Quote from: rachael9385 on Today at 11:50:15 AM

If 3 blocks was mined 10 minutes, that means each transaction would be mined within 1/10^3 and 0.0027 per transaction.
1/10^3 gotten from the λ and the 0.0027 is 1/10^3

These are some non-understandable math. Why 10^3, how did you work out 0.0027 and what does it mean?

Quote from: Ricardo11 on Today at 11:54:10 AM

We know the formula of probability is :- possibility= (Number of favorable outcomes of events / Number of possible outcomes)

That's not the correct formula to use. Your formula makes sense in finite sets. For example, the odds of getting an even number from a dice roll.

Code:

{Total of even integers from 1 to 6} / {Total integers from 1 to 6} = 3 / 6 = 0.5

The set of all possible outcomes in the Bitcoin network within 10 minutes is infinite.

Before I unveil the answer, I want to leave the thread for a few hours. Maybe someone wants to correct the replies above.