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Author Topic: Can you mine with your wallet?  (Read 369 times)
talks_cheep
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January 10, 2016, 01:52:24 PM
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It would be great if bitcoin allowed regular folks to mine with just their wallet. Diamond coin, DMD, allows you to do this, all you need is a DMD walllet with some diamond coins and voila you're mining. With the global climate change, bitcoin should allow this. It's almost unconscionable. Shame on btc and bitcoin miners.

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January 10, 2016, 03:53:10 PM
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there are 2 different ways you complaint can be interpreted: 1 you want your btc wallet to mine the POW side of bitcoin, this is possible, but you wont make much.
2: you want bitcoin to have a POS function, That i assume the comparison with DMD you are talking about.
The second will not happen because bitcoin needs people to spend and transact it, POS makes people want to save.

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January 11, 2016, 07:40:58 AM
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Mining with your wallet was supported back when a CPU was able to mine Bitcoin for something in the ballpark of a profit, and for a while afterwards.

 There is no point to it now - you just waste power for essentially ZERO return.


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