# On Profitability of Trailing Mining

arXiv: https://arxiv.org/abs/1811.09322 · HTML: https://mlsanity.com/paper/1811.09322/

## Key facts

- Cited by 1 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 22 Nov 2018.

## Built on by (most cited first, 1 of 1)

- [Performance Evaluation, Optimization and Dynamic Decision in Blockchain Systems: A Recent Overview](https://mlsanity.com/paper/2211.15907/) (2022)

## Abstract (arXiv)

We compute the revenue ratio of the Trail Stubborn mining strategy in the Bitcoin network and compare its profitability to other block-withholding strategies. We use for this martingale techniques and a classical analysis of the hiker problem. In this strategy the attacker could find himself mining in a shorter fork, but we prove that for some parameter values it is still profitable to not give up. This confirms previous numerical studies.