Quote from: rallasnackbar on February 04, 2014, 11:32:33 AM

Quote from: pallas on February 04, 2014, 10:38:39 AM

Quote from: SeekEvo on February 04, 2014, 07:39:30 AM

Quote from: comeonalready on February 04, 2014, 05:44:53 AM

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)

Yes, doge coin is randow reward, untill block 600.001, then its 10.000 each block.

On other pools its the same, sometimes you find a block that is under 100k, and other times you find a 950k

Its like playing diablo 2, and the chance on how close to perfect the unique you find is.

We've been down this road before, and the last time someone brought it up, it was me making the very same assumption. But now that I am on the other side, I remember why I don't usually participate in online forums... Having a productive conversation can be like herding cats! (For non-native English speakers, that's an idiomatic expression suggesting a fruitless effort spent on a near impossible task.) As such, I will now bid you all adieu. poolwaffle, please keep at it and do not let us all down. I can assure you that your efforts are appreciated..

I will leave you with a quote from someone I once had the pleasure of working with, and for all I know, he might have actually been insulting me...
"The greatest enemy of knowledge is not ignorance, but the illusion of knowledge."