Post
Topic
Board Pools
Re: [∞ YH] solo.ckpool.org 0.5% fee anonymous solo bitcoin and free testnet mining!
by
fresca
on 29/12/2014, 02:42:36 UTC

but I don't exactly see it that way because each mining node is competing against all the others.

There is no competition.  Every hash found has an equal chance of matching or exceeding current difficulty, which is around 39.5 Billion.

If there's no competition, then why am I not solving ALL of the blocks?

Because you don't have 286541.40 Ths of hashing power.

Call it what you want, but that is competition.  That's the exact reason there are pools and hardware races for new technology.  If your not solving a block, someone else is.