4 ms·
You're right and it's proven pretty robust at that. This is a good proof of work, because it means that anyone with commodity hardware can set up a miner, and
by rothbardrand 9y ago
You're right and it's proven pretty robust at that. This is a good proof of work, because it means that anyone with commodity hardware can set up a miner, and the playing field is pretty level.
- nosuchthing 9y agoAssuming everyone has existing funds to acquire mining hardware. Large existing expendable cash has a greater advantage to mine and mint. Mining pool operators are also in a position to manipulate minting and transactions in the network.