Post
Topic
Board Bitcoin Discussion
Re: [Quiz] Answer the Bitcoin question and earn merits! #2
by
Judith87403
on 20/03/2024, 12:59:45 UTC
Question: What is the chance of having exactly three blocks mined within the next 10 minutes? You can assume that a new block is mined every 10 minutes on average.

Cut-off date: 27/03/2024.

I'm using mathematics to explain the question:

probability 1/10  ...K= P(3:1) that (3 blocks per minute) = (e^-1-1^3)/3! =1/e.6 = 0.0613 ~ 6.13

^ is a power function
mean ^-1 ...-1 is to the function "e"  same as ^3 to the function "1"