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Title: Miners' strike! Post by: GiGa# on December 19, 2014, 09:48:22 AM Bots and traders have hammered the price of bitcoin in 2014. Enough is enough!
What if miners all around the world would unite and decide to strike all at once? No more mining of bitcoin until the price goes back to decent profitability levels? The network would stall for about 10 days - granted. But, the message would go load and clear to those "Wall Street" traders... respect the producers of bitcoin! Title: Re: Miners' strike! Post by: digicoinuser on December 19, 2014, 09:51:19 AM Eh, what?
Why do you think it would rise if the mining was to stop? Title: Re: Miners' strike! Post by: vortexz on December 19, 2014, 10:04:31 AM Ok I have a better ideea
Everyone stop hashing and let me be the only hasher ! I will make some nice coins for myself hahaha Title: Re: Miners' strike! Post by: K210 on December 19, 2014, 10:23:33 AM heres a better idea - how bout everyone stop mining for a day and let me mine all day, solo mining starting to look very profitable ;D
Title: Re: Miners' strike! Post by: mavericklm on December 19, 2014, 10:29:26 AM what ??? ??? ??? ??? ??? ??? ??? ???
:o :o :o :o :o :o :o :o :o :o Title: Re: Miners' strike! Post by: -ck on December 19, 2014, 10:31:55 AM heres a better idea - how bout everyone stop mining for a day and let me mine all day, solo mining starting to look very profitable ;D You still wont find a block any easier, as the diff is still fucking high...Title: Re: Miners' strike! Post by: mavericklm on December 19, 2014, 11:01:05 AM he will only get a lot of transactions fee's?
Title: Re: Miners' strike! Post by: Dexter770221 on December 19, 2014, 01:17:52 PM he will only get a lot of transactions fee's? Only if he finds a block. And that maybe difficult without petahashes...Title: Re: Miners' strike! Post by: mavericklm on December 19, 2014, 01:20:06 PM yes, i forgot about that :)
Title: Re: Miners' strike! Post by: Bananana on December 19, 2014, 01:22:41 PM Ok I have a better ideea Everyone stop hashing and let me be the only hasher ! I will make some nice coins for myself hahaha Nah, you actually have to take a hell long to mine cause the difficulty is stuck at really high for many many months. Difficulty don't retarget immediately like some alt-coin do :) Title: Re: Miners' strike! Post by: SMB-2525 on December 19, 2014, 01:27:00 PM Bots and traders have hammered the price of bitcoin in 2014. Enough is enough! Traders are not driving down BTC prices. It is miners who must sell most of their output in order to keep mining.What if miners all around the world would unite and decide to strike all at once? No more mining of bitcoin until the price goes back to decent profitability levels? The network would stall for about 10 days - granted. But, the message would go load and clear to those "Wall Street" traders... respect the producers of bitcoin! The issue for miners is BTC mining is a zero sum game - you invest to take production away from the competition. Title: Re: Miners' strike! Post by: spazzdla on December 19, 2014, 04:01:23 PM Wat... this has "let me do a double spend" written all over it.
Title: Re: Miners' strike! Post by: notlist3d on December 19, 2014, 04:59:36 PM Wat... this has "let me do a double spend" written all over it. It also has someone who was not thinking. Not even a chance this will happen. |