Bitcoin Forum

Hi,

Is there a currency where the mining is like a pool for everyone?  Not only the lucky to mine it, like most, if not all coin now?


Thanks

The proof of work scheme used by crypto coins plays a viable part for the very existance of the currencies. So i don't think that there can be something like everyone gets the same portion of coins for as long as they run a node for example. If this is what you are thinking.

 There are some PoS currencies with more affordable mining without hardware requirements.  But there are many problems with them...

Value is determined by supply and demand. Something that you desire and which is difficult to acquire.

If something is extremely east to acquire, such as "everyone continuously receives a share that makes all holdings equal", then it has no value.  If it has no value, then why would you want it?

If you are talking about ppc for example then pos plays a minor role in the currency atm. It just has the potential to replace pow sometime in the future.

If you get something for free, you dont value it at all, so it would be not ideal

I know if everything is easy, free, then it have no value.  
What I had in mind, is there a currency with only 1 pool and no solo.  Mining share should still be based on hashrate.

I think that currency will have better chance to survive over the years (when mining slow, but still need to process all the transactions).  Also it will be something new, compare with all the newer currency that are all based on the same.

No, but most miners mine at pools so they get small fractions of Bitcoin everyday

With the ASIC hardware coming out next year, is it far fetch to think 1 pool of the biggest players and close to everyone else, will mine all the BTC?  Or multiple pools of hardcore, but close to the average user.

If this happen, people will switch to another currency, where this will never happen, where there is no pool monopoly.