26 ms·
<< Ethermine is already doing this on PoW with Tornado Cash This only proves that ether is already too centralized. FWIW. I used to mine eth on a small scale
by A4ET8a8uTh0 4y ago
<< Ethermine is already doing this on PoW with Tornado Cash
This only proves that ether is already too centralized.
FWIW. I used to mine eth on a small scale so I am obviously biased.
- redox99 4y agoThat doesn't prove anything. You can solo mine with a single GPU and choose to censor whoever you want. Any miner no matter how small can censor their own blocks.
- A4ET8a8uTh0 4y agoWhat you say is true in the same way like saying that taking a cup of water out of the ocean lowers the ocean level a little. It is true, but it is not significant. The moment the mining is moved to mostly non-solo miners ( and even now non-solo miners seem to vastly outnumber in sheer mining power established solo miners ). Basically, concentration of power means that eth will quickly become everything the banks are.. only worse ( because with banks you at least have some regulation to back you up ):P
- lesuorac 4y agoIsn't eth's power already concentrated more than banks are? Like 4 pools control 51% of the hashrate so they already can easily bully solo-miners.