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?
1 Answer
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– MCCCSOct 31, 2021 at 15:05