The statistical variance in a mining pool's actual block discovery rate versus expected rate. A pool is 'lucky' when it finds more blocks than expected and 'unlucky' when it finds fewer.
The statistical variance in a mining pool's actual block discovery rate versus expected rate.
A pool is 'lucky' when it finds more blocks than expected and 'unlucky' when it finds fewer.
This mining concept is essential for understanding how proof-of-work blockchains secure transactions and create new coins. Important for miners evaluating profitability and hardware decisions.