I meant expected value of their each player's reward when the next block is found (whenever that is, and regardless of who found it)
The expected rewards over T minutes I think is a bit of a harder question and probably requires modeling a poisson distribution, and is additionally complicated by the fact that players can change strategies dynamically. My hope is to build up to a fuller specification of a model iteratively through multiple of these small problems.
I meant expected value of their each player's reward when the next block is found (whenever that is, and regardless of who found it)
The expected rewards over T minutes I think is a bit of a harder question and probably requires modeling a poisson distribution, and is additionally complicated by the fact that players can change strategies dynamically. My hope is to build up to a fuller specification of a model iteratively through multiple of these small problems.