Unfortunately there is not much we can do about clevermining, even with the new algorithm, they are still going to be dominating NLG in the near future, there is no simple solution for this. Unfortunately what i have noticed is that more and more miners are concentrated on making only profit, instead of supporting a new coin like Guldencoin. The same example is with cloud-mining, almost all of them offer only to mine BTC or LTC. The more successful NLG will be, the more sharks will start to appear. Fortunately the new algorithm will brig stability to the Network, but with the hashrate clevermining is putting on NLG, most of the coins will still be "stolen" for what they are not meant for. NLG is a currency for the Dutch, not for foreign speculation and dumping, what happens is the Netherlands stays in the Netherlands. We have many foreign community members supporting the coin because they see the potential of the coin in this country, and not for making a quick profit. I am against IP banning because it brings centralization, but if this keeps going on, allot of the NLG will be eaten up by clevermining and never to be seen again in the Netherlands. I am against the idea of changing the Algorithm to a CPU only one, because mining is to difficult for most people, just forget the idea that people will mine with their CPU, IS IS NOT GOING TO HAPPEN!. I have said it in the past, but the best way to beat fire, is with fire. i have heard that there are community members that rent hashing power to keep the hashes up against clevermining, unfortunately they cannot keep this up, the only way to stop this is to decimate clevermining with hashing power( fire with fire). Why not instead of spending all these Bitcoins on renting hashrate, which is a temporary fix, start our own NLG cloud-ming!!. We have done crowdfunding in the past, why not again for this?, this will be a lasting solution to kick clevermining in the nuts!. One very important thing to realize here is that clevermining will not the the last one to turn hashrate at NLG, every day that passes by, and NLG gets more popular, it's just a matter of time before other mining company's start to behave like clevermining towards NLG, and then what!?,The community does not have the funding to combat it when this happens!, why not kill the seed before it gets the chance to grow!. Most foreign people are not going to buy stuff with NLG in the Netherlands!, they are going to sell them for BTC and then buy some stuff with it in the US for example, or sell the NLG for euro, we cannot let the NLG fall into the hands of foreign people before they fall into the hands of the Dutch, that's why a Dutch cloud-mining service for Dutch only is essential to keep most of the coins in this country. Or else they are going to sell our coin to us for stupid high prices and laughing their buts off, it will be like China printing euros and selling them to Europe.
A few points:
I completely agree with no CPU mining. It's a silly idea that I've bitten my tongue trying not to comment on. I'll leave it at that.
I agree that people can't keep spending the money to mine NLG. So why is cloud-mining a solution to that problem? Essentially they're still spending money to mine NLG, right? I like the idea, but it's 6 of one half-dozen of another.
IP banning multi-pools is not centralizing. Multi-pools are centralizing. Clever is definitely centralizing this coin. IMO, the IP ban and subsequent algorithm change is the only way to combat this cancer. You know how many coins I've mined in the last 2 years that have been targeted by multi-pools? Enough that I can't count them. The one thing in common with all the coins is the fact that people absolutely hated what the multi-pools did to the coins. Why not use that to our advantage as a selling point. "We actively monitor the network and make sure that multi-pools don't have a place on our chain". You know how many people would get behind that just because they hate multi-pools?
IP banning Clever isn't centralizing NLG. It's ridding NLG of the cancer that has plagued us for months now. I don't know if anyone keeps track, but clever has mined 33,813,063 NLG to date.
All of that was insta-sold.
-Fuse