aaand mining this coin is a right pain in the backside - as without pools - it needs to be done in solo ...
originally this was a novel concept - but it a dismal failure when it comes to distribution of coins to the public who is more concerned with the use of the coin and the applications they can use the coin for ( which is still in the process and the community at large - especially those involved directly with development - are doing an awesome job at ) ...
an argument i have had since the very beginning ...
if distribution of the coin is the main source of purchases for the apps on the up an coming servicenodes - then the easier the distribution access - the better ... purchasing coins on the exchange is one thing ... but for a miner ( like we are ) its a no-brainer that we mine the coins ...
BUT - unfortunately - its all about a 'no-pool' policy ( or as is the case now - a low pool policy ) which makes it a very specific way to mine ( solo ) ... and as such - interests only those that are willing to take the time to do so ...
dont get me wrong - i am FOR the coin and support the plans that are in the process ... but have ALWAYS been against the way one mines this coin ...
mr spread did an amazing thing by revealing a coin that is specific to its own design ... but when the fanfare dies down and all is said and done - what is left are the only things that keep this coin alive ... its community and its continued increase in minted coins ...
we all know where that has now ...
mining is at an all time low - and the interest that was once a great thing that was working in its favor - is now working against it ... its difficult mining process ...
simplify that - and the overall interest AND awareness is raised ...
i speak from a miners point of view - and one that still mines this coin from time to time - but always turn back to the simplified systems to mine ... if only just because its an easier setup to mine other coins - and switch between them without any real infrastructure changes ... especially with our farm ...
#crysx
Here is the problem with your argument.
1. Bitcoin now has 5 pools that account for 60% of the total hashing of Bitcoin. Bitcoin mining is centralized.
2. Making it easy to switch is, err, not a priority.
3. The mining of SPR is a function of price. Increase demand for services has a positive impact on price, miners switch over.
4. Private pools can be created. I've always said I like pools. SPR makes pools more difficult to operate, so that encourages decentralization.
coins101 ... with all due respect - there really is NOTHING wrong with my argument at all ...
as a miner - these arguments are steadfast and correct ...
bitcoin is NOT spreadcoin - so the centralization argument is moot ...
the issue of distribution of the coins - and thus the servicenodes and apps - is MORE than valid ... ocminer has had a pool for a long long time now ...
we never mined on ocminers pool for two reasons ... availability of the SORCECODE ( which i asked him FREQUENTLY for - so that we can compile both nvidia AND amd miners - which he NEVER supplied to us ) and optimization of his fork of the miners ( which dont match anywhere near that of sp's closed private miner and thus the impossibility of mining on ocminers pool ... this is the reason we mined exclusively at nonce-pools pool - which is now closed ...
ocminer is a good guy - with good pools ... spr have shown 'almost' no support of his efforts by placing his pools on the op ... regardless of what miners are out there for spreadcoin ... in fact - in times past - ocminer was slammed for the pool ... as well as all the talk about nonce-pool - which we were mining on at the time ...
i do know you are in favor of pools - i watch this and many other threads closely ... i personally am invested heavily into spreadcoin ( and no - i wont tell you how much i own
- but its quite a bit ) ...
making it easy to switch - DAMN RIGHT its a priority ... especially as a miner with a farm that is tuned to mine exclusively - or generally ... the spreadx11 algo is a good algo ... making it an easily switchable algo allows for a WIDE range of miners and home users ( miners also ) to take interest in the COIN ...
the servicenodes and apps - great! ... the interest that will bring in is fantastic - BUT - the network itself RELIES on the stability of the blockchain and the MINERS that support it ...
and if you think that mining of spr is purely a function of price alone - then the type of 'miner' the network will attract IS the dumper ... if you want to attract more miners like US - that are interested in the stability and availability and value of the coin - then taking my words into account will serve the network well ... if not just purely that you will attract the 'right' miners with farms that will mine spr ...
im getting frustrated at the wastage of potential that this coin has because of the whole 'holier than thou' attitude this coin is looking like it is taking on ... seriously ... this is a STRUGGLING coin ... with some DAMN good members of the community ( including you and the devs ) ... this will all go to hell if things dont change soon - and the whole 'bitcoin centralization camparison' isnt over and done with ...
bitcoin is NOT centralized - bitcoin will NEVER be centralized - bitcoin mining is NOT centralized - regardless of how many BIG miners have whatever percentage share of the network ...
if these BIG miners drop dead - the network ( and diff ) will adjust ... if more BIG miners come in - the network ( and diff ) WILL adjust ... it will NEVER be a centralized system - EVER ! ...
funnily enough - the same will happen with spr - regardless of how many mine or not ... but the EASE of mining is the one thing that will conduct this ...
its all good and well to look back in history of the mining hashrate when it all started - but we all KNOW that almost everycoin has that happen because THOSE kind of miners exists to mine and dump ...
it really amazes me how you can state there are all these flaws in MY argument - when you are not in MY position with the farm ... take into account that support from more miners like ME / US will produce a damn sable backend and blockchain ...
before picking all this to pieces and making spr the God of all coins - take a look at the miners side as well as the devs side as well as the users side ... we all exist ... and yes - we all mine and use and buy and trade different coins - not JUST spr ... so switching to ME and a great many miners alike - is a VERY valuable asset ...
if this is the the road spr is going to continue taking - i for one ( of many many MANY that i know ) will lose faith in this altogether ... not a good sign mate ...
#crysx
