Post
Topic
Board Pools
Re: KanoPool 0.9% fee 🐈 since 2014 - Solo 0.5% fee - Worldwide - 2432 blocks
by
thatguyontheinterweb
on 11/10/2021, 21:10:37 UTC
The 'may not happen' is a misunderstanding of the statistics.

The most obvious point being that every block is found by a single miner around 100TH or less.
So if we assume that every physical miner is around 100TH everywhere on every pool (but in fact most are less than that) then 'may not happen' is the same as saying that since each miner is only 100TH, none may ever find a block.
Yet every single block, found every day, is found by one of these miners somewhere on the planet.

The issue with a small pool is the fact that the expected time between blocks can be large.

However, to change another misunderstanding in your comment, the expected time to the next block is always 100% from now.
(there is no 'overdue')

When we will get the next block is completely random, but ... read Help->Luck Smiley
https://kano.is/index.php?k=poisson

That is an interesting point you make, every block is found by one miner. Even the top of the line 110+TH/s miners are still a drop in the bucket. I guess it's not far off from my thinking on lotteries. Buying 1 vs 10 tickets doesn't really increase your chances all that much in the grand scheme. Quick question tho, I thought I remember seeing that BrainsOS does not work in your pool? I guess it is a proprietary software, so slush would want it to keep miners in theirs. I do have 2 A841's I could point to yours still if those s9's wouldn't work for the pool