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I would like to calculate profitability of various mining strategies. For that, i need to simulate many random mining intervals, that reflect probabilistic distribution of real block mining. What would be such formula that could use random number generator?

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Block arrival times follow the Poisson Distribution with λ = 10 minutes. See this SO question on how to do it in pure python

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  • ...given constant network hashrate and that no one keeps their blocks to themselves
    – MCCCS
    Oct 31 at 15:05

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