Understanding Waiting Times Between Events in a Poisson Process

A similar model applies to analyzing Bitcoin blocks. The &quot;event&quot; in this case is a block that is at its maximum capacity: <a href="https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;Bitcoin&#x2F;comments&#x2F;38zww2&#x2F;tom_harding_block_size_experiment_underway&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.reddit.com&#x2F;r&#x2F;Bitcoin&#x2F;comments&#x2F;38zww2&#x2F;tom_harding...</a>

I am nervous he should first very from his server logs these visits are indeed described by a Poisson process (which is very likely the case).