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What Is the ‘Law of Large Numbers’ and How Does It Apply to Mining Pool Luck?

The law of large numbers states that as the number of trials (block discovery attempts) increases, the actual average outcome will converge toward the expected statistical average. In mining, this means a pool's 'luck' percentage will trend toward 100% over a very long period, ensuring that the pool's actual block discovery rate eventually matches its expected rate.

How Does the Concept of “Market Structure” Apply to Identifying Trends in Crypto Assets?
How Can a Miner Estimate the Expected Variance in Their PPLNS Earnings?
How Does a Pool’s Luck Factor Influence the PPLNS Payout Model?
Does a Larger Mining Pool Generally Experience Lower Block Discovery Variance?