If you treat all your small delta trips as one trip
and want to determine its average or typical speed, you should use method 1.
If you treat each delta as a separate trip and want to determine an average or typical speed of a trip, you should use method 2.
If all your deltas are the same, the results will be the same as well. Otherwise, the results would be different.
For instance, if one of your deltas is much longer than other deltas and the speed in that interval happens to be zero, the average speed of your whole trip calculated by method 1 would be low, fairly reflecting the situation. If, on the other hand, you use method 2, the contribution of the long zero speed delta won't be properly weighted and the average speed of the whole trip would be exaggerated.