Can a new coin algorithm do that? | Bitcointalksearch.org

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: RentGPU on January 13, 2017, 08:26:21 PM

Is there a way to limit the speed for each wallet and do some other limits all at the same time to make it hard for megaminers?

No, everything has to be open source which means the limit can be easily disabled.

But even for closed source (which would never work) you can just run the wallet multiple times.

RentGPU

sr. member

Activity: 661

Merit: 258

Is there a way to limit the speed for each wallet and do some other limits all at the same time to make it hard for megaminers?

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: RentGPU on January 13, 2017, 08:18:27 PM

Why there is not an algo. That permits any miner from using more than one gpu or two or whatever the minimum is so keep out the mining centralized companies and give this mining profits to large number of normal decentralized users and so mining profits will be divided fairly on all network hashers .
No one with big investing will come and kill those miners with huge difficulty and take all the profits leaving them with little cents...just thinking

Because you can't limit how many cards people can mine with regardless of the algo.

Even if you'd make a closed source miner that only allows one GPU to mine with, people can easily bypass that limit in various ways, for example using sandboxes or virtual machines. And it would be closed source so...

RentGPU

sr. member

Activity: 661

Merit: 258

Why there is not an algo. That permits any miner from using more than one gpu or two or whatever the minimum is so keep out the mining centralized companies and give this mining profits to large number of normal decentralized users and so mining profits will be divided fairly on all network hashers .
No one with big investing will come and kill those miners with huge difficulty and take all the profits leaving them with little cents...just thinking

Topic: Can a new coin algorithm do that? (Read 294 times)