Quote from: Mastermine on June 30, 2014, 07:13:45 PM

Quote from: DRPD on June 30, 2014, 06:42:32 PM

Quote from: judgecrypto on June 30, 2014, 06:20:39 PM

Quote from: jc12345 on June 30, 2014, 06:13:11 PM

Quote from: Hesiod on June 30, 2014, 06:06:56 PM

Also just a thought, but if limiting the hashrate spreads among new coins, a captcha should be required to create a mining account on the hashrate-limiting pools, otherwise large farms will just automatize the creations of lots of accounts xD

At least it will make life difficult for a 800MHz farm or a 3GHz farm that I have seen around.

But let Judgecrypto be the judge of what is fair in his eyes, depending on what Judge Coin stands for - on the one hand fairness and on the other allowing the hash raping of coins to continue.

Ouch JC :p You make the raping of coins sound like the oppression of women ... lets have a difference of opinions... lets not get melodramatic.

well i understand your points. but think about the small miner with no or only little money with your disti model:
launch -> multipools and massive hashrenter starts mining the coin -> diff goes to the moon in hours -> small miner quits cuz diff is to high.

i think the conventional distribution model is always resulting to the formula: rich get richer, poor stays poor

i think minerals was the only coin in a long time where the small miner was able to gain some money too.
I do not speak for me i allways have some btc left to rent or buy coins but the whole system is not right in my opinion.

thats a currency flaw not a judgecoin flaw Tongue

. This will always be the case. You cant expect a single gpu to make more then 2 or 3 gpu. just doesnt work that way. Same with gold or any other mineable actual objects. Its not like I can go mine enough gold to make money without having millions to invest in the proper equipment first. Any business or investment or opportunity is going to cost money. >>>Money is the root of all evil<<< The design flaw in money is that the rich will always get richer and the poor will always stay poor (Asside from a lucky few).

Regulating hashrate is impossible as users will just make multiple workers or multiple accounts.. or just make there own pool. in reality though something that limitates miners is going to force them away causing lower rates and lower difficulty meaning lower value.

So really theres no way to regulate hashrate. there never will be. Theres no way to regulate mining so poor people get more its not just possible. Trust me I wish it were I am no whale I literally only have the cryptocurrency I own from mining and thats it (0 dollars I am BROKE DICK POOR today Tongue

). I have accumulated 3 gpu from mining that turned into horrible investments that no longer pay the power bill Sad

.

We all wish for something like this to happen but its just not possible. All we can do is make smart decisions and avoid loose pockets. If judgecoin can avoid loose pockets and gain true supporters theres no reaon even the small guy cant earn a nice chunk. Just hope this gets to be the case

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nope minerals has shown otherwise. i agree the system is far from perfect but it is a start or at least a trial
the one with 4 gpu's will allways make more money as the one with 2 gpu's but thats not the point if you read my post correctly