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by hinkley 2337 days ago
> If you report the pool's hash rate as lower

err, right. If you want to convince people they're getting a fair share, you have to downplay their contributions, and since they know what they did you have to make the pool bigger, not smaller. How long would it take to notice someone was fluffing the pool by 10%?

1 comments

The variance month to month is far higher than that for most pools. Nobody would ever notice, trust me.
Yeah that’s what I meant by the statistical comment.

My hardest class in college was statistics, and mostly I learned that humans suck at them.

I was binging math videos recently and I got to one where one guy made a list of “random” heads or tails, and then the other guy guessed them and got like 60% right. He was disappointed because he often does better.

Humans, he asserted, will never write more than 3 (or was it 4?) heads in a row because they feel they aren’t random enough. And because if this, over half of the possible patterns are never seen.

Which is also why, when a test that’s failing 10% of the time, my coworker who thinks he just fixed it will run the new version five, ten times and claim victory... only for it to fail four times in a row the next day.