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Old 03-29-2013, 04:06 PM  
woj
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Join Date: Jul 2002
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Quote:
Originally Posted by dyna mo View Post
then they lose the combined computing power, severely limiting their odds of mining a block, i believe......

the edge comes in all th emachines working as together
no, I don't think the odds change... I'm slightly simplifying it but if odds of getting a block are 1 in a million every 10 mins, then if you have 1 million machines mining, one of them will get a 50BTC (or whatever) block every 10 mins...

you don't have to mine "together", actually there isn't even such a thing as mining "together", when you join a group, you each mine separately, one of you "wins" a 50BTC block then that block gets shared among all the group participants...
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Last edited by woj; 03-29-2013 at 04:10 PM..
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