Not true at all. Because there is another block that follows. This isn't a winner take all event. If I was the only miner on the network, my odds of getting the bext block are obviously 100%. But the odds of that block being mined in my lifetime, if only using a RaspPi, are essentially zero.
The difficultly at the moment is is the difficultly and everyone is competing against that. Not against each other.
Wrong, the odds is closer to 1 in 1500000 years to mine 1 block ๐
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Hence "essentially zero."
It's technically not zero, but it might as well be.
Depends on how much hash you are contributing.
