Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
smooth
on 01/10/2014, 03:03:45 UTC
What I'm suggesting basically means the same hardware will yield the same profit whether it's used for mining now or 10 years from now, because every contributed hash will always have the same return over time (CPU mineable forever?). I'm guessing this would also reduce the profit incentive for special hardware manufacturing.

I don't get it. How does manufacturing an ASIC that hashes 1000x more efficiently than a CPU not have a high profit incentive if rewards are tied to hashes?