From: Gavin Andresen <gavinandresen@gmail•com>
To: Alex Mizrahi <alex.mizrahi@gmail•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Fwd: Block Size Increase Requirements
Date: Sun, 31 May 2015 10:54:10 -0400 [thread overview]
Message-ID: <CABsx9T2hfpts5y_M6PdDcxmq9Q2smesJ0Nmp9a9iyPD_MoPC9g@mail.gmail.com> (raw)
In-Reply-To: <CAE28kUT61qYxqV0mOqw5Dan=eMiCvnG2SnsAeWzOWTxwLydyeQ@mail.gmail.com>
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On Sun, May 31, 2015 at 9:45 AM, Alex Mizrahi <alex.mizrahi@gmail•com>
wrote:
>
>
>> That orphan rate increase will go to whoever is producing the 20MB
>> blocks, NOT you.
>>
>
> This depends on how miners are connected.
>
> E.g. suppose there are three miners, A and B have fast connectivity
> between then, and C has a slow network.
> Suppose that A miners a block and B receives it in 1 second. C receives it
> in 6 seconds.
> This means that blocks mined by C during these ~5 seconds will be orphaned
> because B gets A's block first.
>
Yes, if you are on a slow network then you are at a (slight) disadvantage.
So?
There are lots of equations that go into the "is mining profitable"
equation: cost of power, Internet cost and connectivity, cost of capital,
access to technology other miners don't have, inexpensive labor or rent,
inexpensive cooling, ability to use waste heat...
That's good. An equation with lots of variables has lots of different
maximum solutions, and that means better decentralization -- there is less
likely to be one perfect place or way to mine.
--
--
Gavin Andresen
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next prev parent reply other threads:[~2015-05-31 14:54 UTC|newest]
Thread overview: 73+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-05-07 22:02 [Bitcoin-development] " Matt Corallo
2015-05-07 23:24 ` Joseph Poon
2015-05-08 0:05 ` Peter Todd
2015-05-08 6:33 ` Arkady
2015-05-08 10:03 ` Mike Hearn
2015-05-08 16:37 ` Peter Todd
2015-05-08 19:47 ` Tier Nolan
2015-05-09 3:08 ` Peter Todd
2015-05-16 4:39 ` Stephen
2015-05-16 11:29 ` Tier Nolan
2015-05-16 11:25 ` Tier Nolan
2015-05-29 22:36 ` Gavin Andresen
2015-05-29 23:25 ` Matt Corallo
[not found] ` <CABsx9T3__mHZ_kseRg-w-x2=8v78QJLhe+BWPezv+hpbFCufpw@mail.gmail.com>
2015-05-30 19:32 ` Matt Corallo
2015-05-30 20:37 ` Gavin Andresen
2015-05-31 14:46 ` Jorge Timón
2015-05-31 14:49 ` Gavin Andresen
2015-05-31 14:59 ` Jorge Timón
2015-05-31 15:08 ` Gavin Andresen
2015-05-31 15:45 ` Jorge Timón
2015-05-29 23:42 ` Chun Wang
2015-05-30 13:57 ` Gavin Andresen
2015-05-30 14:08 ` Pindar Wong
2015-05-30 22:05 ` Alex Mizrahi
2015-05-30 23:16 ` Brian Hoffman
2015-05-31 0:13 ` Alex Mizrahi
2015-05-31 5:05 ` gb
[not found] ` <CAFzgq-z5WCznGhbOexS0XESNGAVauw45ewEV-1eMij7yDT61=Q@mail.gmail.com>
2015-05-31 1:31 ` [Bitcoin-development] Fwd: " Chun Wang
2015-05-31 2:20 ` Pindar Wong
2015-05-31 12:40 ` Gavin Andresen
2015-05-31 13:45 ` Alex Mizrahi
2015-05-31 14:54 ` Gavin Andresen [this message]
2015-05-31 22:55 ` Alex Mizrahi
2015-05-31 23:23 ` Ricardo Filipe
2015-05-31 23:40 ` Pindar Wong
2015-05-31 23:58 ` Ricardo Filipe
2015-06-01 0:03 ` Pindar Wong
2015-06-01 7:57 ` Alex Mizrahi
2015-06-01 10:13 ` Mike Hearn
2015-06-01 10:42 ` Pindar Wong
2015-06-01 11:26 ` Peter Todd
2015-06-01 12:19 ` Pindar Wong
2015-06-01 11:02 ` Chun Wang
2015-06-01 11:09 ` Pindar Wong
2015-06-01 11:20 ` Chun Wang
2015-06-01 13:59 ` Gavin Andresen
2015-06-01 14:08 ` Chun Wang
2015-06-01 15:33 ` Mike Hearn
2015-06-01 16:06 ` Ángel José Riesgo
2015-06-01 14:46 ` Oliver Egginger
2015-06-01 14:48 ` Chun Wang
2015-06-01 16:43 ` Yifu Guo
2015-06-01 20:01 ` Roy Badami
2015-06-01 20:15 ` Roy Badami
2015-06-01 13:21 ` Mike Hearn
2015-06-01 12:29 ` Warren Togami Jr.
2015-06-01 13:15 ` Gavin Andresen
2015-05-31 12:52 ` Gavin Andresen
2015-05-31 13:31 ` [Bitcoin-development] [Bulk] " gb
2015-05-31 19:49 ` Gavin Andresen
2015-05-31 14:17 ` [Bitcoin-development] " Dave Hudson
2015-05-31 14:34 ` Yifu Guo
2015-05-31 14:47 ` Gavin Andresen
2015-05-31 7:05 ` [Bitcoin-development] " Peter Todd
2015-05-31 12:51 ` Gavin Andresen
2015-06-01 11:12 [Bitcoin-development] Fwd: " Thy Shizzle
2015-06-01 13:06 Thy Shizzle
2015-06-01 18:19 ` Warren Togami Jr.
2015-06-01 18:30 ` Mike Hearn
2015-06-01 18:44 ` Adam Back
2015-06-01 19:23 ` Btc Drak
2015-06-01 21:32 Thy Shizzle
2015-06-01 22:13 ` Pindar Wong
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