Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
seanrarey
on 04/11/2013, 21:05:02 UTC

"large mining pools are a threat to the system.

"Miners should therefore break off from large pools until no pool exceeds the threshold size, and so no pool can benefit from the Selfish-Mine strategy," Eyal and Sirer wrote."

Sound familiar guys?

Those of us using 28nm technology are at the forefront in mining right now.  What we do can surely affect the future of the currency.  We are powerful, and the powerful should exercise wisdom when using their power.  This applies to mining.

In a former post I was criticized for my warnings.  I am not sure why anyone would want to make their investment worthless by doing something to harm the ecosystem they are mining in... potentiality making their miner worthless if the system fails.  Some posted that it "should fail" if it cannot withstand ignorance and greed.

I do not agree.  I have power.  You have power.  I again ask those that want to be a positive, balancing force against the threat of consolidation to get out of the big pools that are becoming a threat to our future income and join me in smaller, diversified pools to make our network stronger; more resistant to this kind of attack, and viable for long-term profit.