And this is why ...
This is why the system is misunderstood - because you think I am wrong on statistical probabilities that are fact, as well as ratios and mathematical facts that you think are incorrect.
All good though, the more you believe you are right, the more those like me seem to be benefittting from the manipulation of these statistical facts. Probability has feeling, so what you believe or feel is right or wrong is irrelevant. It's maths. The probability is based on EVERY block, on EVERY game, on EVERY hash. Whether we like it or not.
It makes no difference anyway guys, as the probabilities are not what we are all dealing with here. A block WILL be hit when the hashrate is there, that is coded into the system, whether 10minutes or so is also (almost) irrelevant, it WILL be hit - it actually HAS to be unless the chain is stopped with no hash driving it.
I don't need to argue these facts with you, look at the probabilities of Lotto for every games played, and the same goes for every block,
All good though. The misconception there is in the world, the better for those that can deal with the way it works.
#crysx
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This will be my last post on that topic, because I already believe argueing is kind of senseless here. I didnt put any feeling or emotional expression into my reply. Please provide me the lines of code where the Certainty of solving a block is implemented (and I dont mean the Diff Adjustment based on the average blocktime).
Maybe the following analogy might help:
The probability for a standard dice to roll a 1 is 1/6. But that doesnt mean, that you get a 1 every 6 rolls. It is highly improbable but possible, that you roll a 1 six times in a row but the same is to say for not a single 1 in 30 tries.
Even if you roll 100 or 1000 times you're not guarenteed to get a 1 but the chances for that are ridiculously small, but it is still NOT CERTAIN!
The same goes for BTC Mining and the underlying SHA256 hashing. Although the "dice" here has 2 to the power of 256 sides which is for human beings an incredible huge solution space. Because it is that large there is no specific hash value demanded but every value that fulfills the defined criteria. Sticking to BTC being below a certain threshold that is adjusted every 2016 blocks and corresponds to enough leading zeros in the hashvalue of a solution.
But the principal stays the same, there's no guarentee of finding such solution in a finite timespan.