Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
aminorex
on 31/03/2014, 22:17:52 UTC
Mining isn't producing a unique work. It is providing a repetitive service that is scripted by the network. The litmus test is that the network is the manager, not the miner. The network sets the difficulty, the protocol, etc..

A network cannot manage anyone.  Management flows in the opposite direction.  Mining a block produces a novel work.