Post
Topic
Board Pools
Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
dmwardjr
on 15/10/2014, 15:42:02 UTC
If, as you insist, pool luck is just that, then surely it can not be demonstrated to be otherwise. Unfortunately for you, it has, and that by the ignorant mob you so detest.

On the contrary. For the sake of the argument envisage yourself as the sole miner of bitcoins and ask yourself whether you would find a block bang on every 10 minutes or if there would be a variation. That's Solo. Now extrapolate that variation over the number of miners/pools we currently have and it's only natural the variation is going to be exacerbated.


So, if someone is astonished at how un-lucky (or vice versa) a pool is, so what ... !?

It becomes repetitive. Simple as that. Just the same as the numerous posts on slush's payout times become repetitive. The issue is not with what people are (or aren't) astonished about but rather that they keep flogging a dead horse.

I want you to show me in the following post I have made and repeated on here several times HOW THE HECK I SAID WHEN A BLOCK WILL BE FOUND AND HOW MANY BLOCKS WOULD BE FOUND...  DID I OR DID I NOT SAY A CERTAIN NUMBER WOULD HAVE TO BE FOUND """""TO BE 100% LUCK FOR THE WEEK?"""""



Slush is averaging right at 8 PH/s TOTAL hashing power.  At present difficulty, that is approximately 5 hours 10 minutes time for each block found.  To be at 100% Luck for the week [while maintaining a consistent 8 PH/s] we would need to find [24 hours divided by 5.16666667 hours] = 4.64516129 blocks each day during that week.  Again, that's to maintain 100% Luck.

[Slush] 4.64516129 blocks x .01452471 average shares with 4.67 TH/s = 0.06746962 BTC average each day.  That would be 2.02408860 BTC in 30 days (1 month).

GHash is averaging right at 60 PH/s TOTAL hashing power.  At present difficulty, that is approximately 41 minutes 21 seconds for each block found.  To be at 100% Luck for the week [while maintaining a consistent 60 PH/s] they would need to find [24 hours divided by .68775 hours] = 34.8964013 blocks each day during that week.  Again, that's to maintain 100% Luck.

EDIT:  CORRECTION MADE TO GHASH ON AVERAGE SHARES, WHICH CHANGES ALL NUMBERS

[GHash] 34.8964013 blocks x .00193933 average shares with 4.67 TH/s = 0.066767564 BTC average each day.  That would be 2.03026914 BTC in 30 days (1 month).  ALSO, one also gets bonus alt coins as well.  Such as NMC and others.  It's a bonus all the way.  Not sure how well those coins are doing and their value related to BTC.  Haven't really looked into THAT part of it deep enough yet.


STOP YOUR CLAIMS THAT HAVE LACK OF MERIT!  STOP BARING FALSE WITNESS AS WELL!!!