Post
Topic
Board Bitcoin Discussion
Re: ToominCoin aka "Bitcoin_Classic" #R3KT
by
beastmodeBiscuitGravy
on 28/05/2016, 18:29:31 UTC

miners are sufficiently smart to recognize that they don't want to be part of a mining poole that acts so recklessly and takes stupid and unjustifiable positions.


You write as though you are under the impression that more than 10% of Antpool's hash rate isn't owned by a single business.

What one miner decides is what 90+% of Antpool's mining power will do.  And I'd bet on 90% of the stuff he DOESN'T own just sucking along for the ride.

You're quoting someone who thinks "protecting" an ill-defined "non-mining node decentralization" is worth capping the potential growth of Bitcoin... while keeping ALL of his coins on a centralized exchange. The man's an enigma.

The more cunning of the Blockstream apologists advocate making BTC less competitive to encourage price appreciation in altcoins like Monero. JJG doesn't own any. A mystery wrapped in an enigma.