Post
Topic
Board Announcements (Altcoins)
Re: ⚡⚡⚡⚡[ANN][BAT]BatCoin V1.3 MANDATORY UPGRADE [BAT][ANN]⚡⚡⚡⚡
by
Prinzert
on 21/01/2014, 17:24:43 UTC
30 mins mining solo and got almost 3m BAT

Really?

Even if you had the hashrate and the luck to get every single block that was found in those 30 minutes, you'd still only have 1.2 million BAT......
Even less if block time is correct

You can mine 1.5M in 20mn easily if you have a big hashrate and the network hashrate is low.
ex :
- diff retargets at block 5000 to 0.2 (~9.54MH/s on average for the last 40 blocks)
- you bring 19MH/s
- block time average is then 30s for the next 40 blocks
- you get 2/3 of the 40*2,400,000 BATs = 1,600,000 BAT in 20 mn
- once the diff retargets, you switch coin and wait for the next diff retarget
- the next 40 blocks will be mined in no less than 3 hours instead of 1, users get screwed.

Yes this is totally unfair, like what the multipools do. That's why a low diff coin is easily killable.

There's what is possible if you don't retarget every block.
But there is also what is observed.
Which is that the blocktime remained 90+ seconds, the network hashrate didn't suddenly jump to two or three times what it was ( to account for a miner with incredible luck and high hashrate ). And the estimated retarget difficulty didn't spike.
Difficulty remained around 1.2, and network hashrate remained around 50-60Mh/s
He would've had to bring like 180 Mh/s  on his own....and the observed blocktime still would've had to change...