Post
Topic
Board Pools (Altcoins)
Re: [ANN][POOL] Profit switching pool - wafflepool.com
by
pallas
on 04/02/2014, 10:38:39 UTC
The last dogecoin block we found was indeed very small -- only 193,881 of a possible 1,000,000.

dogecoin   2014-02-04 03:44:24   8b67e7e8199c7faf046648f3cb7eed7c5b6b5efacd786cc1e39086c25f5777cf   193,881.10278679   valid

But that begs another question...  As it was pointed out earlier, the profitability algorithm knows the doge block reward in advance, so how did it ever determine that mining a block with such a low reward was the most profitable option at the time?

I was a bit curious about this as well. Why wouldn't we (or anyone) just mine the most rewarding block...or just discard less profitable ones?

Isn't the block reward of dogecoin random?

Special reward system: Random block rewards

1-100,000: 0-1,000,000 Dogecoin Reward

100,001 — 200,000: 0-500,000 Dogecoin Reward

200,001 — 300,000: 0-250,000 Dogecoin Reward

300,001 — 400,000: 0-125,000 Dogecoin Reward

400,001 — 500,000: 0-62,500 Dogecoin Reward

500,001 - 600,000: 0-31,250 Dogecoin Reward

600,000+ — 10,000 Reward (flat)