Post
Topic
Board Bitcoin Discussion
Re: Probability of Next Block Within 10 Minutes
by
548845
on 27/12/2014, 13:22:12 UTC
It's a Poisson process, with a mean of 10 minutes. So...

What is the probability that the next block will be found within 10 minutes from now?
63.212%

Or within 1 minute?
9.516%

Or 10 seconds?
1.653%

Or 1 second?
0.167%

Now THAT is a killer response!

http://weknowgifs.com/wp-content/uploads/2013/03/billy-dee-williams-clapping.gif