3 ms·
Because miners on the other side of the world don’t hear about the latest block until much later than other miners? Miners who hear about it first get a head s
by etr-strike 9y ago
Because miners on the other side of the world don’t hear about the latest block until much later than other miners? Miners who hear about it first get a head start mining the next block. If the delay is significant, you get a single mining cartel.
Mining a block is suppose to be a lottery, not a race.
- mr_spothawk 9y agoThanks for the clarification here. I've read a lot of your comments today, and this is the first time I've understood your point. I've learned a lot, btw... so thanks for that too.