Show Posts
I would be interested in creating an "ecocoin" geared towards solo CPU miners (and penalize or prevent other forms of mining).
What are some ways of rewarding solo miners and discouraging or even preventing pools?
Any way to force CPU mining instead of GPU (and certainly not ASIC)?
Would it be possible to reward miners MORE for using less computing power somehow?
Any way to prevent people from owning/running more than one miner?
Ideally I'd want to control it so that the average person mining on a Raspberry Pi (for example) can earn around 3 ecocoins per 24 hours of mining.
Does everyone see where I'm headed with this? The idea is that:
1) It doesn't hog electricity.
2) If you own a Raspberry Pi or something like that, you earn as much in a day from mining as someone who owns a $10,000 computer.
What are some ways of rewarding solo miners and discouraging or even preventing pools?
Any way to force CPU mining instead of GPU (and certainly not ASIC)?
Would it be possible to reward miners MORE for using less computing power somehow?
Any way to prevent people from owning/running more than one miner?
Ideally I'd want to control it so that the average person mining on a Raspberry Pi (for example) can earn around 3 ecocoins per 24 hours of mining.
Does everyone see where I'm headed with this? The idea is that:
1) It doesn't hog electricity.
2) If you own a Raspberry Pi or something like that, you earn as much in a day from mining as someone who owns a $10,000 computer.
A few ideas that spring to mind are:
- Set a maximum upper bound on the hashrate for a single entity and/or pool.
- Modify difficulty in a logarithmic manner, so someone hashing at 300Mh/s will only be seeing double the benefit of someone hashing at 30Mh/s.
- Adopt a proof of stake system (or hybrid PoS/PoW). This sounds somewhat similar to PPCoin in the sense that it is "green" and depends less on raw hashing power.
Of course, none of these ideas are perfect; my big concern with the first two is they will make botnets incredibly powerful when mining this currency. These are just some debate-spawning ideas to consider off the top of my head.
can you make it happen? PM me if you want to make such alt-coin. I'll help you promo
