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March 02, 2014, 03:36:56 PM |
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If a single user has several times more the hashrate of the average miner or even of the next more heavyweight miners in the ranks, a big supply of coins will be concentrated on him. This reduces incentive for the average person to mine and secure the network, creates instability in trading since he can control the market with his huge stash, and, more importantly for the future of each coin and the cryptocurrency movement, the coins are concentrated on someone who wont actually use them as a currency, which is necessary for a coin to make it big and establish itself as a real useful one...
If you administrate a pool consider not allowing such things in your pool, particularly if it seems that it is a botnet the source of the huge hashrate.
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