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Topic: Selfless Miner Experiment (Read 441 times)

sr. member
Activity: 392
Merit: 250
March 26, 2014, 07:37:35 PM
#1
I am trying to get an experiment going with ZEIT, a PoW/PoS coin

the goal is to observe market impact of maintaining low profitability with a high network hashrate of selfless miners

the hypothesized affects:
-miners who mine for immediate profit will be weeded out
-coins will be more distributed
-subjective minimum sell value will rise
-market input rate will drop


Does selflessness and cooperation lead to more overall profit then self-interest short term profit maximization?



link to ZEIT thread

https://bitcointalksearch.org/topic/m.5922403
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