damn, yah got me there.
So what would happen if your multipool only switched to coins that had more hashpower than multipool itself? I'm surprised someone who has spent so much of their time on cryptocurrency, and presumably has or is making a bit of profit from it (either mining or building tech for it like you have) would be so arrogant and care so little for the negative impact they have on it (regardless of what you may think of individual coins, this one or others).
what's the impact exactly? Besides you not getting the profits you want? How about you don't list your coin on an exchange until it has a reasonable network hashrate?
ooohhhhh, I think I see the problem.
it is you who are after profits and care not what you destory for a quick few cents
Please tell me what I'm destroying.
1) Not my coin
But you
are a competing pool owner who wishes his pool could mine thru those blocks in 2 hours like it could before when diff was low and keep all the coins.
2) What impact? Seriously? Have you read any of the posts from other people here?
3) Do you see the problem? Please share. Me running pools only has the same impact as you have on miners of the coin.
I see that people are pissed. That does not equal the coin is being destroyed.
Imagine for a moment someone had done this in the early days of LTC. And those mining LTC on a constant basis had to consistently deal with 5000% network increases during every low diff period, then slog through the higher diff with a fraction of the hashrate. (assume LTC had a reasonable diff retarget like most new coins do now, including ARG, and wouldn't have gotten stuck at an impossible high diff, which it would have). Would it ever have gained the traction it has? Would it be at $2.50+ right now?
(note: I'm in no way trying to compare ARG to LTC in terms of merit, value, whatever. Just examples)
It's a different world now. As I said, someone with ~20-25 7970's can easily 51% your coin whenever they want to. Adapt or die.
Your only real defense seems to be "well if the coin is any good it would easily be able to overcome this", but thats BS. Even now many argue if LTC actually has any real utility or whether it should be where it is. Would it really be where it is if someone was diff raping it at every chance possible during its early days?
My defense is that I am working within the parameters your coin devs have laid out in the code. If you don't like it, have them change the code. I agree that it's borderline exploitative, however, since there is no *real* commerce or any kind of important service relying on this coin (that I have been made aware of, please tell me if there is a hospital ER somewhere that is paying its heart monitor maintenance fees or something with this coin. lol.)
The only
real impact is that you and a handful of other suckers who have been snookered into thinking this coin is the best thing since sliced bread get less of it for your hash power. And maybe some people depositing and withdrawing it from a few shitty gambling sites have to wait an extra 15 minutes for their transactions to confirm.
Meanwhile, I am raising awareness of your coin and putting it into the hands of hundreds more people who otherwise would never have heard of it, and might not dump it immediately if you give them a reason not to.To be clear: The coin is public now. You are not any more entitled to mining profits than anyone else. If you don't want my pool mining them, take the coin off exchanges, take the source private and only give it out to the people you like.