RE: KOIN Mining: Frequently Asked Questions
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Hey, I think you overcomplicated this whole thing with the frequency approach.
If this is true:
Your computer is solving hundreds of thousands (or millions) of “losing” hashes every second that it is throwing in the trash, just as you would a losing lottery ticket. It is not saving those hashes, it is searching for one “winning” hash and when it finds that hash it immediately submits a proof to the Ethereum network.
Then your miner software is not a miner.
It's a slot machine!
And the process is not mining (accumulating proof over time) but plain and simple
Gambling
Am I right? I thing I am.
So, what frequency gives you the 50/50 chance?
0
0
0.000
It's a interesting point you're raised here.
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I hope we'll get an answer :)
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