Quote from: Anarc Senior on January 15, 2018, 12:40:16 AM

Quote from: veleten on January 12, 2018, 08:39:03 AM

so many misconceptions about bitcoin and blockchain in one topic (for TS)
you can own the goods but not the tools,so there is no need to own a miner if you have bitcoins
10 bitcoins is more than 130.000$ at current prices,do you think every single holder bothers with mining?
as it has been mentioned above,the number of miners and the increased difficulty doesn't solve the uncofirmed backlog

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if you have bitcoins
10 bitcoins is more than 130.000$ at current prices,do you think every single holder bothers with mining?

It's actually exactly my point, currently they don't and they should !

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so many misconceptions about bitcoin and blockchain in one topic

My simple point is to decentralized the mining pool - the simple fact is that if there are more private miners, the lesser mining groups will control bitcoin blockchain. It's happening now, miners are pick and choose which tx are worth while for them to mine...and yes, I'm talking about people whose has larger investment are at stake - and they better do something to protect their investment