In terms of chance and probability, let’s say there’s a one in 5 million chance that a person buys a lottery ticket and wins a million dollars.
Statistically speaking, how long would someone have to mine using an Intel 13th generation i9 until they successfully mined a block?
Statistically speaking, the chance of successfully mining a block with an Intel 13th generation i9 would depend on various factors such as network difficulty, hash rate, and mining pool participation. It’s akin to a lottery, with odds shifting constantly. Estimating precisely is difficult, but typically, it could take a significant amount of time, possibly months to years, to mine a block solo. Joining a mining pool can increase chances, but rewards would be shared.