Post
Topic
Board Pools
Re: [BLOCK PARTY] ckpool.org ZERO FEE SPLNS no registration mining pool
by
Grog!
on 07/02/2018, 23:12:45 UTC
Hello! I just joined your pool with my lonely but hardworking S9 miner, I understand that it's stupid to ask how much I will receive, but what is the probability of finding a block by my miner, with an average speed of 12.8-13.3 Th/s?
Your Hash rate = 13 TH/s
100% probability to win a block in 35,55 years



I would love to see this exercise on 7 PH/s


Pool Hash rate = 7000 TH/s
128% probability to win a block in 1 month
Alas these are wrong. There is no such thing as 100% probability with mining which is a stochastic process. It keeps approaching 100% but never gets there.

Maybe better to say

Your Hash rate = 13 TH/s -> If you have neutral luck you will mine 1 block in 35,55 years
Pool Hash rate = 7000 TH/s -> Having neutral luck 1 block will be mined in 24 days (or 1.28 blocks in 1 month, even it is imposible to mine 0,28 blocks)

Definetively, 128% luck doesn't make any sense