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Author Topic: Can't developers start to make coins which limit the amount of total hashrates?  (Read 1326 times)
acaciosc (OP)
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December 27, 2014, 03:25:21 AM
 #1

If a reduced profitability is related to a constant increase in difficulty, can't developers just make coins which limit the amount of total hashrates allowed to mine in their coins? So more forks could be made, allowing any person to earn big profits for a long time before it becomes unprofitable, between numerous coins? 
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December 28, 2014, 07:55:33 AM
 #2

If one person owned the total hashrate on a coin then they would be able to make fake coins if they so pleased, anyways it is meant to be a competition to create continued growth of the network and coin.

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December 28, 2014, 11:18:40 PM
 #3

Hmm, so the total hashrate in a specific coin can't in any way be limited, even if the developers wished?
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December 28, 2014, 11:36:59 PM
 #4

I dont see any way by which it will work. It can be made a non-linear response of hash power and difficulty, but then someone will set up multiple miners.






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desertfox470
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December 29, 2014, 12:40:31 AM
 #5

I think that coin would be dead pretty fast. Once the hash rate hits the max how will other miners mine. People would loose interest because wales could be formed pretty easily.
BTCish
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December 29, 2014, 12:40:19 PM
 #6

This is interesting concept. It should be possible to limit hashrate to individual miner too.

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December 29, 2014, 01:48:31 PM
 #7

This is interesting concept. It should be possible to limit hashrate to individual miner too.

Then they will set up multiple miners.
The concept is dead, it cant work.






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acaciosc (OP)
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December 30, 2014, 01:55:55 AM
 #8

This is interesting concept. It should be possible to limit hashrate to individual miner too.

Then they will set up multiple miners.
The concept is dead, it cant work.

I didn't understand. Couldn't be possible to put limits to multiple miners as well? Maybe a coin which accepts to be mined only through a specific pool and is unable to be mined in solo mode?
seriouscoin
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December 30, 2014, 03:50:15 AM
 #9

Stupidest shit i've heard. Seriously some fckers on here are either smart or dumb. Sigh....
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December 30, 2014, 04:11:40 AM
 #10

This is interesting concept. It should be possible to limit hashrate to individual miner too.

Then they will set up multiple miners.
The concept is dead, it cant work.

I didn't understand. Couldn't be possible to put limits to multiple miners as well? Maybe a coin which accepts to be mined only through a specific pool and is unable to be mined in solo mode?

Yeah, that's really not how this whole thing works... That's not how mining pools work... Hell, I'm not even sure I know what you're talking about, I can't even begin to address it.

Always use escrow. OgNasty is pretty sweet.

Help me out with compiling a list of mining datacenters!
acaciosc (OP)
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December 31, 2014, 04:09:48 AM
 #11

Stupidest shit i've heard. Seriously some fckers on here are either smart or dumb. Sigh....

And some are happy and nice people, while others are both unhappy and rude.  Wink
acaciosc (OP)
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December 31, 2014, 04:19:46 AM
 #12

This is interesting concept. It should be possible to limit hashrate to individual miner too.

Then they will set up multiple miners.
The concept is dead, it cant work.

I didn't understand. Couldn't be possible to put limits to multiple miners as well? Maybe a coin which accepts to be mined only through a specific pool and is unable to be mined in solo mode?

Yeah, that's really not how this whole thing works... That's not how mining pools work... Hell, I'm not even sure I know what you're talking about, I can't even begin to address it.

Hmm, nevermind. This is a nonsense question anyway.  Cheesy
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