Miner's Union?

[enmaku]

URL changed, I managed to get http://bitcoinreference.com

Other than the titles and base URL, site content hasn't changed at all, all other paths are still the same relative to the new base URL so API can be found at http://bitcoinreference.com/api

btcunion.com now redirects to bitcoinreference.com

[1715080938]

1715080938

[1715080938]

1715080938

[1715080938]

1715080938

[enmaku]

Sound's like a plan enmaku. Glad to see some more discussion about it. It show's that there are miners who are here to support Bitcoin beyond reason's of personal gain and truely want to help bring the use of BTC to more people.
I would call it something around the lines of a sustainable market effort by miners for a better Bitcoin, though that needs to be shortened up a bit.
Tip added to your hat

Why thank you good sir. I had actually registered bitcoinreference.com before I saw this post but thanks for the suggestion anyway. I figure I'm talking about setting a "reference price" so the name works

[d.james]

Brilliant idea!! If you can pull it off, that is. Imagine an organized strike at 1 million difficulty.
You'll be solving one block every 10 hours and it would take months for the next difficulty drop.

[enmaku]

Brilliant idea!! If you can pull it off, that is. Imagine an organized strike at 1 million difficulty.
You'll be solving one block every 10 hours and it would take months for the next difficulty drop.

That actually sounds like it could be a real vulnerability if anyone really WERE to organize enough miners... Has anyone addressed this? Should the system change difficulty primarily in N blocks but have a secondary failsafe to change difficulty every N days if the block limit isn't reached? Now that I've got this thought in my head it legitimately worries me...

[kjj]

There would be WAY too much temptation to break the strike.

[Findeton]

There would be WAY too much temptation to break the strike.

Exactly. The only type of mining strike that would work is not selling the bitcoins you get from mining. But you keep mining.

[enmaku]

There would be WAY too much temptation to break the strike.

Exactly. The only type of mining strike that would work is not selling the bitcoins you get from mining. But you keep mining.

Which actually sounds a lot like what many of us do anyway during times when coins are undervalued.