Post
Topic
Board Pools
Re: [~2700 GH/sec] BTC Guild - 0% Fees, LP, SSL, API, 8 Decimal Payouts and more!
by
eleuthria
on 17/07/2011, 02:01:41 UTC
The math does not convince me on either side of the pool-hopping arguments. BOTH sides ignore the stochasticity inherent in the block-finding behaviors. (!!!)

In my post a few pages back, I put up my math showing how pool hoppers don't impact the BTC/minute for a round in any of 3 scenarios:  Pool hoppers there the whole round, part of a round, or not at all.  My math was wrong because it was looking at a single round worth of information.  If you look back at the post, and COMBINE the two rounds you will get the following:

In scenario 1 (with hoppers) "rest of the pool" will get
45 + 48.34 = 93.34 BTC
in 5 + 32.22 = 37.22 min,
resulting in 2.51 BTC/min

In scenario 2 (without hoppers) "rest of the pool" will get
50 + 50 = 100 BTC
in 5.55 + 33.33 = 38.88 min,
resulting in 2.57 BTC/min


These were using fairly simplified numbers, and assuming hoppers were only 100 GH/s rather than 200+ which I now know they were.  In those scenarios (a 500k and a 3m round), the net effect was 0.06 BTC/minute drop if hoppers were part of the pool during the start of rounds, or 2.3%.  Now my math used was very simple, but the theory holds true for actual pool hopping.