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by lordnacho
2793 days ago
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> What is an actual phenomenon that is well modeled by a poisson process? Time to next Bitcoin block mined. It's 10 minutes, regardless if whether you've waited 1 hour, 10 minutes, or 10 seconds. Makes sense though, because all the failed hashes are useless, thus no memory. |
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Why Is It Taking 20 Minutes to Mine This Bitcoin Block?
https://news.ycombinator.com/item?id=16469382