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April 02, 2012, 05:57:46 PM |
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I don't think mining should be sensationalized. It's an important job that needs doing, and those who have the skills, opportunities and willingness to do it are rewarded for it. If you don't do it someone else will. Specifically, by refraining from mining, you would decrease the difficulty, making it profitable enough for someone else who would otherwise not mine (or mine in lesser capacity). The new equilibrium will be at a lower global hashrate (hence, lower network security), but the decrease is less than your own capacity.
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