I think distributed transaction verification service is of great value. Sometimes people forget that mining has an important property: it is relatively fair co

I think distributed transaction verification service is of great value. Sometimes people forget that mining has an important property: it is relatively fair compared to other mode of distribution of coin. I would prefer a fair system rather than a system controlled by single entity that distribute the coin as it sees fit. The mining profit is approximately the percentage of miner's computing power divided by total network computing power.