Post
Topic
Board Development & Technical Discussion
Re: Anyone whose own some fair amount of bitcoins should also own a mining machine
by
Spendulus
on 14/01/2018, 06:54:37 UTC
First of all. I meant that China's government could be considered one collective miner. It was merely a point to show how much their government has subsidized mining with cheap electricity prices. I had no intention of saying that any individual was the same as any other. I am sorry if I was miss understood.

My point about more nodes was not about how many transactions were in a single block, but rather how many transactions the network could support before they started dropping.

I definitely did not say that Miners are not important or should not be incentivized..I am merely saying that full nodes are just as important, and should be incentivized as well.



Where and when electric heat is needed or useful, there is no cost for mining.