Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlcoHoDL
on 12/01/2022, 20:51:44 UTC
⭐ Merited by JayJuanGee (1)
Any mining expert can disclose how many machines or how much it currently would cost to set up a mining arrangement that produces 126 Terahashes (TH) of mining power?

The Bitmain S19 has 110Th/s

On average if you solo mined with one Bitmain S19 (110TH) you would hit one block about every 30 years (assuming constant difficulty)

In the real number interval [0,1], any specific number has zero probability of being picked (assuming a uniform probability distribution).

Here's one:

0.4895739579579407964907

Hey, I picked it! I'm so lucky, right?

That's what happened to the lucky miner who got 6.25 BTC so soon. It was pure luck. The probability of you and me getting this lucky is practically zero, as was his.

Few understand this.