pool directly share work to crack that block? I’m not sure if block mining is truly distributive, or statistically distributive, as in you only need one machine to find the block, and the more machines the quicker.

In simplest form, it is like attempting to find the combination to a digital lock. If you find the combination you get the reward. You may or may never find the combination depending how many characters are in the password (difficulty). By bringing your friends on board with you and joining your effort your chances increase. The more friends that you have helping out the faster you will find the combination (statistically). You agree to split the reward, when found, by taking the total number of attempts made by the group and dividing out the winnings. In other words, to find your reward: Reward / total attempts made * number of attempts you personally made. So to answer your question, all you need is one worker (machine) to get the job done. Numbers is what gets that same job done expeditiously.



Nicely said!! (All newbies should read this - it might just reduce the number of posts significantly  Undecided)

Mine On!!