Post
Topic
Board Announcements (Altcoins)
Re: [ANN]🚀🚀🚀Merit🚀🚀🚀[Proof-of-Growth][PoW][Vaults][Aliases][Escrow][No ICO]
by
moooner
on 07/09/2018, 19:15:20 UTC
I have another question regarding Growth Mining. Couldn't a handful of people working very efficiently end up causing a sort of  growth mining centralization?

Proof of Growth allows for people to be rewarded based on their community growth score. The 50% of the mining rewards gets randomly distributed in a form of a lottery every single block. Lets say someone has multiple accounts with large communities, they might get a high chance of winning the lottery, they never get 100% of the rewards.

Also invites are distributed randomly in a variety of ways as well.

So to answer your question, yes those with a big community may have a higher chance of rewards, but it will be extremely difficult -especially as the Merit network continues to grow the growth rewards get distributed across more wallet, limiting the return for any bad actors.

I hope that helps.

KAMO saves the day once again lol. Thanks!

Are there any communities of growth miners now? I assume they would split the lottery if they worked together?

Some pools do. Communities of real miners sharing PoG rewards dunno but groups of friends are confirmed there, hope they share what they get Tongue