Re: Bitminter bitcoin mining pool - Pays TxFees, Merged Mining, Fair PPLNS rewards
With Spondoolies selling 110TH/s machines that consume 0.15W per GH/s only to large players, I really do not see how small miners are going to survive at all. We are now dividing up about a block a day amongst us all. If a minimum order is 15-20 machines (like the rumors say), each person that buys into Spons will be adding 1.7-2.2 PH/s all by themselves. At some point the amount you receive gets so insignificant that you do not care. I find it all kind of depressing.
I think Spondoolies is undermining the decentralisation aspect of BTC with this technology at this time under these terms. Or am I to conservative? As their customer I let my opinion be known to them. Anyway, in the very near future mining will only be for very big players I guess.
For me (14TH/s) I give it only 1 year of mining at most. ( And I hope some luck will return to our pool
)Maby Ethereum is an alternative for those who are becoming to small for BTC. If you still have some graphic cards left.
Ethereum is tested right now and has some promising features.