Bitcoin solo mining difficulty chart

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The results presented here all come from that simulation with 10M simulations of each scenario to ensure that the data bitcoin solo mining difficulty chart well smoothed. Let's start with the simplest case. The actual numbers don't matter though, just the percentages. In practice though, as the network expands and the ever-increasing difficulty consumes the usefulness of any current hardware, then best known way to avoid the vagaries of random mining behaviour is to use large blocks of co-ordinated mining. What might the same hardware achieve when run this way?

Bitcoin mining is highly erratic see " Hash Rate Headaches " so it's not easy to calculate how our mining will progress bitcoin solo mining difficulty chart instead I built a Monte Carlo simulator. It's not possible to get smaller amounts in this time period by solo mining so that's why there's a discontinuity in the graph at the start. The simple exercise of merging with a pool that has 10x the total mining capacity has made a huge difference to the variance of the mining rewards.

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