When a miner finds a block, every millisecond it takes to reach other miners matters. A miner who hears about a new block late is wasting hashrate mining on a stale tip. This creates orphan blocks, which represent lost revenue. The economics are simple: miners with better network connectivity have a structural advantage.
Without Fast Relay
Block propagation takes seconds via the regular P2P network. TCP handshakes, serialization overhead, and geographic distance add up. Miners far from the block source waste hashrate on stale work. Orphan rate increases with distance.
With FIBRE
Block data reaches the other side of the planet in tens of milliseconds — approaching the speed-of-light bound in fiber optic cable. The latency advantage of large, well-connected pools is dramatically reduced. Geographic location matters far less.
The orphan rate equation is straightforward: if a block takes 5 seconds to propagate and blocks arrive every 600 seconds on average, roughly 0.83% of all mining work is wasted on stale blocks. Reduce propagation to 50ms and that drops to 0.008%. That difference directly impacts which miners remain profitable and which are squeezed out.