Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
TierNolan
on 20/08/2013, 13:18:36 UTC
What's the difference here? With A you got 8x 128 submitted on time. That gives you a share count of (128*8=1024). With B, you got 1x 512 submitted on time. That gives you a share count of (1*512=512).

The issue is that it is random, you don't get blocks every 10 seconds.  Every second, you have a 10% chance of getting a block.

If you have 10% of the hashing power, you have a 10% chance of getting the block.

It is not a race between the fast and the slow miners, where the slower miners always lose.  It is like a dice roll where you win if a 1 comes up.

Someone who rolls the dice faster will get more 1's, but the slower thrower will still get 1's.

Latency can matter.  If 2 people win at the same time, then the one who submits first wins the block (but that only matters when a block is found).

Having said that, when a switch happens, the pool should still accept shares for the old chain. 

What would happen here?

- miner finds a LTC block
- pool switches to some other chain
- miner submits LTC block to pool

Would that count as a rejected block?