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Author Topic: Are mining pools bad for Bitcoin?  (Read 1901 times)
fattypig
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October 23, 2013, 12:36:46 PM
 #21

It's not healthy for the ecosystem to have a few huge pools. However, a system such as Multi-PPS may make huge pools unneeded.

Due to increasing difficulty, it is possible for a fixed hashrate miner to never ever find a block.

I'm not sure I agree with you on this one... anybody can find a block.


Actually, i forgot to specify "if mining solo".

Yes, anyone "can" find a block. But with constantly rising difficulty, the odds against finding one keep increasing as well.

Well, in the long run "solo" should get a little higher then pool (due to pool fee and stale). But the variance will be high so don't complain Smiley

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