Reply to post: Re: Could this happen by accident?

Hold 'em, don't fold 'em: How to bite Bitcoin pools

razorfishsl Silver badge

Re: Could this happen by accident?

Beeeeeee cauuuusseee the reward is based on some theoretical assumption of robbing peter to pay paul.

since the calculation is solved "quickly", it is theoretically possible that the time saved by not calculating an extended solution, frees up time to solve another solution quickly, and hence reduces the cost of the whole setup, thereby making the payout higher for the winners.

There is not a single fixed "next block" it is not a single solution race, it is a race to hash a semi-random collection of spends so that the proposed solution meets the difficulty currently required AND gets that solution accepted by the majority.

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