Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
Come-from-Beyond
on 15/01/2016, 21:57:28 UTC
As I explained upthread, moving between pools doesn't necessarily enable decentralization, because marginal cost of mining will dictate that miners MUST seek out a pool with significant portion of the system PoW hashrate, otherwise the miner will be unprofitable. For the professional miners not at the margins of profitability, they are already centralization.

Well, I don't have numbers on profitability of mining, will stop this dispute.