While I claim to be completely ignorant about the inter workings of BitCoin, I have been in software development for 35 years. With all of this discussion about "bad actors", isn't there a way a pool operator can test a miner's hardware/software by sending a "test" packet with a known result? The miner wouldn't know when a test could take place, the pool operator could send one whenever he/she wanted. This would be along the lines of a random "drug test" used by sport teams. The pool operator could use this type of test to identify potential "bad actors" and track how many tests fail over a given period of time or number of tests. I know that miners with multiple hardware miners can mine under a single miner name, the pool operator can send a number of tests in proportion to the hashing power of the miner. While this isn't 100% fool proof, I think it would be a good starting point. If a pool operator advertises that this type of testing takes place on the pool, it might be enough to scare away the "bad actors", just like putting a sign in front of a house stating that the house is protected by an alarm.
Just my 2 cents....
This concept has also been proposed / discussed... and I totally agree, but apparently you do need to modify some software, and it shouldn't be a one-time thing, but a periodic check (like drug testing).
well hopefully it gets past the talking stages. As a 5-10k in gear in-house max and a 4k-5k watt max miner. for me I can only spread stuff out between pools.
I may go more towards grid seed blades since soloing mining script coins is easier the do ing btc.
I estimate that I can solo mine ltc and get 1 block a week in-house [edit ]
if I jump my blades up to 16 of them. .
There is no way I can ever do this with btc.
I would need 20 sp30's and that is 40k watts with 120th hash power.
cost maybe a discount and 80k not 100k .
while 16 gridseed blades= 8k hash at 80mh pull 1300 watts make a block of ltc in about 1 week