Can't developers start to make coins which limit the amount of total hashrates?

acaciosc

full member

Activity: 325

Merit: 100

Quote from: armedmilitia on December 30, 2014, 12:11:40 AM

Quote from: acaciosc on December 29, 2014, 09:55:55 PM

Quote from: goosoodude on December 29, 2014, 09:48:31 AM

Quote from: BTCish on December 29, 2014, 08:40:19 AM

This is interesting concept. It should be possible to limit hashrate to individual miner too.

Then they will set up multiple miners.
The concept is dead, it cant work.

I didn't understand. Couldn't be possible to put limits to multiple miners as well? Maybe a coin which accepts to be mined only through a specific pool and is unable to be mined in solo mode?

Yeah, that's really not how this whole thing works... That's not how mining pools work... Hell, I'm not even sure I know what you're talking about, I can't even begin to address it.

Hmm, nevermind. This is a nonsense question anyway. Cheesy

acaciosc

full member

Activity: 325

Merit: 100

Quote from: seriouscoin on December 29, 2014, 11:50:15 PM

Stupidest shit i've heard. Seriously some fckers on here are either smart or dumb. Sigh....

And some are happy and nice people, while others are both unhappy and rude. Wink

armedmilitia

hero member

Activity: 562

Merit: 506

We're going to need a bigger heatsink.

Quote from: acaciosc on December 29, 2014, 09:55:55 PM

Quote from: goosoodude on December 29, 2014, 09:48:31 AM

Quote from: BTCish on December 29, 2014, 08:40:19 AM

This is interesting concept. It should be possible to limit hashrate to individual miner too.

Then they will set up multiple miners.
The concept is dead, it cant work.

I didn't understand. Couldn't be possible to put limits to multiple miners as well? Maybe a coin which accepts to be mined only through a specific pool and is unable to be mined in solo mode?

Yeah, that's really not how this whole thing works... That's not how mining pools work... Hell, I'm not even sure I know what you're talking about, I can't even begin to address it.

seriouscoin

hero member

Activity: 658

Merit: 500

Stupidest shit i've heard. Seriously some fckers on here are either smart or dumb. Sigh....

acaciosc

full member

Activity: 325

Merit: 100

Quote from: goosoodude on December 29, 2014, 09:48:31 AM

Quote from: BTCish on December 29, 2014, 08:40:19 AM

This is interesting concept. It should be possible to limit hashrate to individual miner too.

Then they will set up multiple miners.
The concept is dead, it cant work.

I didn't understand. Couldn't be possible to put limits to multiple miners as well? Maybe a coin which accepts to be mined only through a specific pool and is unable to be mined in solo mode?

goosoodude

hero member

Activity: 584

Merit: 500

Quote from: BTCish on December 29, 2014, 08:40:19 AM

This is interesting concept. It should be possible to limit hashrate to individual miner too.

Then they will set up multiple miners.
The concept is dead, it cant work.

BTCish

full member

Activity: 182

Merit: 100

This is interesting concept. It should be possible to limit hashrate to individual miner too.

desertfox470

sr. member

Activity: 542

Merit: 251

I think that coin would be dead pretty fast. Once the hash rate hits the max how will other miners mine. People would loose interest because wales could be formed pretty easily.

goosoodude

hero member

Activity: 584

Merit: 500

I dont see any way by which it will work. It can be made a non-linear response of hash power and difficulty, but then someone will set up multiple miners.

acaciosc

full member

Activity: 325

Merit: 100

Hmm, so the total hashrate in a specific coin can't in any way be limited, even if the developers wished?

ezeminer

legendary

Activity: 2184

Merit: 1118

Lie down. Have a cookie

If one person owned the total hashrate on a coin then they would be able to make fake coins if they so pleased, anyways it is meant to be a competition to create continued growth of the network and coin.

acaciosc

full member

Activity: 325

Merit: 100

If a reduced profitability is related to a constant increase in difficulty, can't developers just make coins which limit the amount of total hashrates allowed to mine in their coins? So more forks could be made, allowing any person to earn big profits for a long time before it becomes unprofitable, between numerous coins?

Topic: Can't developers start to make coins which limit the amount of total hashrates? (Read 1329 times)