3 ms·
Er. Describing it as a race inspires some of the most common misconceptions about mining. If it were a race and Alice ran 10x faster than Bob, Bob would probab
by nullc 14y ago
Er. Describing it as a race inspires some of the most common misconceptions about mining. If it were a race and Alice ran 10x faster than Bob, Bob would probably never win.
Bitcoin mining is stochastic, and for a given current difficult each calculation performed by anyone has an equal very small probability of being a solution. Like throwing dice and trying to get a 1. If Alice mines 10x faster than Bob then Alice will find, on average, 10x more solutions.