Post
Topic
Board Mining (Altcoins)
Re: Mangocoinz. Mining with your smartphone! Fun! Easy!
by
rabbiter
on 03/10/2014, 04:40:23 UTC
This kind of even distribution basically ends up helping people being whales who can overcome the limitation. By having no value I meant that it's not listed on any exchanges.


Unfair distribution is all about limited access. Anyone can download an app, anyone can ask a friend to download an app, the problem with unfair mining is you need a lot of expertise and money outlay to mine big and be a whale.


This gives access to anyone with a phone. This is about true fairness ie the mainstream, selfish miners on here shouldn't apply.


The only way I can see to game the system is have loads of phones going around in a tumble dryer or loads in a backpack. I know some have already done this but it still takes some human effort. I've bought some of guys doing this, fair play to them. I prefer this to some nerdy twat with a massive Mining computer in his parents basement