POOL MINING QUESTION
burstcoinPT last edited by
what is the diference in this boot miners?? why one get more coins the another one??
burst magnees have more TB mining power but only receive 37 coins why??
Anyone can answer this question~?
@burstcoinPT Please look around the forums and use the search function first.
@burstcoinPT the earned amount does not depend on capacity displayed there, that is just a info (witch can be wrong) ... it depends on the deadlines you commit, and that depends in short term on luck. Btw. i never saw any source code of that pool and i'm not involved in it, so i can just tell you what i have read and heard.
gpedro last edited by
@burstcoinPT I've notice that too... My question here is what the factor luck is in it?
How my deadline is lower based on luck? If i've the same Plot, on the same pool and my reading speed doesn't change that much? Is based on the difficulty of the block that I found?
IceBurst last edited by IceBurst
Luck is purely that. There is no magic formula to ensure you will find blocks at a given interval no matter your total plot size.
Here's a great example. Lets say I build a plot that is 1,000TB, insanely huge (assuming it was searchable). I should be finding between 30 and 50% of all blocks. But statistically speaking there is no guarantee that I will hit a block in any given amount of time. I could go 100 blocks in a row with out hitting. Now lets take the opposite approach. Lets plot 1GB, I should hit a block statistically once every 1,700,000 blocks but luck being what it is, I could hit two in a row.
The historical block share only references the past 50 blocks which represents less than the past 4 hours. A sample set way to small to mean anything other than your payout if a block is hit now based on your past 50 blocks deadlines.
Hope this makes sense,
gpedro last edited by
@IceBurst Makes a lot of sence, yes... Thanks
@gpedro I want to add that you should understand the concept of statistical variance.
The expected value is was the calculator tells you. It is the average over a longer time. Like one month.
What you see on a daily basis is the expected value with a big variance. Over time you get closer and closer to the expected value.