Why we need more pools mining:
Looking ahead
Though well-positioned currently, Discus Fish highlighted the emergence of new pools both within China’s bitcoin and litecoin mining communities and abroad as a potential long-term concern.
However, Wang stopped short of speculating on the future of Discus Fish, saying:
“Pools come and go. We all remember Deepbit, and others. It is hard to say anything one year from now.”
He added that “we must constantly improve our service” in order to stay competitive in a global market of miners always on the lookout for better – and more profitable – mining pools.
When asked about the future of Chinese bitcoin regulation as it pertains to Discus Fish, Wang said that he hopes that pools will be allowed to continue serving their function in the mining network.
Wang cited the fact that pools don’t touch government-backed currencies as reason for the sector to be lightly regulated. But given the fact that mining pools form are a kind of utility in the space, it remains unclear how regulators will approach the business model moving forward.
“Mining pools do not involve fiat money. I think it should not be a bigger target of the regulators than an exchange,” he concluded.
http://www.coindesk.com/chinese-mining-pool-discus-fish-bitcoin/