I'm kind of new to crypto, but i have a question.
I know that mining cartels are a huge problem, so much so that regular people can't mine anymore.
I was wondering why can't they introduce some kind of limit of how much work one node can do per hour? Wouldn't that massively aid the problem?
I'm no programmer, so I'd really appreciate hearing thoughts about what solutions people are coming up with to solve this problem. Is it unsolvable??
The reason why this problem arises is because of the program or code that is being used by bitcoin. To solve this kind of problem we have to modify or to make changes on the code on which is very troublesome since we need to have a consensus and we will be calling all bitcoin miners and holders including exchanges and others to approve such proposal. But during the consensus conflicting ideas occurred and cause a split among the community.