51% Throttling
Since ether can theoretically be mined via CPU, GPU, HHD, and participating in a WMN, would it be a good idea to limit one way of mining to let say, 50 percent? For example, CPU generated ether cannot exceed 50 percent of the total ether in the network at the time it is mined. Ether generated by CPU will be throttled accordingly as it reaches 50% of the total supply of ether and all other ways of mining will be increased accordingly. This of course would mean that there must be a way to distinguish ether that is mined with CPU, GPU, and all others.
The idea behind 51% throttling is to make it difficult for a single organization to dominate the ether mining game. Additionally, there are a few other benefits from throttling. Throttling will encourage innovation in all forms technologies used for mining. For instance, if most of the ether is mined with CPUs and least of which is mined with HHDs and SSDs, the mining algorithm can (1) take ether mined with CPU and give it to people who are mining with HHDs or (2) lower the reward of ether to CPU miners and increase the reward to HHD miners. As a result, for the time being, more people will start to mine with SSDs and more people will buy SSDs, which will cause SSDs to become faster, higher capacity and cheaper. Every form of technology used for mining ether will go through this continuous cycle of mining and technological improvement.
Since ether can theoretically be mined via CPU, GPU, HHD, and participating in a WMN, would it be a good idea to limit one way of mining to let say, 50 percent? For example, CPU generated ether cannot exceed 50 percent of the total ether in the network at the time it is mined. Ether generated by CPU will be throttled accordingly as it reaches 50% of the total supply of ether and all other ways of mining will be increased accordingly. This of course would mean that there must be a way to distinguish ether that is mined with CPU, GPU, and all others.
The idea behind 51% throttling is to make it difficult for a single organization to dominate the ether mining game. Additionally, there are a few other benefits from throttling. Throttling will encourage innovation in all forms technologies used for mining. For instance, if most of the ether is mined with CPUs and least of which is mined with HHDs and SSDs, the mining algorithm can (1) take ether mined with CPU and give it to people who are mining with HHDs or (2) lower the reward of ether to CPU miners and increase the reward to HHD miners. As a result, for the time being, more people will start to mine with SSDs and more people will buy SSDs, which will cause SSDs to become faster, higher capacity and cheaper. Every form of technology used for mining ether will go through this continuous cycle of mining and technological improvement.
The boldened portion is technically not possible unless the miner voluntarily declares it
