Post
Topic
Board Pools
Re: KanoPool 0.9% fee 🐈 since 2014 - Solo 0.5% fee - Worldwide - 2432 blocks
by
thatguyontheinterweb
on 05/10/2021, 16:31:18 UTC
Hi, I was doing some of my own math, probably not that good, but it makes sense to me, so correct me if I'm wrong.
Kanopool is currently hashing                                 ~5PH/s
Slushpool (what I mainly mine out of) is hashing at  ~6800PH/s
Worldwide is currently hashing                                ~150000PH/s
Blocks mined a day                                                ~150 blocks

I think it's accurate to say that depending on your pools size is the likelihood to finding a block.

So if there are 150 blocks a day mined and if your pool is mining 1EH/s, chances are you'll get 1 block a day compared to the total hash rate. Seems right to me because Slush averages about 6-7 blocks/day. So, applying this to Kanopool, 150 blocks/day * ~1/30000 of the mining share = 1 block/200 days. Is this about right? The odds of hitting a block depending how lucky/unlucky you are?

The last block Kanopool mined was 436 days ago, so chances are that the pool is well overdue. Which to me sounds like I should divert the few miners I have at Kanopool (about 50TH/s, just what I can do on my own). However, 1/30000 is just such a small chance that it may just be likely that getting that lucky may not happen.

I guess what I'm asking is, is my math accurate and can you add something that I may/may not know to add my miners in, albeit small? I want to help, but I can't deny the slow and steady of Slushpool.