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Topic: MagicHash - Group Based SOLO Mining - - page 2. (Read 315 times)

hero member
Activity: 504
Merit: 1065
Crypto Swap Exchange
September 16, 2023, 02:51:15 AM
#2
It's an interesting idea! It does mean that you have to own ETH, though, I could imagine some BTC maxis not happy!  Grin

May I ask why you're going on this project? Is it for the "beauty of art"? 
I don't really understand why you're going through a smart contract rather than the traditional route, like with Willi for example...
Doesn't this potentially add security risks to the funds ? What does this smart contract offer that the traditional way doesn't ?  At the end this is always the owner of the contract which distribute the funds if a block is found, so trust is still always needed.

In any case, I think it's very interesting in principle.

Quote
If the idea works and people like the idea I will create a front end for it and a nice dashboard to show the rounds in progress and round status
and mining status when a round begins.

Nice idea. I think that a lot of people would really like something like this.
hero member
Activity: 1194
Merit: 573
OGRaccoon
September 15, 2023, 08:48:57 PM
#1
GROUP CLOSED.


No interest in the project.
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