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Author Topic: Gaelium (GAEL) mining  (Read 1483 times)
FP91G (OP)
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Today at 12:51:19 PM
 #81


Quote from: FP91G
Currently, I see a situation where more than 90% of the hashrate is concentrated in a single pool, which is critically dangerous for the security and decentralization of the blockchain.

You're right, and we don't like it either, over 90% on one pool isn't healthy for any chain.
We can't move hashrate ourselves, miners choose where they point their rigs.
Mining Dutch is a multipool, so a big part of that hashrate is profit switching and comes and goes, which is also what causes the long gaps between blocks when it leaves.

What we can do is say it clearly.
If you mine GAEL, please consider spreading out.
rplant, zpool, AethelBlock and the gaelium.io pool all support it, and the full list is on miningpoolstats.

On our side the nodes watch for forks and reorgs around the clock, so if anything unusual happened on chain we would see it right away.
At the moment, I don’t see any major danger here, since the coin is not traded on any large exchanges. Nevertheless, you can exert an economic influence if you run your own mining pool, for instance, by offering zero-fee mining or providing other types of bonuses to miners.

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